SANTA CLARA, Calif., April 21, 2011 – After reexaminations and continued rejections of claims of certain Netlist patents by the U.S. Patent and Trademark Office, Inphi Corporation (NYSE: IPHI) today announced that Inphi and Netlist jointly filed, and the U.S. District Court has accepted, a stipulated dismissal of Inphi’s lawsuit against Netlist. The lawsuit asserted that Netlist was infringing certain Inphi patents related to DDR3 technology and was filed in November 2009 after Netlist had brought a lawsuit alleging that Inphi infringed certain Netlist patents. The stipulated dismissal permits re-filing of this lawsuit by Inphi at a later time and will currently allow Inphi to conserve legal expenses. As mentioned earlier, this action comes after reexaminations and continued rejections of claims of certain Netlist patents by the U.S. Patent and Trademark Office, and a continuance until 2012 of the stay of the Netlist lawsuit against Inphi.
Inphi Corporation is a leading provider of high-speed analog semiconductor solutions for the communications and computing markets, providing high signal integrity at leading-edge data speeds that are designed to address bandwidth bottlenecks in networks, minimize latency in computing environments and enable the rollout of next generation communications infrastructure. Inphi’s solutions provide a vital interface between analog signals and digital information in high-performance systems, such as telecommunications transport systems, enterprise networking equipment, enterprise and data center servers, storage platforms, test and measurement equipment and military systems. To learn more about Inphi, visit www.inphi.com.
Cautionary Note Concerning Forward-Looking Statements
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This release may include predictions, estimates and other information that might be considered forward-looking statements, including statements relating to expectations of future cost savings and future filings in connection with the lawsuits. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. For a discussion of these and other related risks, please refer to Inphi Corporation’s recent SEC filings, including the Inphi Corporation annual report on Form 10-K, which are available on the SEC’s website at www.sec.gov. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date thereof. Inphi Corporation undertakes no obligation to update forward-looking statements for any reason, except as required by law, even as new information becomes available or other events occur in the future.