|
|
|
2006 News Releases
"FOR IMMEDIATE RELEASE"
MOSAID Adds Patents to Complaint Against Micron,Powerchip,and ProMOS
Amended Complaint Extends Coverage to Micron's Image Sensor Products
OTTAWA, Ontario - August 31, 2006 - MOSAID Technologies Incorporated (TSX:MSD) today announced
that it has filed an amended complaint asserting two additional patents to its patent infringement claims against
Micron Technology, Inc., Powerchip Semiconductor Corporation and ProMOS Technologies. Filed in the Eastern District
of Texas, Marshall Division, the complaint now alleges infringement of 11 of MOSAID's U.S. patents.
The two additional patents - U.S. Patent Nos. 5,406,523 and 6,236,581 - are being asserted against the Dynamic
Random Access Memory (DRAM) products of all three defendants. In addition, patent 6,236,581 is also being
asserted against Micron's Complementary Metal Oxide Semiconductor (CMOS) image sensor products.
"We believe the addition of these patents strengthens our patent infringement case against all three defendants,"
said George Cwynar, President and Chief Executive Officer, MOSAID. "Furthermore, in relation to Micron, we are
broadening the infringement coverage to a significant line of additional Micron products."
According to Micron's publicly filed documents, CMOS image sensors are the company's second largest and fastest
growing product line. CMOS image sensors are semiconductor devices that capture and process images into pictures or
video for a variety of consumer and industrial applications including mobile hand-held devices and digital cameras.
About MOSAID
MOSAID Technologies Incorporated makes semiconductors better through the development and licensing of intellectual
property and the supply of memory test and analysis systems. MOSAID counts many of the world's largest
semiconductor companies among its customers. Founded in 1975, MOSAID is based in Ottawa, Ontario, with offices
in Santa Clara, California; Newcastle upon Tyne, U.K; and Tokyo, Japan. For more information,
visit www.mosaid.com.
Forward Looking Information
This document and certain other public documents incorporated by reference in this document
contain forward-looking statements to the extent they relate to MOSAID or its management, including those
identified by the expressions "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan",
"will", "would" and similar expressions. These forward-looking statements are not historical facts, but rather
reflect MOSAID's current expectations regarding future events. These forward-looking statements are subject to
a number of risks and uncertainties that could cause actual results, performance or achievements to differ
materially from current expectations. Assumptions made in preparing forward-looking statements and financial
guidance include, but are not limited to, the following: MOSAID's continued expansion of its patent portfolio
and of its opportunities for future patent licensing revenue as a result of MOSAID's acquisition of patents and
development of new inventions; DRAM manufacturers continuing to infringe MOSAID's patents; the timing and amount
of MOSAID's litigation expenses; and MOSAID's ability to sign new licensees.
Factors that could cause actual results to differ materially from expected results include, but
are not limited to, the following: declines or unexpected variations in market growth rates for MOSAID's products;
the extent of embedded DRAM proliferation in the System-on-a-Chip markets ;variability in customer deployment
schedules from quarter to quarter; shifts in the mix of products sold; MOSAID's ability to negotiate settlements
with licensees; unfavourable legal rulings in MOSAID's patent litigations; Foreign currency fluctuations;
non-payment by customers/licensees; failure to obtain valuable patents as a result of research and development
activities, or to acquire valuable patents; loss of key employees; change in MOSAID's financial position;
obsolescence of products or inappropriate targeting to markets that fail to materialize; inability to transition
to new technologies to meet customer demand; variations in average sales cycles; key component supply restrictions
and/or cost increases; and critical industry transitions.
MOSAID assumes no obligation to update or revise any forward-looking statements. Additional
information identifying risks and uncertainties affecting MOSAID's business and other factors that could cause
MOSAID's financial results to fluctuate are contained in MOSAID's Annual Information Form, under the section
entitled "Risk Factors", and in MOSAID's other public filings available online at
www.sedar.com.
For more information, please contact:
Investor Inquiries
Michael Salter
Director, Corporate Communications
613-599-9539 x1205
salter@mosaid.com |
Media Inquiries
Sara Haskill
Communications Specialist
613-599-9539 x1228
haskill@mosaid.com |
-30-
|
