VirnetX Announces New Chief Technical Officer

SCOTTS VALLEY, Calif., June 30 /PRNewswire-FirstCall/ -- VirnetX Holding Corporation (NYSE Amex: VHC), an Internet security software and technology company, announced today that on July 9, 2010, Dr. Robert Short III will take over duties as VirnetX Chief Technical Officer. Dr. Short replaces Edmund "Gif" Munger who has formally retired from active service with the Company in order to pursue other interests and spend time with his family.

Dr. Short is named as a co-inventor on substantially all of the patents of the Company's rich patent portfolio.  He has been the Chief Scientist for the Company since May 2006. From February 2000 to April 2007, Dr. Short was Assistant Vice President and Division Manager at Science Applications International Corporation ("SAIC"). From 1994 to February 2000, he also held various other positions at SAIC. Prior to SAIC, he worked at ARCO Power Technologies, Inc. (Atlantic Richfield Petroleum), Sperry Corporate Technology Center and Sperry Research Center.  Dr. Short has worked on numerous U.S. national security technology programs. He has a Ph.D. in Electrical Engineering from Purdue University along with a M.S. in Mathematics and a B.S. in Electrical Engineering from Virginia Tech.

"Bob Short is the perfect choice for CTO of VirnetX," said Kendall Larsen, VirnetX President and CEO.  "As co-inventor of our patents and VirnetX Chief Scientist he understands our vision and is uniquely qualified to lead VirnetX as we develop our licensing program and prepare to launch our Secure Domain Name Initiative which we believe will be the de facto platform for securing 4G."

Mr. Munger has been VirnetX's Chief Technical Officer for the last four years and worked with Dr. Short in the development of VirnetX's patent portfolio.  "Gif has been instrumental to our many achievements," said Kendall Larsen.  "He will always be a part of the VirnetX family and we wish him well in his retirement."

About VirnetX

VirnetX Holding Corporation, an Internet security software and technology company, is engaged in commercializing its patent portfolio by developing a licensing program as well as developing software products designed to create a secure environment for real-time communication applications such as instant messaging,  VoIP, smart phones, eReaders and video conferencing. The Company's patent portfolio includes over 48 U.S. and international patents and pending applications that were recently declared as essential for 4G security specifications and provide the foundation for the Company's unique GABRIEL Connection Technology. For more information, please visit www.virnetx.com.

SOURCE VirnetX Holding Corporation

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