Court Issues Final Order In Favor of Silicon Image and Holds Genesis In Contempt
2003年12月24日 - 6:05AM
PRニュース・ワイアー (英語)
Court Issues Final Order In Favor of Silicon Image and Holds
Genesis In Contempt SUNNYVALE, Calif., Dec. 23
/PRNewswire-FirstCall/ -- In a continuing line of rulings against
Genesis Microchip, Silicon Image announced today that the Federal
District Court in Richmond, Virginia, has issued a ruling holding
Genesis Microchip in civil contempt for violating the Court's
protective order and ordering Genesis to pay the reasonable
attorneys' fees and costs associated with the motion that resulted
in the ruling. In addition, the Court issued a final judgment order
enforcing the terms of its opinion issued on July 15, 2003, in the
case between Silicon Image and Genesis Microchip, Inc. -- that the
Memorandum of Understanding (MOU) signed by Silicon Image and
Genesis Microchip on December 18, 2002, settled the patent lawsuit
brought by Silicon Image against Genesis. On July 15, 2003, the
Court had ruled that Silicon Image's interpretation of the MOU was
correct and that Genesis must pay Silicon Image the specified
royalties on all its DVI and HDMI products. Dr. David Lee, Silicon
Image's chairman and CEO commented, "We are very pleased that the
Court has once again supported Silicon Image's position on the
interpretation of the MOU and upheld Silicon Image's intellectual
property rights. We hope that we can all finally put this process
to rest, and that both companies can fully direct their focus to
supporting their customers' requirements." About Silicon Image
Headquartered in Sunnyvale, Calif., Silicon Image, Inc. designs,
develops and markets multi-gigabit semiconductor and system
solutions for a variety of communications applications demanding
high-bandwidth capability. With its proprietary Multi-layer Serial
Link (MSL(TM)) architecture, Silicon Image is well positioned for
leadership in multiple mass markets including PCs, consumer
electronics and storage. Currently, Silicon Image leads the global
PC/display arena with its innovative digital interconnect
technology, and is now emerging as a leading player in the consumer
electronics and storage markets by offering robust, high bandwidth
storage semiconductors and systems. For more information on Silicon
Image, visit http://www.siliconimage.com/. This news release
contains forward-looking information within the meaning of federal
securities regulations. These forward-looking statements include
future events in the litigation. These forward-looking statements
involve risks and uncertainties, including those described from
time to time in Silicon Image's filings with the Securities and
Exchange Commission (SEC), that could cause the actual results to
differ materially from those anticipated by these forward-looking
statements. In particular, litigation involves risks and
uncertainties of duration, cost and outcome. Also see "Management's
Discussion and Analysis of Financial Condition and Results of
Operations-Factors Affecting Future Results" in the most recent
Annual Report, Form 10-K or 10-Q filed by Silicon Image with the
SEC. Silicon Image assumes no obligation to update this
forward-looking information. NOTE: Silicon Image, MSL and
http://www.siliconimage.com/ are trademarks, registered trademarks
or service marks of Silicon Image, Inc in the United States and
other countries. All others are the property of their respective
owners. DATASOURCE: Silicon Image, Inc. CONTACT: Bob Gargus, Chief
Financial Officer, Vice President, Finance and Administration, of
Silicon Image, Inc., +1-408-616-4114, or fax, +1-408-830-9531 Web
site: http://www.siliconimage.com/
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