NEW YORK, Feb. 28 /PRNewswire-FirstCall/ -- NetRatings, Inc. 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
