Cypress Releases Alcatel-Lucent From ITC Complaint Regarding SRAM Patent Infringement by GSI Technology
January 18 2012 - 9:00AM
Business Wire
Cypress Semiconductor Corp. (NASDAQ: CY) today announced that it
has filed a joint motion to release Alcatel-Lucent from Cypress’s
complaint to the United States International Trade Commission (ITC)
regarding alleged infringement of Cypress’s SRAM patents by GSI
Technology, Inc. Cypress’s complaint seeks an exclusion order from
the ITC that will prevent the importation of all infringing GSI
SRAMs.
The ITC action against GSI lists known importers of products
that incorporate the accused GSI SRAMs. Cypress has reached an
agreement with Alcatel-Lucent which resulted in the removal of the
company from the ITC action.
“We’re pleased to reach agreement with Alcatel-Lucent in order
to remove another customer from this case,” said Dana Nazarian,
Executive Vice President of Cypress’s Memory Products Division.
“This brings the number of customers who have been released from
the complaint to four. We’re hopeful that we can reach agreement
with other customers to respect Cypress’s intellectual property and
thereby be released from the complaint as well.”
About Cypress
Cypress delivers high-performance, mixed-signal, programmable
solutions that provide customers with rapid time-to-market and
exceptional system value. Cypress offerings include the flagship
PSoC® programmable system-on-chip families and derivatives such as
PowerPSoC® solutions for high-voltage and LED lighting
applications, CapSense® touch sensing and TrueTouch® solutions for
touchscreens. Cypress is the world leader in USB controllers,
including the high-performance West Bridge® solution that enhances
connectivity and performance in multimedia handsets. Cypress is
also a leader in high-performance memories and programmable timing
devices. Cypress serves numerous markets including consumer, mobile
handsets, computation, data communications, automotive, industrial
and military. Cypress trades on the NASDAQ Global Select Market
under the ticker symbol CY. Visit Cypress online at
www.cypress.com.
Cypress, the Cypress logo, PSoC, PowerPSoC, CapSense, TrueTouch
and West Bridge are registered trademarks of Cypress Semiconductor
Corp. All other trademarks are property of their owners.
This release may be deemed to contain forward-looking
statements, which are subject to the safe harbor provisions of the
Private Litigation Reform Act of 1995. These forward-looking
statements include, among other things, statements regarding
Cypress’ expected outcome of the pending ITC investigation and
other future events and expectations, each of which involve risks
and uncertainties. Readers are cautioned that these forward-looking
statements are only predictions and may differ materially from
actual future events or results due to a variety of factors,
including the actions of the Patent and Trademark Office and other
factors listed in Cypress’s most recent reports on Form 10-K, 10-Q
and 8-K. The information above speaks only as of the date of this
release.
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