Jury Finds Rambus Liable for Fraud in Infineon Counter Claims; All Patent Infringement Claims Against Infineon Dismissed.Business Editors RICHMOND, Va.--(BUSINESS WIRE)--May 10, 2001 Infineon Technologies (FSE FSE 1. feline spongiform encephalopathy. 2. focal symmetrical encephalomalacia. :IFX) (NYSE NYSE See: New York Stock Exchange :IFX) today announced that the jury in the Eastern District of Virginia found Rambus liable for fraud and awarded Infineon US$3.5 million (Euro 4 million) punitive damages. Infineon filed counter claims in response to the lawsuit Rambus filed against the company in August 2000. The counterclaims alleged that Rambus subverted the open standards process rules governing the Memory Standards Committee of the Joint Electronic Device Engineering Council See JEDEC. (JEDEC The division of the Electronic Industries Alliance (EIA) that deals with semiconductor standards (officially, the JEDEC Solid State Technology Association of EIA). JEDEC was formed in 1958 when the Joint Electron Tube Engineering Council (JETEC) split into two Joint Electron Device ) by not disclosing relevant patents and patent applications. "We attended the JEDEC sessions with the goal of promoting integration and global interoperability of technology," stated Dr. Ulrich Schumacher, 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 Infineon Technologies AG. "The jury's decision reinforces the importance of industry leaders working together in high-tech standards consortia such as JEDEC to develop next generation DRAM technology." This verdict follows last Friday's decision where Judge Robert E. Payne dismissed all of Rambus' patent infringement claims against Infineon. The infringement claims were filed by Rambus over use of its patents in SDRAMs and DDR SDRAMs manufactured and sold by Infineon in the United States. The judge ruled that Infineon did not infringe Rambus' patents. About Infineon Infineon Technologies AG, Munich, Germany, offers semiconductor and system solutions for applications in the wired and wireless communications markets, for security systems and smartcards, for the automotive and industrial sectors, as well as memory products. With a global presence, Infineon operates in the US from San Jose, CA, in the Asia-Pacific region from Singapore and in Japan from Tokyo. In the fiscal year 2000 (ending September), the company achieved sales of Euro 7.28 billion with about 29,000 employees worldwide. Infineon is listed on the DAX index of the Frankfurt Stock Exchange Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. and on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (ticker symbol:IFX). Further information is available at www.infineon.com. |
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