Formfactor Inc : Korea Supreme Court Affirms Patent Court Decision Invalidating Some Claims of Two FormFactor Korea Patents
09/06/2007| 08:30am US/Eastern
FormFactor, Inc. (Nasdaq:FORM) announced the Korea Supreme Court issued
a ruling affirming a 2005 Korea Patent Court decision invalidating
certain claims of FormFactor's Korea Patent
Nos. 278342 and 399210. The Korea Supreme Court ruling does not address
27 claims of Patent No. 278342 and 77 claims of Patent No. 399210 that
were upheld by the Korean Intellectual Property Office and outside of
the scope of the Patent Court decision. Following normal practice, the
bases for the rulings were not given and written opinions explaining the
rulings would typically be expected in one to three weeks.
"We will continue to protect our intellectual property rights against
unauthorized use and defend our rights in Korea,?
said Stuart Merkadeau, FormFactor's senior
vice president, general counsel. "Once we receive the Supreme Court's
written decision on our Korea Patent Nos. 278342 and 399210, we will
evaluate the potential impact on our ongoing Korea infringement
proceedings against Phicom Corporation. The Korean litigations are only
one part of a comprehensive litigation strategy in multiple
jurisdictions involving multiple patents.?
The Korea Supreme Court has yet to rule on two other appeals addressing
FormFactor Korea patents. One of the patents, FormFactor's
Korea Patent No. 252457, has been upheld by both the Korean Intellectual
Property Office and the appellate Patent Court.
?Semiconductor manufacturers rely on FormFactor's
innovation and technology to deliver wafer test products that reduce
their overall cost of test, increase yield, and meet their technical
roadmaps,? added Igor Khandros, chief
executive officer of FormFactor. ?We continue
to work with customers in Korea and throughout the world to deliver
mission critical products and believe the Korea Supreme Court ruling
will have no current business impact.?
In addition to FormFactor's commitment to
innovation and its intellectual property and proprietary technologies,
the Company's advanced manufacturing, which
leads the industry in its capability-level and capacity, makes
FormFactor a key supplier to the semiconductor industry worldwide.
Founded in 1993, FormFactor, Inc. (Nasdaq: FORM) is the leader in
advanced wafer probe cards, which are used by semiconductor
manufacturers to electrically test ICs. The company's
wafer sort, burn-in and device performance testing products move IC
testing upstream from post-packaging to the wafer level, enabling
semiconductor manufacturers to lower their overall production costs,
improve yields, and bring next-generation devices to market. FormFactor
is headquartered in Livermore, California with operations in Europe,
Asia and North America. For more information, visit the company's
web site at www.formfactor.com.
FormFactor is a registered trademark of FormFactor, Inc. All other
product, trademark, company or service names mentioned herein are the
property of their respective owners.
Statements in this press release that are not strictly historical in
nature are forward-looking statements within the meaning of the federal
securities laws, including statements regarding demand for our products,
and future business and growth. These forward-looking statements are
based on current information and expectations that are inherently
subject to change and involve a number of risks and uncertainties.
Actual events or results might differ materially from those in any
forward-looking statement due to various factors, including, but not
limited to, the company's ability to defend
its intellectual property rights in Korea and elsewhere in the world, to
develop customized products that meet its customers'
ever-evolving test requirements and to continue to timely manufacture
and deliver the next generation of testing technology to help enable
semiconductor manufacturers to lower their test costs. Additional
information concerning factors that could cause actual events or results
to differ materially and adversely from those in any forward-looking
statement is contained in the company's
filings with the Securities and Exchange Commission, including the
company's Form 10-K for the fiscal period
ended December 30, 2006 and subsequent Form 10-Q and 8-K filings. Copies
of the company's SEC filings are available at http://investors.formfactor.com/edgar.cfm.
The company assumes no obligation to update the information in this
press release, to revise any forward-looking statements or to update the
reasons actual results could differ materially and adversely from those
anticipated in forward-looking statements.
Ron C. Foster, 925-290-4024
Brooke Deterline or Annie Leschin, 925-290-4949
© Business Wire 2007