Advanced Power Technology Announces Grant of Summary Judgment Dismissing IXYS Corporation's Claims of Patent Infringement Against APT.BEND, Ore. -- Advanced Power Technology, Inc. (Nasdaq:APTI APTI Association for Preservation Technology International APTI Air Pollution Training Institute ), a leading provider of high-performance power semiconductors, today announced that the United States District Court United States District Court In the U.S., any of the 94 trial courts of general jurisdiction in the federal judicial system. Each state, as well as the District of Columbia and the Commonwealth of Puerto Rico, has at least one federal district court. of the Northern District of California has granted summary judgment in favor of APT, dismissing IXYS Corporation's claims of patent infringement against APT. The Court held that IXYS' United States Patent Nos. 5,486,715 and 5,801,419 are not infringed by APT's power MOSFET products, and further held that "IXYS's patents are invalid because obvious." Key prior art cited by the Court was APT's own dual metal power MOSFETs and IGBTs dating from the early 1990s. APT's patent infringement claims against IXYS under APT's United States Patent Nos. 5,283,202 and 5,262,336 remain pending and are scheduled for trial in January 2005. "We understandably are very pleased with the Court's decision," stated Patrick Sireta, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of APT. APT is represented by Marger Johnson & McCollom PC of Portland, Oregon and Orrick, Herrington & Sutcliffe LLP LLP - Lower Layer Protocol of Menlo Park, California Menlo Park is a city in San Mateo County, California in the United States of America. It is located at latitude 37°29' North, longitude 122°9' East. Menlo Park had 30,785 inhabitants as of the 2000 U.S. Census. . A copy of the Court's decision is posted at www.advancedpower.com/PressRoom/CompanyNews Safe Harbor Statement Except for historical information contained herein, the matters discussed in this news release are forward-looking statements made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. APT cautions that such statements are subject to a number of uncertainties, and actual results may differ materially. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in APT's 2003 Annual Report on Form 10K filed on March 10, 2004. APT assumes no obligation to update the information in this release. |
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