SAN JOSE, Calif., May 3, 2012 (GLOBE NEWSWIRE) -- Ubiquiti Networks, Inc. (Nasdaq:UBNT), a next-generation communications technology company reiterated with its customers the discovery of counterfeit products on the market and launched a worldwide campaign to aggressively defend its intellectual property and protect its customers.
The company believes that as a result of the effectiveness of its campaign, it has become subject to malicious and false accusations posted on overseas websites by those infringing on its intellectual property, and these false accusations have subsequently been reposted by unwary media outlets and news aggregators.
"While we do not normally comment on rumors, we take our business reputation very seriously and strive to conduct all of our activities in compliance with the law," said Jessica Zhou, General Counsel and Vice President of Legal Affairs of the company, "Our worldwide intellectual property protection efforts demonstrate that we take our customers' interest to heart and that we remain firmly committed to being a technology leader."
About Ubiquiti Networks
Ubiquiti Networks is a next-generation communications technology company that designs and manufactures proprietary technologies. Since 2005, Ubiquiti's products and solutions have bridged the digital divide between emerging and developed markets by fundamentally changing the economics of deploying high performance networking solutions in underserved and underpenetrated markets globally. Our technology platforms AirMax, UniFi and AirVision, focus on delivering industry-leading performance, compelling price-performing characteristics and an unparalleled user experience. Ubiquiti has reduced high product and network deployment costs and other business model inefficiencies to enable rapid market adoption of their products and solutions in emerging markets. For more information visit http://www.ubnt.com/.
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CONTACT: For more information John Ritchie Chief Financial Officer Ubiquiti Networks 408.942.3085 ext 329 Investor Relations: JoAnn Horne Market Street Partners 415.445.3235