Korean Patent Court Reverses Korean Intellectual Property Office Ruling on Certain Claims of Two FormFactor Patents; Ruling Does
October 27 2005 - 1:41PM
Business Wire
FormFactor, Inc. (Nasdaq:FORM), announced the Korean Patent Court
issued an oral ruling holding invalid certain claims of two of four
Korean Patents asserted by FormFactor against Phicom Corporation.
Following normal practice, the basis for the ruling was not given
and a written opinion explaining the ruling would typically be
expected in one to three weeks. FormFactor is asserting against
Phicom two other Korean Patents that the Korean Intellectual
Property Office has confirmed valid over Phicom's challenges, which
Phicom has appealed. These two patents are not affected by today's
Patent Court ruling. FormFactor's issued U.S. patents, including
the four patents that the Company is asserting against Phicom in
federal court in Oregon are also not affected by the Patent Court
decision. "Today's ruling by the Korean Patent Court is one event
in the course of a comprehensive litigation in multiple
jurisdictions involving multiple patents," said Stuart Merkadeau,
FormFactor's senior vice president and general counsel. "We are
awaiting the written decision from the Patent Court to understand
and evaluate the substantive merits of the ruling and to finalize
plans for an appeal. We have two other Korean patents we are
asserting against Phicom and are moving forward aggressively with
the US litigation. We remain confident in the strength of our
global patent portfolio." About FormFactor FormFactor, Inc.
(Nasdaq:FORM) is an industry leader in the design, development,
manufacture, sale and support of precision, high-performance
advanced semiconductor wafer probe cards. The Company's products
are based on its proprietary technologies, including its
MicroSpring interconnect technology and design processes, which
enable FormFactor to produce wafer probe cards for test
applications that require reliability, speed, precision and signal
integrity. FormFactor is headquartered in Livermore, California.
For more information, visit the company's web site at
www.formfactor.com. Forward-Looking Statements Statements in this
press release that are not strictly historical in nature are
forward-looking statements within the meaning of the federal
securities laws, including statements regarding business momentum,
future growth and the performance of our products. These
forward-looking statements are based on current information and
expectations that are inherently subject to change and involve a
number of risks and uncertainties. Actual events or results might
differ materially from those in any forward-looking statement due
to various factors, including, but not limited to: any ruling by
the Korean Patent Court on the two other FormFactor Korean patents
currently being asserted against Phicom, the likelihood of success
of any appeal of the Patent Court decisions, the relative strength
of the Company's global patent portfolio, and the Company's ability
to protect and enforce its intellectual property rights. Additional
information concerning factors that could cause actual events or
results to differ materially from those in any forward looking
statement is contained in the Company's Form 10-Q for the period
ending June 25, 2005, filed with the Securities and Exchange
Commission ("SEC"), and subsequent filings. Copies of filings made
by the Company with the SEC are available at
http://investors.formfactor.com/edgar.cfm. The Company assumes no
obligation to update the information in this press release, to
revise any forward-looking statements or to update the reasons
actual results could differ materially from those anticipated in
forward-looking statements.
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