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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: Don Green who wrote (71876)5/4/2001 3:13:41 PM
From: milo_morai  Respond to of 93625
 
Rambus Inc. to Appeal Ruling in Infineon Infringement Case

Trial Continues on JEDEC Issues

Los Altos, CA - May 4, 2001 - Rambus Inc. said that it plans to appeal today's ruling by the U.S. District Court for the Eastern District of Virginia granting a motion of Infineon Technologies AG to dismiss the remaining three claims of patent infringement brought by Rambus against Infineon. The claims are part of a suit filed by Rambus over use of its patents in SDRAMs and DDR SDRAMs manufactured and sold by Infineon in the United States.

"We are disappointed with the Court's decision and plan to appeal the ruling," said Geoff Tate, CEO of Rambus. "If today's decision is allowed to stand, all companies that innovate risk having their intellectual property rights unjustly expropriated."

"Rambus will continue to fight to protect our intellectual property. It is our right, and indeed our obligation to our shareholders, to take all appropriate measures to protect our patented innovations. Though Rambus is a relatively small company, we will not be cowed by the aggressive tactics of some industry giants who would take our innovations without any compensation," continued Mr. Tate.

While the Virginia case against Infineon involves only four Rambus U.S. patents, there are a dozen U.S. and European patents involved in other infringement cases pending against Infineon, Hyundai and Micron. Rambus intends to pursue all these cases vigorously, including a trial against Infineon in Germany currently scheduled for May 18. In addition, Rambus holds newly issued U.S. and European patents covering Rambus inventions used by SDRAMs and DDR SDRAMs that have not yet been asserted in any litigation and are not impacted by the Court's decision.

About Rambus Inc.
Rambus Inc. [Nasdaq: RMBS] is an intellectual property company that designs, develops and licenses high-bandwidth chip-connection technologies which enable semiconductor memory devices to keep pace with faster generations of processors and controllers. To date, these efforts have resulted in more than 100 U.S. and foreign patents issued to Rambus. Rambus has licensed its technology to approximately 30 semiconductor companies for the development, manufacture and sale of Rambus-compatible ICs. Providers of Rambus-based integrated circuits include the world's leading DRAM, ASIC, controller and microprocessor manufacturers.

Contacts:
Kristine Wiseman
Rambus Public Relations
(650) 947-5319
pr@rambus.com

Susan Berry
Rambus Investor Relations
(650) 947-5050
ir@rambus.com

rambus.com



To: Don Green who wrote (71876)5/4/2001 3:14:42 PM
From: Dave B  Read Replies (2) | Respond to of 93625
 
I doubt the stock will trade before the market closes.

What will happen with the Infineon charges? Are they moot?