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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: sam who wrote (105268)	7/5/2000 5:36:44 PM
From: Paul Engel	Read Replies (2) \| Respond to of 186894

Sam & Intel Investors - Great Find - Here's the Press Release !! "Via will pay Intel a lump sum along with ongoing royalty fees. " I wonder if Drew Pecker accounted for Intel making Money on Every x86 Chip Set that VIA produces !!!!! Intel will be raking in PROFITS on VIA chip Sets that VIA makes - with ZERO MANUFACTURING COSTS FOR INTEL !! Paul {===============================} biz.yahoo.com Wednesday July 5, 5:00 pm Eastern Time Company Press Release Intel and Via Reach Settlement in Patent and Contract Litigation SANTA CLARA, Calif.--(BUSINESS WIRE)--July 5, 2000--Intel Corporation and Via Technologies, Inc. today jointly announced that the companies have reached settlement of pending litigation related to a cross license between the two companies. The dispute arose out of a 1998 license agreement between the two companies. The settlement will result in the dismissal of patent infringement suits filed in the High Court of Justice in the United Kingdom, the High Court of the Republic of Singapore and before the U.S. International Trade Commission. Additionally, a suit on this matter pending in U.S. District Court in San Francisco will be amended to eliminate breach of contract claims and patent claims for chipsets that support Intel microprocessors. Under terms of the settlement, Via will pay Intel a lump sum along with ongoing royalty fees. In addition, Intel has agreed to modify the 1998 license agreement in order to reflect current market and business conditions. Under the modified agreement, Via is licensed under Intel patents to produce certain P5 and P6 chipsets. The remaining terms of the settlement are confidential. This settlement does not affect the litigation pending in U.S. District Court in San Francisco currently related to chipsets that do not support Intel processors. Note to Editors: Third party marks and brands are property of their respective holders. -------------------------------------------------------------------------------- Contact: Intel Corporation Chuck Mulloy, 408/765-3484 (Press Relations) chuck.mulloy@intel.com or Via Technologies, Inc. Timothy Chen, 510/908-9697 timothy_Chen@via.com.tw Richard Brown, 886-2-2218-5453 ext. 6201 richard_brown@via.com.tw