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San Jose, California – December 24, 2007 – Fairchild Semiconductor said
it is evaluating its options following the dismissal of its patent
infringement lawsuit against Power Integrations. The court overseeing the
matter said the current case could not continue because of legal standing
issues relating to license arrangements between Fairchild and Intersil
Americas, which owns the patent. Both Intersil and Fairchild are parties to
the lawsuit. The judge in the case explicitly left open the possibility for
the standing issues to be addressed and the suit reinstituted. The underlying
merits of Intersil and Fairchild's patent infringement case against Power
Integrations were not addressed in the judge's ruling. This case is separate
from Power Integrations’ lawsuit against Fairchild, which is continuing in the
same court.
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To learn more contact:
Editorial contact:
Fairchild Semiconductor
Claudia Innes
Corporate Marketing
(800) 341-0392 X 8749
Fax: (207) 761-3232
Email:
claudia.innes@fairchildsemi.com
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About Fairchild Semiconductor:
Fairchild Semiconductor (NYSE: FCS) is the leading global supplier of
high-performance power products critical to today’s leading electronic
applications in the computing, communications, consumer, industrial and
automotive segments. Fairchild, The Power Franchise®, offers the industry’s
broadest portfolio of power discrete and analog products that optimize system
power as well as leading signal path components that complement them. In 2007,
Fairchild celebrates its “50/10” anniversary, commemorating 10 years as a new
company and 50 years in the industry. Known as the “Father of Silicon Valley,”
Fairchild developed the planar transistor in 1958 – and with it a new
industry. Today, Fairchild is an application-driven, solution-based product
supplier providing online design tools and design centers worldwide as part of
its comprehensive Global Power Resource™. Please contact us on the web at
www.fairchildsemi.com.
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Special Note on Forward-Looking Statements
Some of the paragraphs above contain forward-looking statements that are based
on management's assumptions and expectations and that involve risk and
uncertainty. All statements in this release, other than statements or
characterizations of historical fact, are forward-looking statements.
Forward-looking statements usually, but do not always, contain forward-looking
terminology such as "we believe," "we expect," or "we anticipate," or refer to
management's expectations about Fairchild's future performance. Many factors
could cause actual results to differ materially from those expressed in
forward-looking statements. Important factors that may cause such a difference
for Fairchild Semiconductor in connection with the company's litigation with
Power Integrations include, but are not limited to, the company's ability
and/or willingness to address standing issues in the case, and to prevail in
doing so, the company's ability to prevail in the litigation in general, and
the risks associated with litigation in general, including the costs and time
that must be devoted to litigation, the potential diversion of attention of
management and key employees that may result from being engaged in litigation,
and the possibility of adverse results. Risk factors affecting the company
generally, including those related to intellectual property and litigation,
are discussed in the company's quarterly and annual reports filed with the
Securities and Exchange Commission (SEC) and available at the Investor
Relations section of Fairchild Semiconductor's web site at
investor.fairchildsemi.com or the SEC's web site at
www.sec.gov.
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