ISSI to License Spansion's Patent Portfolio to Enhance Flash Memory Product Line
SUNNYVALE and MILPITAS, Calif.-- March 26, 2014 -- Spansion Inc. (NYSE: CODE) , a global leader in embedded systems solutions, and Integrated Silicon Solution, Inc. (NASDAQ: ISSI), a leader in advanced memory and analog IC solutions, today announced the signing of a license agreement that gives ISSI access to Spansion's patent portfolio to develop and produce specialized flash memory products.
"ISSI is proud to work with Spansion and further the development of flash memory technologies for ISSI's served markets," said Manjunatha V. Kashi, vice president, Flash Business Development at ISSI. "With this license agreement, we will be able to expand our range of specialty flash solutions for our customers."
"This licensing agreement demonstrates the value of Spansion's intellectual property," said Ali Pourkeramati, senior vice president of Spansion. "We are committed to working across the industry to provide access to our patent portfolio and deliver continued innovation in non-volatile flash memory."
Spansion (NYSE: CODE) is a global leader in flash memory-based embedded systems solutions. Spansion's flash memory, microcontrollers, analog and mixed-signal products drive the development of faster, intelligent, secure and energy efficient electronics. Spansion is at the heart of electronics systems, connecting, controlling, storing and powering everything from automotive electronics and industrial systems to the highly interactive and immersive consumer devices that are enriching people's daily lives. For more information, visit http:// http://www.spansion.com/.
About Integrated Silicon Solution, Inc .
ISSI is a fabless semiconductor company that designs and markets high performance integrated circuits for the following key markets: (i) automotive, (ii) communications, (iii) industrial, medical, and military, and (iv) digital consumer. ISSI's primary products are high speed and low power SRAM and low and medium density DRAM. ISSI also designs and markets NOR flash products and high performance analog and mixed signal integrated circuits. ISSI is headquartered in Silicon Valley with worldwide offices in Taiwan, Japan, Singapore, China, Europe, Hong Kong, India, and Korea. Visit our website at http://www.globenewswire.com/newsroom/ctr?d=10070036&l=11&u=http%3A%2F%2Fwww.issi.com%2F.
ISSI Flash Resources: http://www.issi.com/US/product-flash.shtml#jump1
Spansion(R), the Spansion logo, MirrorBit(R), and combinations thereof, are trademarks and registered trademarks of Spansion LLC in the United States and other countries.
Spansion Press Contact
Spansion Investor Relations Contact
Manjunatha V. Kashi
VP, Flash Business Development
Leanne Sievers, EVP
Matt Kreps, Managing Director
972-239-5119 ext. 125