Spansion and Macronix International Co. Ltd Announce Resolution of Lawsuit | Cypress Semiconductor
Spansion and Macronix International Co. Ltd Announce Resolution of Lawsuit
SUNNYVALE, Calif., March 9, 2007 -- Spansion Inc. (Nasdaq: SPSN), the world's largest pure-play provider of Flash memory solutions, and Macronix International Co. Ltd. (Nasdaq: MXICY), the world's largest provider of ROM memory solutions and a leading provider of innovative Non-Volatile Memory (NVM) solutions, today announced the resolution of litigation between the parties commenced by Spansion LLC, a subsidiary of Spansion Inc., against Macronix last year involving claims of false advertising, trademark dilution and copyright violations. The parties have agreed to settle the dispute on undisclosed terms and Spansion has dismissed the litigation with prejudice.
"We are pleased to have reached a resolution of the litigation with Macronix regarding the intellectual property rights of Spansion in the MirrorBit(R) brand," said Robert Melendres, executive vice president and chief legal officer for Spansion.
"Macronix has invested tremendously in its own trademarked products in the Flash marketplace, and it's Macronix consistent position to respect the trademarks of other companies in the industry," said Billie Chen, director of Intellectual Property & Legal Office of Macronix.
Spansion is a leading Flash memory solutions provider, dedicated to enabling, storing and protecting digital content in wireless, automotive, networking and consumer electronics applications. Spansion, previously a joint venture of AMD and Fujitsu, is the largest company in the world dedicated exclusively to designing, developing, manufacturing, marketing and selling Flash memory solutions. For more information, visit www.spansion.com.
Founded in 1989, Macronix International Co., Ltd. (TSEC : 2337, Nasdaq: MXICY) is a leading provider of innovative Non-Volatile Memory (NVM) solutions. Macronix is the largest worldwide manufacturer of ROM products, and also provide wide range of NOR Flash products across various densities for system embedded, consumer, and enterprise applications. For more information about Macronix, please visit http://www.macronix.com.
NOTE: Spansion(R), the Spansion Logo(R), MirrorBit(R), ORNAND(TM), HD- SIM(TM) and combinations thereof, are trademarks of Spansion LLC. Spansion, the Spansion Logo and MirrorBit are registered in the US and other countries. Other names used are for informational purposes only and may be trademarks of their respective owners.
The MX Logo(R), the MXIC Logo(R), the Macronix MX Logo(R), the Macronix MXIC Logo(R), NBit(R), Macronix NBit(R), Integrated Solutions Provider(R), and the other trademarks are registered by Macronix in the US and/or other countries. Other names and/or brands used are for informational purposes only and may be claimed as the property of their respective owners.