OTTAWA, Ontario - August 9, 2011 - MOSAID Technologies Inc. (TSX:MSD) today announced that on August 5, 2011, ARM, Ltd. and ARM, Inc. ("ARM") filed a Complaint for Declaratory Judgment against MOSAID in the United States District Court for the Northern District of California, San Jose Division.
MOSAID notes that on April 7, 2011, it had filed suit against NVIDIA Corporation, Freescale Semiconductor, Inc. and Interphase Corporation in the United States District Court for the Eastern District of Texas, Tyler Division, asserting infringement of seven U.S. patents related primarily to power management techniques and microprocessor architecture.
ARM, in its complaint, is seeking a declaration of non-infringement and invalidity with respect to the same seven U.S. patents at issue in MOSAID's suit against NVIDIA, Freescale and Interphase. MOSAID will continue to vigorously defend its intellectual property rights, and will file a response to ARM's complaint in due course.
MOSAID Technologies Inc. is one of the world's leading intellectual property companies. MOSAID licenses patented intellectual property in the areas of semiconductors and communications systems, and develops semiconductor memory technology. MOSAID counts many of the world's largest technology companies among its licensees. Founded in 1975, MOSAID has offices in Ottawa, Ontario and Plano, Texas. For more information, please visit www.mosaid.com and http://investorchannel.mosaid.com