Espoo, Finland - September 4, 2000
F-Secure Corporation has received a positive ruling from the arbitration
concerning the exclusive rights to sell and market the F-Secure SSH product
co-developed with SSH Communications Security Ltd. The arbitrator, nominated
by the Central Chamber of Commerce, has decreed that F-Secure will continue
to enjoy exclusive sales and marketing rights for the product. SSH
Communications Security Ltd. was ordered to return royalties to F-Secure
Corporation totalling 0,3 million EUR.
The arbitration process and the independent auditing carried out during the
arbitration validated that the books and reporting related to the contract
were in order, save certain royalty reports and payments being late.
F-Secure recognizes the validity of the licenses sold by SSH Communications
Security Ltd. during the arbitration process. F-Secure will do all within
its power to make sure that no discomfort is experienced by these customers
due to the fact that SSH Communications Security is not allowed to continue
to sell the product.
F-Secure will continue to build its relationship with SSH Communications
Security in a positive and constructive spirit. F-Secure looks forward to
opening negotiations with SSH Communications Security to authorize SSH
Communications Security to act as a reseller for the F-Secure SSH products.
F-Secure Corporation
Risto Siilasmaa
President, CEO