Marvell Technology Group Seeks to Overturn Jury's Patent Infringement Findings

Marvell Technology Group Seeks to Overturn Jury's Patent Infringement Findings

PR Newswire

SANTA CLARA, Calif., Dec. 27, 2012

SANTA CLARA, Calif., Dec. 27, 2012 /PRNewswire/ --Marvell (NASDAQ: MRVL), a
global leader in integrated silicon solutions, announced that on December 26,
2012, a jury in Pittsburgh delivered a verdict in a lawsuit brought by
Carnegie Mellon University ("CMU") against Marvell and Marvell Semiconductor,
Inc. ("MSI"), Marvell's U.S. operating subsidiary, in the United States
District Court for the Western District of Pennsylvania. In the lawsuit, CMU
asserted that Marvell infringed two CMU patents claiming a specific technique
related to read channel detector technologythat is not practiced by any
Marvell chips.Specifically, the patents at issue are U.S. Patent Nos.
6,201,839 and 6,438,180. Marvell and MSI strongly believe the theoretical
methods described in these patents cannot practically be built in silicon even
using the most advanced techniques available today, let alone with the
technology available a decade ago. Rather, Marvell and MSI use their own
patented read channel technology developed in house. Nevertheless, the jury
disagreed with Marvell and MSI's position and found that the patents were
literally and willfully infringed and valid, and awarded damages in the amount
of $1.17 billion.

(Logo: http://photos.prnewswire.com/prnh/20100719/SF36559LOGO-b)

In the meantime, Marvell and MSI believe there should be no disruption to
their business or to customers as a result of the verdict. Marvell and MSI
believe that the evidence and the law do not support the jury's findings of
infringement, validity and the award of damages. There are strong grounds for
appeal and Marvell and MSI will seek to overturn the verdict in post-trial
motions before the District Court and, if necessary, to appeal to the U.S.
Court of Appeals for the Federal Circuit in Washington, D.C. Marvell and MSI
intend to vigorously challenge the judgment through all appropriate post trial
motions and appeal processes. In addition, the district court in Pittsburgh
has yet to rule on certain of Marvell's defenses and motions, including laches
and Marvell's renewed request for a mistrial.

As of October 27, 2012, Marvell had not accrued any liability in its financial
statements for this lawsuit. In assessing the impact of this jury verdict on
its financial statements, Marvell will review the verdict, evaluate the
post-trial motions, and evaluate the likelihood of a successful appeal.
Marvell has not yet determined the financial impact, if any, to the results of
operation for the fourth quarter of fiscal 2013, ending February 2, 2013.

About Marvell
Marvell is a global leader in the development of storage, communications and
consumer silicon solutions.Marvell's diverse product portfolio includes
switching, transceiver, communications controller, wireless, and storage
solutions that power the entire communications infrastructure, including
enterprise, metro, home, and storage networking. As used in this release, the
term "Marvell" refers to Marvell Technology Group Ltd. and its subsidiaries.
For more information please visit www.marvell.com.

Safe Harbor Statement of Marvell under the Private Securities Litigation Act
of 1995:
This press release contains forward-looking statements that involve risks and
uncertainties, including statements regarding the complex nature of the
patents; Marvell's expectations about its business; Marvell's and MSI's
beliefs that the evidence and the law do not support the jury's findings of
infringement, validity and the award of damages; and Marvell's and MSI's
intention to challenge the judgment through all appropriate processes. The
forward-looking statements contained in this release are subject to risks and
uncertainties, which may cause the actual outcomes or results to vary from
those indicated by the forward-looking statements. These risks and
uncertainties include any adverse outcomes of any motions or appeals against
Marvell and MSI, and other risks and uncertainties, including those more fully
described in Marvell's latest Quarterly Report on Form 10-Q for the quarter
ended October 27, 2012, and other factors detailed from time to time in
Marvell's filings with the SEC. Marvell undertakes no obligation to revise or
update publicly any forward-looking statements.

Marvell and the M logo are registered trademarks of Marvell and/or its
affiliates.

For Further Information Contact:

Investor Relations Media Relations

Sukhi Nagesh       Daniel Yoo

Tel: 408-222-8373  Tel: 408-222-2187

sukhi@marvell.com  yoo@marvell.com

SOURCE Marvell

Website: http://www.marvell.com
 
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