STAMFORD, Conn., April 25, 2007 -- Today Symantec Corporation (NASDAQ:SYMC) started to list Enigma Software Group's (OTCBB:ENGM) SpyHunter software product in their "Norton 360", and "Norton SystemWorks" Security products as a security threat. Symantec falsely listed the product as a Security Risk, with a severe threat rating of 3. This precipitous and ill-considered action by Symantec is causing Enigma Software Group significant damages.
In response to Symantec's erroneous action, Enigma sent Symantec a Cease and Desist letter. A copy of the letter can be found at the following link SYMANTEC CEASE AND DESIST. Enigma intends to follow through with swift legal action. SpyHunter is not a security threat, and Enigma intends to defend it's position vigorously against any business that seeks to use this erroneous designation as part of a strategy to undermine competition. Contrary to Symantec’s listing, SpyHunter helps consumers protect their computers against unwanted spyware and malware.
In 2004, Enigma Software was labeled as a security threat by their competitor Lavasoft. In response to this listing, as well as to an orchestrated campaign of false statements posted on Lavasoft's website forum, Enigma filed a complaint in New York Federal Court. A copy of the complaint can be found at the following link: LAVASOFT COMPLAINT. That case ended in a settlement, and Lavasoft is no longer listing Enigma Software Group's products.
In addition to Symantec, other competitors of Enigma, including Malwarebytes.org, SecurityCadets.com, MalwareTeks.com, and Temerc.com, have been coordinating a campaign to have SpyHunter listed as rogue software. Each of these entities is a competitor of Enigma Software Group that either has competing products or is an affiliate of competing products. Enigma is evaluating closely its legal options with respect to this anticompetitive campaign.
Enigma wishes to engage the Internet security community at large in a neutral open discussion at a neutral forum. Executives and employees of Enigma agree to discuss technical details of Enigma’s software product SpyHunter. Enigma invites security experts such as Susan Turner, Ben Edelman, Eric Howes, and other security experts to discuss SpyHunter. Enigma requests that there be no anonymous posts permitted in this discussion thread, to help ensure it will not be subverted by those who would post comments for anticompetitive purposes. Accordingly, Enigma requests that participants in this forum thread should provide their name, address, and phone number.
For a better understanding of Enigma's business, the reader is urged to review the Company's public filings, which are available online at http://www.sec.gov.
About Enigma Software Group, Inc.
Enigma develops and markets digital products and services for the consumer market. Enigma is known mostly for its Anti-Spyware software product SpyHunter. SpyHunter is distributed exclusively over the Internet by download. Enigma owns and operates several websites, including the Spyware reference sites www.spywareremove.com, www.anti-spyware-101.com, and more. Enigma Software operates within the United States with a worldwide customer base.
This release contains forward-looking statements relating to the development of Enigma Software Group, Inc.'s products and services and future operating results, including statements regarding Enigma Software Group's software, that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words "believe," "expect," "intend," "anticipate," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could affect Enigma Software Group Inc.'s actual results include the progress and costs of the development of our products and services, the timing of market acceptance of those products and services and subscriber cancellations and returns. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Enigma Software Group, Inc. undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.
Enigma Software Group, Inc. http://www.enigmasoftwaregroup.com