Customs Reconsiders MStar Semiconductor's TSU Infringement.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif. -- Genesis(R) Microchip Inc. (Nasdaq:GNSS (Global Navigation Satellite System) The European term for a global satellite-based radio navigation system. See Galileo. ), a world leader in the development of image processing image processing Set of computational techniques for analyzing, enhancing, compressing, and reconstructing images. Its main components are importing, in which an image is captured through scanning or digital photography; analysis and manipulation of the image, accomplished technologies for flat-panel monitors, TVs and other consumer display products, announced that on July 24, 2005, the Company received a letter from U.S. Customs and Border Protection U.S. Customs and Border Protection (CBP), a bureau of the United States Department of Homeland Security, is charged with regulating and facilitating international trade, collecting import duties, and enforcing U.S. trade laws. , in which Customs reversed its previous June 3, 2005 determination that MStar Semiconductor's TSU Tsu (ts  ), city (1990 pop. 157,177), capital of Mie prefecture, S Honshu, Japan, on Ise Bay. It is a commercial and manufacturing center, with glass, machine, and food-processing factories. , otherwise known as Tsunami, display controllers infringe Genesis Microchip's U.S. Patent 5,739,867. U.S. Customs' latest letter states that it does not have enough evidence to find that the TSU product infringes Genesis Microchip's patent. "The legal process of exclusion order enforcement can be lengthy, and we are committed to seeing it through. Genesis is continuing to cooperate with U.S. Customs to provide evidence and clarify the complex technical terminology Technical terminology is the specialized vocabulary of a field. These terms have specific definitions within the field, which is not necessarily the same as their meaning in common use. in dispute," said Anders Frisk Anders Frisk (born 18 February 1963 in Gothenburg, Sweden) is an insurance agent by trade and a former football referee. Frisk was forced to early retirement from refereeing amid pressure due to death threats made against him and his family. , executive vice president of Genesis Microchip. "The International Trade Commission's exclusion order that determined MStar's display controllers infringe Genesis Microchip's '867 patent remains in force and has not been changed." As discussed on the Company's Q1 earnings announcement on July 21, 2005, any potential impact of U.S. Custom's decision regarding the TSU infringement is not expected until the quarter ended December 31, 2005. Legal Notice Regarding Forward-Looking Statements This release contains forward-looking statements within the meaning of the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the federal securities laws, including, without limitation, statements by Anders Frisk, and statements regarding the Company's anticipated revenues for the quarter ended September 30, 2005. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. The risks and uncertainties include the unpredictability of intellectual property disputes, related litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. and exclusion order enforcement efforts, and other risk factors set forth in the company's SEC reports, including but not limited to its annual report on Form 10-K/A for the fiscal year ended March 31, 2005. Genesis Microchip assumes no obligation to update the forward-looking statements included in this release. About Genesis Microchip Genesis Microchip Inc. (Nasdaq:GNSS) is a leading provider of image processing systems enabling superior picture quality in flat-panel TVs and a variety of consumer and PC-display products. Featuring Genesis Display Perfection(R) technologies and Emmy award-winning Faroudja(R) video technologies, Genesis system-on-a-chip solutions are used worldwide by display manufacturers to produce visibly better images across a broad array of devices including flat-panel displays, digital TVs, projectors and DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. players/recorders. The Genesis technology portfolio features analog and mixed signal system-on-a-chip design, DCDi(R) by Faroudja deinterlacing, TrueLife(TM) video enhancement, IntelliComb(TM) video decoding and includes over 185 patents. Founded in 1987, Genesis supports its leading brand-name customers with offices in the U.S., Canada, India, Taiwan, South Korea, China and Japan. For more information about Genesis Microchip Inc. or Genesis Display Perfection technologies, please visit www.gnss.com. Note to Editors: Genesis, Genesis Display Perfection, Faroudja, DCDi by Faroudja, TrueLife, and IntelliComb are trademarks or registered trademarks of Genesis Microchip Inc. All other trademarks are the property of their respective owners. |
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