SANTA CLARA, CA, Jan 22, 2010 (MARKETWIRE via COMTEX) -- NVIDIA (NASDAQ: NVDA) today announced that an administrative law judge in the International Trade Commission (ITC) has made an initial determination that two of the five Rambus patents at issue are invalid and unenforceable, in an action that had been brought against NVIDIA.
"We are pleased with the initial determination from the ITC finding two patents invalid but disappointed about its ruling on the other three patents," said David Shannon, NVIDIA executive vice president and general counsel. "All five of the patents continue to be subject to reexamination proceedings in the Patent and Trademark Office, in which the Office has consistently found the asserted claims of all of these patents to be invalid. We will now take the patents before the full commission for a full review of the initial determination announced today."
The ITC litigation stems from a complaint filed in November 2008 by Rambus, involving memory controllers related to graphics processors.
NVIDIA (NASDAQ: NVDA) awakened the world to the power of computer graphics when it invented the graphics processing unit (GPU) in 1999. Since then, it has consistently set new standards in visual computing with breathtaking, interactive graphics. Expertise in programmable GPUs has led to breakthroughs in parallel processing which make supercomputing inexpensive and widely accessible. Fortune magazine has ranked NVIDIA #1 in innovation in the semiconductor industry for two years in a row. For more information, see www.nvidia.com
Certain statements in this press release including, but not limited to, statements as to: the defense of the actions in the ITC and actions by the U.S. Patent and Trademark Office (USPTO) are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: the settlement of the lawsuit as well as other factors detailed from time to time in the reports NVIDIA files with the Securities and Exchange Commission including its Form 10-Q for the fiscal period ended October 25, 2009. Copies of reports filed with the SEC are posted on our website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.
Copyright 2009 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, Tesla, CUDA, GeForce and Quadro are trademarks or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability, and specifications are subject to change without notice.
For more information, contact:
(408) 566 5150