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Court Enters Judgment That Monolithic Power Systems does not infringe O2 Micro Patent, Sets Aside $12 Million Jury Verdict, Awards $2.7 Million Plus Cost
LOS GATOS, Calif. – November 11, 2005 – Monolithic Power Systems, Inc. (MPS) (Nasdaq: MPWR), a leading fabless manufacturer of high-performance analog and mixed-signal semiconductors, today announced that judgment has been entered in its case with O2 Micro International, Ltd. (Nasdaq: OIIM) in the United States District Court for the Northern District of California. The court entered judgment that MPS does not infringe O2 Micro's '615 patent, confirming a prior summary judgment in favor of MPS. In an opinion, the judge set aside the $12 million jury verdict rendered July 18, 2005 on O2 Micro's trade secret claims, and instead awarded O2 Micro $2.7 million, comprised of a royalty of $900,000 plus exemplary damages of $1.8 million, plus costs. The judge also denied O2 Micro's requests for an injunction and attorneys’ fees and ruled that MPS did not act improperly in obtaining its patents. MPS is reviewing the judge's opinion and considering its options, including post-trial motions and appeal. About Monolithic Power Systems
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