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Press release content from Business Wire. The AP news staff was not involved in its creation.

Expensify and SSMP Reach Amicable Resolution

April 2, 2019

SAN FRANCISCO--(BUSINESS WIRE)--Apr 2, 2019--Today, Expensify, the fastest growing expense reporting software worldwide, and Search and Social Media Partners (SSMP), a leading developer of technologies in the search engine and social networking fields, have reached an amicable resolution regarding SSMP patents in view of litigation filed by SSMP. As part of the resolution, Expensify has removed the implementation of the feature accused of infringement in its products and services, admitted no infringement, made no payment, and believes the revision will have no material impact on its customers.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190402005255/en/

CONTACT: Ryan Schaffer

press@expensify.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE SEARCH ENGINE MARKETING SOCIAL MEDIA PROFESSIONAL SERVICES FINANCE LEGAL COMMUNICATIONS

SOURCE: Expensify

Copyright Business Wire 2019.

PUB: 04/02/2019 09:00 AM/DISC: 04/02/2019 09:01 AM

http://www.businesswire.com/news/home/20190402005255/en