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

To: ArnieC who wrote (12096)	8/21/1998 12:06:00 AM
From: burn2learn	Read Replies (2) \| Respond to of 13925

anand sb live anandtech.com also aurl lawsuit update Calif., Aug. 20 /PRNewswire/ -- Aureal Semiconductor Inc. (OTC Bulletin Board: AURL) today announced updated information regarding the litigation between itself and Creative Technology Ltd., a Singapore corporation ("Creative") and its subsidiary, E-MU Systems, Inc., a California corporation ("E-MU"). Initially, Creative and E-MU filed suit in February alleging that Aureal's Vortex AU8820 Digital Audio Processor infringes upon a patent which describes a specific implementation for an electronic musical instrument designed by E-MU. Recently, Aureal filed a motion for summary judgment of the Creative/E-MU suit which is scheduled to be heard by the court on September 18, 1998. In response to this action, Creative/E-MU has filed a motion for a preliminary injunction with respect to the Vortex AU8820 chip and Aureal's new Vortex 2 AU8830 chip. Aureal continues to believe this suit is without merit and intended to slow down Aureal's mission of bringing innovative audio technology to the marketplace. Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Investors are cautioned that such forward-looking statements involve risk and uncertainties, including, but not limited to, dependence on the PC and consumer electronics industries and on product lines based on new technologies; foundry capacity, availability and reliability; competition and pricing pressures, and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission. mike