June 18, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — VirnetX Holding Corp.’s (AMEX: VHC) board has approved the declaration of a one-time special cash dividend of $0.50 per share of the company's common stock, payable on July 15 to stockholders of record on July 1.

California-based VirnetX Holding an internet security software and technology firm.

The 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 it said were recently declared as essential for 4G security specifications.

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