ISSI Wins Jury Verdict in Litigation Brought by GSI Technology

MILPITAS, Calif., Nov. 30, 2015 — (PRNewswire) —  Integrated Silicon Solution, Inc. (Nasdaq: ISSI) announced today that a jury found in favor of ISSI as to all causes of action alleged against the company by GSI Technology, Inc. (Nasdaq: GSIT).  GSI had filed suit against ISSI in the United States District Court for the Northern District of California in October 2013.  Following a four-week trial in San Jose, California, the jury rejected GSI's claims against ISSI, including trade secret misappropriation and unfair competition. Other GSI claims, including antitrust allegations, were dismissed in pre-trial rulings.

"We invested a lot of time and effort to defend this case.  However, after more than two years plus a several week jury trial, we are very pleased with this favorable verdict," commented ISSI's President and Chief Executive Officer, Scott Howarth.

ISSI was represented in this litigation by Wilson Sonsini Goodrich & Rosati, P.C.

The verdict remains subject to potential post-trial motions and/or a potential appeal by GSI.

About ISSI

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, and (iv) digital consumer. ISSI's primary products are high speed and low power SRAM and low, and medium and high 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 ISSI's web site at www.issi.com.

 

To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/issi-wins-jury-verdict-in-litigation-brought-by-gsi-technology-300185101.html

SOURCE Integrated Silicon Solution, Inc.

Contact:
Integrated Silicon Solution, Inc.
GSI Technology, Inc.
John M. Cobb, Chief Financial Officer, Investor Relations, (408) 969-6600
Email Contact Shelton Group, Leanne Sievers, EVP, P: 949-224-3874, E: Email Contact Matt Kreps, Managing Director, P: 214-272-0073, E: Email Contact
Web: http://www.issi.com

Featured Video
Jobs
Geodetic Analyst, GIS Center (1282) for Idaho State University at Pocatello, Idaho
GEOGRAPHIC INFORMATION SYSTEM (GIS) COORDINATOR for Lassen County at Susanville, California
GIS Analyst for San Bernardino County Transportation Authority at San Bernardino, California
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Upcoming Events
Esri User Conference 2024 at san diego CA - Jul 15 - 19, 2024
URISA GIS Leadership Academy at Chicago IL - Aug 12 - 16, 2024
Commercial UAV Expo 2024 at Caesars Forum Las Vegas NV - Sep 3 - 5, 2024
Intergeo 2024 at Messe Stuttgart Messepiazza 1 Stuttgart Germany - Sep 24 - 26, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise