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Technology Stocks : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?

To: mr.mark who wrote (11559)	6/8/1998 7:07:00 PM
From: Market Tracker	Respond to of 13925

Creative Settles Suit Against Cyrix. Monday June 8, 4:08 pm Eastern Time Company Press Release SOURCE: Creative Technology Ltd. MILPITAS, Calif., June 8 /PRNewswire/ -- Creative Technology Ltd. (Nasdaq: CREAF - news), the world's leading provider of multimedia technology for the personal computer, today announced the successful resolution of it's year-long intellectual property litigation against Cyrix Corporation, a wholly-owned subsidiary of National Semiconductor Corporation [NYSE:NSM - news]. The terms of the settlement agreement, which are otherwise confidential, included a stipulated permanent injunction prohibiting Cyrix from the use or distribution of Creative's software drivers; from claims that Cyrix's XpressAUDIO feature is Sound Blaster(R) compatible unless it supports without material error all software written for the Sound Blaster interface; and from displaying Creative's ''Sound Blaster'' and other trademarks which occur when using the Sound Blaster audio driver supplied with Microsoft's Windows operating systems. ''We are very pleased to conclude this litigation with a clear victory -- a permanent injunction that achieves all of our objectives,'' said John Danforth, vice president and general counsel of Creative Labs, Inc., the wholly owned US subsidiary of Creative. ''Creative has made considerable investments in its audio drivers, its other audio software and its trademarks. As this case shows, our intellectual property has considerable value. It strongly differentiates Creative from others in our industry. We will -- as this protracted and hard-fought case makes clear -- be persistent in our efforts to protect that intellectual property.'' Creative Technology Ltd. is the world's leading provider of advanced multimedia solutions for personal computers, including sound, graphics, communications and video conferencing products. The company's Sound Blaster(R) technology has been accepted as the worldwide standard sound platform for PCs, and the company's global distribution network is among the most extensive in the multimedia industry. Creative is focused on enhancing the overall user experience by providing powerful, enabling, high-value technology for the mass market. NOTE: Sound Blaster and Blaster are registered trademarks and Creative Inspire is a trademark of Creative Technology Ltd. All other products mentioned herein are trademarks of their respective owners and are hereby recognized as such. SOURCE: Creative Technology Ltd. ------------------------------------------