O2Micro Announces $2.3 Million Award in BiTEK Case
August 15 2007 - 8:57PM
PR Newswire (US)
GEORGE TOWN, Grand Cayman, Aug. 15 /PRNewswire-FirstCall/ --
O2Micro(R) International Limited (NASDAQ:OIIM)(SEHK:0457), a
leading supplier of innovative power management, and security
components and systems, announced that the United States District
Court for the Eastern District of Texas awarded O2Micro attorneys'
fees of $2,159,139.26 and costs in the amount of $109,263.29
against defendants Beyond Innovation Technology Co., Ltd., FSP
Technology, SPI Electronic Co., Ltd., FSP Group and Lien Chang
Electronic Enterprise Co., Ltd. In the Memorandum Opinion and Order
dated August 13, 2007, the District Court also denied a renewed
motion for judgment as a matter of law and motion for new trial by
defendants, and denied a motion to stay the permanent injunction
currently in effect against the defendants. The defendants have
appealed the case to the United States Court of Appeals for the
Federal Circuit. About O2Micro Founded in April 1995, O2Micro
develops and markets innovative power management, and security
components and systems for the Computer, Consumer, Industrial, and
Communications markets. Products include Intelligent Lighting,
Battery Management, Power Management, SmartCardBus(R) and Security
products, such as VPN/Firewall system solutions. O2Micro
International maintains an extensive portfolio of intellectual
property with 7,695 patent claims granted, and over 9000 more
pending. The company maintains offices worldwide. Additional
company and product information can be found on the company website
at http://www.o2micro.com/. O2Micro, the O2Micro logo,
SmartCardBus, and combinations thereof are registered trademarks of
O2Micro. All other trademarks are the property of their respective
owners. DATASOURCE: O2Micro CONTACT: Mitchell Benus, Director of
Investor Relations, of O2Micro, +1-408-332-1749, Web site:
http://www.o2micro.com/
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