Cypress Intends to Vigorously Defend Patent Lawsuit Filed by Avago Technologies | Cypress Semiconductor
Cypress Intends to Vigorously Defend Patent Lawsuit Filed by Avago Technologies
Cypress Will Show that Its Superior Tracking Technology Used in Mobile Devices
Is Fundamentally Different than Avago’s
Cypress will show at trial that its technology is fundamentally different than the technology covered in Avago’s patents. In fact, Cypress’s solution is based on an entirely distinct method of tracking. Avago’s patents are based on image correlation techniques where a series of images are taken and compared to detect movement. Cypress instead uses its own, patented OptiCheck™ technology, which the company has invested tens of millions of dollars to develop. OptiCheck is a proprietary, speckle-based two-dimensional comb array technology.
“As we have historically done, we will fight this lawsuit with all of our resources,” said T.J. Rodgers, President and CEO of Cypress. “It’s clear that this is a desperate attempt by Avago to intimidate Cypress, our partners and our customers into abandoning a superior technical solution. That’s not how free markets are intended to work, and we have no intention of allowing that to happen. We look forward to the opportunity to prove our case in court and to ensure that our customers continue to enjoy the benefits of this outstanding technology that we have developed.”
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Statements made in this release that are not historical in nature and that refer to Cypress or its subsidiaries’ plans and expectations for the future are forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995, and relate to, among other things, what we will show at trial in this matter. Our actual results may differ materially due a variety of factors, including but not limited to the risks identified in our filings with the Securities and Exchange Commission and whether or not we can prevail at trial in this matter.. All forward-looking statements included in this release are based upon information available to Cypress as of the date of this release, which may change, and we assume no obligation to update any such forward-looking statement. We use words such as “anticipates,” “believes,” “expects,” “future,” “look forward,” “planning,” “intends” and similar expressions to identify such forward-looking statements.