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Technology Stocks : SDLI

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To: scott who wrote (24)2/28/1997 7:40:00 AM
From: w2j2   of 297
 
Return-Path: <staff@quote.com> From: <staff@quote.com> Date: Thu, 27 Feb 1997 15:15:29 -0800 (PST) To: quotecom-users@quote.com Subject: SDL Announces Favorable Decision in Patent Infringement Action ====================================================================== Rockwell MOCVD Patent Declared Invalid by Court of Federal Claims SAN JOSE, Calif., Feb. 27 /PRNewswire/ -- SDL, Inc. (Nasdaq: SDLI) announced today that on February 5, 1997, the Court of Federal Claims in Washington, D.C., granted summary judgment in favor of SDL, declaring invalid key portions of a Rockwell (NYSE: ROK) patent for a metal organic chemical vapor deposition ("MOCVD") process used in the manufacture of optoelectronic devices. Rockwell had claimed that SDL manufacturing processes used in the fabrication of SDL's semiconductor laser products infringed the Rockwell MOCVD patent. Rockwell had sought damages and an injunction against SDL's further use of the process. Commenting on the court's decision, Donald R. Scifres, Chairman and Chief Executive Officer of SDL noted, "We are heartened by this important decision because we have believed all along that the Rockwell patent was invalid." Scifres added, "Although Rockwell has asked the court for a reconsideration of certain issues and may appeal the decision, we believe the ultimate resolution of this matter will eliminate any obligation of SDL to pay license fees to Rockwell relating to MOCVD processes."
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