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


To: Sully- who wrote (73668)5/25/2001 5:32:50 PM
From: richard surckla  Read Replies (1) | Respond to of 93625
 
So it's not over... It will continue in Milan as wstera 02 has reported...

Friday May 25, 4:55 pm Eastern Time

Press Release

Rambus Patent Infringement Case Against Micron
Technology Continues in Italy

Monza Court Judge Declines to Grant Preliminary Injunction

LOS ALTOS, Calif.--(BUSINESS WIRE)--May 25, 2001--Rambus Inc. (Nasdaq:RMBS
- news) today announced that its patent infringement case against Micron Technology will
continue in the District Court of Milan following the conclusion of preliminary proceedings in
Monza.

The Monza Court judge, overruling the findings of the court-appointed, independent experts,
declined to grant Rambus a preliminary injunction. The court-appointed experts confirmed
the validity of the Rambus patent in suit and determined that Micron's SDRAM products
infringe the Rambus patent.

Dr. Paolo Stucovitz and Dr. Giorgio Crovini, both members of the Roll of the Intellectual
Property Attorneys and degreed engineers, were appointed as the technical experts by the
Monza Court. Their technical examinations lasted over five months encompassing all
pertinent prior art information and potential infringement of the Rambus patent by the Micron
SDRAM products. Their exhaustive report concludes that Micron's SDRAM memory
devices fall within the scope of the Rambus patent.

``We are disappointed with the Monza judge's decision to overrule the conclusions of the
expert report,'' said Geoff Tate, CEO of Rambus, ``but we look forward to receiving a full
hearing on our infringement case against Micron in Milan. Rambus is committed to protecting
its intellectual property, and it is our right, as well as our obligation to our shareholders to
take all the appropriate measures to protect our patented innovations.''

``Though we are in litigation to protect our inventions, we at Rambus are extremely proud of
the business that we have built since our founding in 1990,'' stated Geoff Tate. ``Over a
decade ago, Rambus solved a difficult challenge to bring computer memory speed in line
with advances in microprocessor technology. We are very pleased with the success and
growth of the core Rambus RDRAM business. Together with our partners, we will innovate
and deliver high bandwidth Rambus system solutions that meet the increasing performance
requirements of our customers.''

About Rambus Inc.

Rambus Inc. (Nasdaq:RMBS - news) designs, develops and licenses high bandwidth chip-connection technology and provides
the comprehensive engineering support necessary for a complete system solution. Rambus' technology and intellectual property
are licensed to leading semiconductor suppliers including DRAM, controller and microprocessor manufacturers, ASIC
developers, and foundries for use in computer, consumer and networking systems such as personal computers, workstations,
servers, game consoles, set top boxes, digital HDTVs, high-speed switches and routers.

Contact:

Rambus
Kristine Wiseman, 650/947-5319 (Public Relations)
pr@rambus.com
Susan Berry, 650/947-5050 (Investor Relations)
ir@rambus.com

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Related News Categories: computer hardware, computers, semiconductors, software



To: Sully- who wrote (73668)5/25/2001 5:56:30 PM
From: Sully-  Read Replies (1) | Respond to of 93625
 
A fairly adamant POV from the G&K thread......

From: ardethan Friday, May 25, 2001 5:47 PM

Just to call out the differences for those who are interested, but haven't followed the story closely.
This is the most recent in a long, long line of lies by Jack Robertson. I don't mean misstatements, or deceptions. Lies.

Jack said:
-The technical panel just upheld the "validity" of RMBS' patents.
-The court overruled them, and dismissed the case.

In fact:
-The technical panel didn't just upheld the validity, they also found that Micron clearly infringed.
-The judge declined to issue a preliminary injunction against Micron (presumably to stop them from making/selling SDRAM in Italy), and instead booted the case up to a higher court.

I can't speak for Italian law, but I know that in U.S. law, declining to issue an injunction is by no means a finding that the defendant is right. E.g. in U.S. law I believe you look at four factors, including the likelihood that plaintiff will prevail on the merits, and the harm done to the plaintiff in the interim by not enjoining.

In this case, it doesn't really harm RMBS if the judge doesn't enjoin and they end up prevailing, and it could substantially harm Micron if he does enjoin, and they end up prevailing. In RMBS' case, they'd get back-payments anyway. In Micron's case, their manufacturing / marketing operations could be severely disrupted.

Again, I don't know Italian law at all, but refusing to offer an injunction can be the right move, even if the defendant is unlikely to prevail on the merits.
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To: Sully- who wrote (73668)5/26/2001 7:33:01 AM
From: Rich1  Respond to of 93625
 
This is very good news for Rambus...IMHO...