Blancco Technology Group Files Stipulation for Vol

2 March 2017

BLANCCO TECHNOLOGY GROUP 

Blancco Technology Group Files Stipulation for Voluntary Dismissal Without Prejudice of Declaratory Judgment Sought by ITRenew

Blancco Technology Group Plc (AIM: BLTG, "Blancco"), a leading global provider of mobile device diagnostics and secure data erasure solutions, today announced that it has filed a voluntary stipulation of dismissal without prejudice in the U.S District Court of the Northern District of California for the declaratory judgment litigation brought by ITRenew. ITRenew had sought a judicial declaration that it had not infringed Blancco Technology Group's U.S. Patent No. 9,286,231.

Since ITRenew filed for a declaratory judgment of non-infringement, Blancco Technology Group has engaged in litigation to rigorously protect its intellectual property and the method by which Blancco Drive Eraser (formerly Blancco 5) erases data from solid state drives (SSDs). Central to Blancco Drive Eraser's approach is the use of uncompressible data, which is permanently erasable. ITRenew has claimed that its Teraware product does not obtain a sequence of uncompressible data in its data erasure operations, but rather uses a fixed (or static) overwrite pattern similar to what is typically used on rotating magnetic drives. 

To reach a suitable outcome for both parties, a third-party digital forensics expert was brought on to determine if ITRenew's Teraware product uses uncompressible data in its data erasure operations. In two different examinations by a digital forensics expert, no evidence of uncompressible data was found.

Data from Markets and Markets indicates that the global SSD market is poised for rapid growth and expected to be worth $230 billion by 2022. Data compression is now prevalent across hardware and firmware in storage devices, including SSDs, due in large part to its benefits of improved data transfer and optimized capacity.

Khalid Elibiary, Vice President of Technology, Blancco Technology Group said

"We are pleased that this matter has been resolved. As data erasure experts with almost 20 years of experience serving enterprise businesses around the world, our opinion is that executing data erasure commands using compressible data on any system that uses data compression is a security vulnerability and could potentially leave data remnants on storage devices."

Enquiries:

Blancco Technology Group Plc +44 (0) 20 3657 7000

Pat Clawson, Chief Executive Officer

Keith Butcher, Chief Financial Officer

Peel Hunt LLP (Nominated Adviser and Broker) +44 (0) 20 7418 8900

Edward Knight

Euan Brown 

Panmure Gordon (UK) Limited (Joint Broker) +44 (0) 20 7886 2500

Dominic Morley, Corporate Finance

Charles Leigh Pemberton, Corporate Broking 

Tulchan Communications +44 (0) 20 7353 4200

Tom Murray

Matt Low

About Blancco

Blancco Technology Group is a leading global provider of mobile device diagnostics and secure data erasure solutions. For more information, please visit www.blancco.com