LOS GATOS, Calif., Nov. 11 – LAWFUEL – The Law News Network – Monolithic Power
Systems, Inc. (MPS) (Nasdaq: MPWR), a leading fabless manufacturer of
high-performance analog and mixed-signal semiconductors, today announced that
judgment has been entered in its case with O2 Micro International, Ltd.
(Nasdaq: OIIM) in the United States District Court for the Northern District
of California. The court entered judgment that MPS does not infringe O2
Micro’s ‘615 patent, confirming a prior summary judgment in favor of MPS. In
an opinion, the judge set aside the $12 million jury verdict rendered
July 18, 2005 on O2 Micro’s trade secret claims, and instead awarded O2 Micro
$2.7 million, comprised of a royalty of $900,000 plus exemplary damages of
$1.8 million, plus costs. The judge also denied O2 Micro’s requests for an
injunction and attorneys’ fees and ruled that MPS did not act improperly in
obtaining its patents. MPS is reviewing the judge’s opinion and considering
its options, including post-trial motions and appeal.
About Monolithic Power Systems, Inc.
Monolithic Power Systems, Inc. (MPS) develops and markets proprietary,
advanced analog and mixed-signal semiconductors. The company’s advanced
process technology and highly experienced analog designers provide
high-performance power management integrated circuits (ICs) for automotive,
industrial, consumer, computing, and communications products. MPS partners
with world-class foundries to deliver high-quality, cost-effective solutions
to meet the demanding standards set by its customers. Founded in 1997 and
headquartered in Los Gatos, California, the company has expanded its global
presence with sales offices in Taiwan, China, Korea, and Japan, which operate
under MPS International, Ltd.
NOTE: Monolithic Power Systems, MPS and the MPS logo are among the
trademarks of Monolithic Power Systems, Inc. in the U.S. and certain other
countries.
