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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (10105)4/4/2000 2:28:00 PM
From: Jim Greif  Respond to of 60323
 
This just crossed,

April 04, 2000 07:47

U.S. District Court Orders Trial to Resolve Patent Validity Lawsuit
Between Lexar Media and SanDisk

FREMONT, Calif.--(BUSINESS WIRE)--April 4, 2000--

Court Cannot Resolve Patent Validity On Summary Judgment;
Jury to Decide Issue as Trial Is Set for October

Lexar Media today announced that United States District Court for the Northern District of
California has ordered a long-standing patent dispute brought by SanDisk Corporation
(Nasdaq:SNDK) to trial to decide the validity of SanDisk's patent (SanDisk Corporation v. Lexar
Media, Inc., Case No. C98-1115 CRB).

While the Court did conclude that some of Lexar's products contributorily infringe SanDisk's
patent, the trial is set for October 23, 2000 to determine if the patent is valid and enforceable.

"Lexar strongly believes that SanDisk's patent is invalid," said John Reimer, President and CEO,
Lexar Media. "The Court's decision permits Lexar to pursue all of its invalidity arguments at the
October 23, 2000 trial. We have always believed that the only way to conclude that we violate
the '987 patent is to read the patent claims in a way we believe would ultimately invalidate the
patent. That issue will be before the jury in October. Until then, we will continue to support our
customers, pursue new business and solidify our technology leadership," said Reimer.

About Lexar Media

Lexar Media offers high-performance digital film and connectivity products. It designs, develops
and markets a complete line of removable and reusable digital film in the three most popular
industry formats: CompactFlash, SmartMedia and PC Cards. The company also offers
easy-to-use connectivity products to transfer photographic images to the computer. Lexar Media
is headquartered in Fremont and has a sales office in Tokyo. Information on Lexar can be
obtained through its toll-free number 1-800-789-9418 or by accessing www.digitalfilm.com.

Note to Editors: Lexar Media and the Lexar logo are trademarks of Lexar Media, Inc. Lexar
Media Inc. is an authorized licensee of the CompactFlash trademark. All other brand or product
names are trademarks or registered trademarks of their respective holders.

CONTACT: Lexar Media, Fremont
Micael Wong, 510/413-1242 (Corp. Communications Manager)
mikew@lexarmedia.com
Carlton Osborne, 510/413-1220 (General Counsel)
carlton@lexarmedia.com
www.digitalfilm.com



To: Zeev Hed who wrote (10105)4/4/2000 2:28:00 PM
From: Starlight  Read Replies (1) | Respond to of 60323
 
Zeev - How do you feel about money coming INTO the market for 401k's versus money going OUT to pay taxes? Will the inflow surpass the outflow?

Betty