Web Analytics Leader Licenses NetRatings’ Patent Portfolio Worldwide
NEW YORK, Feb. 28 – LAWFUEL – Lawsuit News Daily — NetRatings, Inc.
(Nasdaq: NTRT) and Omniture, Inc., today announced the settlement of
NetRatings’ patent infringement action against Omniture. Under the terms of
the settlement, the parties have agreed to dismiss all pending legal claims
and NetRatings has licensed its patent portfolio to Omniture, granting
worldwide rights under all of NetRatings’ patents. The financial terms of the
settlement were not disclosed.
“We always put the needs of our customers first,” said Josh James, CEO and
co-founder of Omniture. “Our agreement with NetRatings ensures that our
customers will have the highest level of certainty and protection when using
Omniture’s enterprise-class Web analytics products and services. We are proud
to be the first major Web analytics solutions provider to have licensed these
intellectual property assets.”
“We are pleased to have worked with Omniture to reach an amicable
resolution that we believe is beneficial to both companies,” said William
Pulver, president and CEO, NetRatings. “We remain confident in our strategy to
protect NetRatings’ intellectual property in the Web analytics and online
advertising measurement spaces, and expect to broaden the scope of our patent
enforcement program.”
About NetRatings
NetRatings, Inc. delivers leading Internet media and market research
solutions, marketed globally under the Nielsen//NetRatings brand. With high
quality, technology-driven products and services, Nielsen//NetRatings is the
global standard for Internet audience measurement and premier source for
online advertising intelligence, enabling clients to make informed business
decisions regarding their Internet and digital strategies. The
Nielsen//NetRatings portfolio includes panel-based and site-centric Internet
audience measurement services, online advertising intelligence, user lifestyle
and demographic data, e-commerce and transaction metrics, and custom data,
research and analysis. For more information, please visit
http://www.nielsen-netratings.com.
About Omniture
Omniture, Inc., headquartered in Orem, Utah, is the pioneer of on-demand
Web analytics technology that delivers the essential intelligence needed by
Web commerce leaders and innovators to drive the business decisions that
increase ROI. Omniture is the largest on-demand Web analytics and online
marketing services provider by revenue, and Omniture’s SiteCatalyst is the
most mature and comprehensive technology on the market, offering industry
leading scalability and flexibility combined with an intuitive user interface.
Omniture is the only company in its market to offer a complete Web analytics
platform that combines instant response times with the power to view Web data
across any dimension. In addition, Omniture offers knowledgeable professional
service teams, experienced in helping customers determine the questions they
must ask to arrive at the answers they require. Proof of its world-class
technology and outstanding team, Omniture has the highest level of retained
and satisfied customers in the market, including eBay, AOL, Wal-Mart, Gannett,
Microsoft, Oracle, Apple, GM and HP. http://www.omniture.com.
Safe Harbor Statement
This press release contains statements that may constitute forward-looking
statements pursuant to the safe harbor provisions of the Private Litigation
Reform Act of 1995. These forward-looking statements are based on current
expectations and assumptions and involve a number of uncertainties and risks
that could cause actual results to differ materially from those currently
expressed in any such forward-looking statements. Information about potential
factors that may affect NetRatings’ business and financial results is included
in its annual report on Form 10-K for the fiscal year ended Dec. 31, 2004 and
its quarterly reports on Form 10-Q, including, without limitation, under the
captions “Management’s Discussion and Analysis of Financial Condition and
Results of Operations” and “Risk Factors That May Affect Our Performance.”
Each of these documents is on file with the SEC and is available free of
charge. Readers of this press release are referred to such filings. The
forward-looking statements herein speak only as of the date of this press
release. NetRatings does not undertake to update any forward-looking statement
that may be made from time to time by it or on behalf of NetRatings.
Susan Hickey
NetRatings, Inc.
212-703-5909
shickey@netratings.com
Andrew Watson
801-932-7386
andrewwatson@omniture.com
Marisa Lam
650-762-2883
mlam@arpartners.com
