REDMOND, Wash., May 18, 2006 – Today’s filing stems from a very narrow disagreement over the terms of a 1996 contract with Veritas to license volume management technology. We worked hard to try to resolve these issues with Symantec, but were not able to reach an agreement. We believe the facts will show that Microsoft’s actions were proper and are fully consistent with the contract between Veritas and Microsoft.
These claims are unfounded because Microsoft actually purchased intellectual property rights for all relevant technologies from Veritas in 2004.
Microsoft first entered into a contract with Veritas in 1996 to license volume management technology. The contract ultimately gave Microsoft the option to buyout the rights to Veritas’ code and intellectual property rights. In 2004, Microsoft exercised that right and purchased the IP rights. Even so, we have gone to great lengths ensure that our volume management functionality continues to works side by side with Veritas’ products.
We value our relationship with Symantec, and we continue to work closely with them on a wide variety of issues. We are confident that our actions are wholly consistent with the legal agreements between Veritas and Microsoft, and that these claims will be shown to be without merit.