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

To: Tom Gebing who wrote (3584)	8/11/1998 11:42:00 AM
From: loafer	Respond to of 60323

From Yahoo: Judge Denies Lexar Motion to Dismiss Patent Infringement Lawsuit Filed by SanDisk SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 11, 1998--SanDisk Corp. (NASDAQ:SNDK - news) announced today that a United States District Court Judge for the Northern District of California in San Francisco has denied a Lexar Media Inc. motion to dismiss SanDisk's patent infringement complaint. The action was filed against Lexar on March 23, 1998. Lexar's motion requested sanctions against SanDisk and dismissal of the complaint for SanDisk's alleged failure to perform an adequate prefiling investigation prior to filing its infringement action against Lexar. In denying the motion, the court found that SanDisk had in fact performed an adequate investigation and that SanDisk could proceed with its infringement action involving Lexar CompactFlash(TM) memory cards. SanDisk has charged that Lexar, Fremont, Calif., is using SanDisk's patented innovations in an attempt to unfairly appropriate some of SanDisk's business. SanDisk Corp., the world's largest supplier of flash data storage products, designs, manufactures and markets industry-standard, solid-state data, digital imaging and audio storage products using its patented, high density flash memory and controller technology. SanDisk is based in Sunnyvale, Calif. The matters discussed in this news release contain forward looking statements that are subject to certain risks and uncertainties as described under the caption ''Risk Factors'' in the company's annual report on Form 10-K and quarterly reports on Form 10-Q, filed with the Securities and Exchange Commission. The company assumes no obligation to update the information in this release. Note to Editors: CompactFlash and CF are trademarks of SanDisk Corp. SanDisk's Web site/home page address: sandisk.com. Contact: SanDisk Corp. Bob Goligoski, 408/542-0463 bgoligoski@sandisk.com