STMicroelectronics : STMicroelectronics Re-asserts its MEMS Patent Leadership and Requests International Trade Commission Investigation of InvenSense Coppell, March 11, 2013 -- STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications and the worldwide technology leader of motion, environmental, audio and micro-fluidic MEMS (Micro-Electro-Mechanical Systems), announced today that its U.S. subsidiary, STMicroelectronics, Inc., has filed a complaint with the United States International Trade Commission (ITC). The complaint requests that the ITC initiate an investigation into the alleged infringement of five ST patents covering all of InvenSense, Inc.'s MEMS device offerings, as well as products from two of InvenSense's customers, Black and Decker, Inc. and Roku, Inc. ST has requested that the ITC issue an order excluding InvenSense's infringing gyroscopes and accelerometers, as well its customers' products that include those InvenSense devices, from importation into the United States. This is the second patent lawsuit that ST has brought against InvenSense. In May 2012, ST filed a patent infringement lawsuit against InvenSense in the Northern District of California, alleging infringement of nine ST patents and seeking injunctive relief and monetary damages. Rather than litigating ST's claims before the court, InvenSense used the delaying tactic of filing requests for ex parte reexamination of ST's patents with the United Stated Patent and Trademark Office ("USPTO"), even though historically over 89% of reexamined patents are confirmed upon ex parte reexamination. On February 27th, 2013, the district court granted InvenSense's request for a stay of proceedings pending the USPTO's reexamination. ST is confident in the validity of its patents and is eager to resume the district court proceedings at the earliest opportunity. "While we welcome fair competition, ST cannot tolerate continued infringement of our strong and unique patent portfolio, which is the result of more than 15 years of intensive R&D efforts and substantial investment, to bring competitive and innovative solutions to customers worldwide," said Bob Krysiak, President and Chief Executive Officer of STMicroelectronics, Inc With more than 800 MEMS-related patents and patent applications worldwide, including more than 350 in the US, ST is the acknowledged world leader in motion, environmental, audio, and micro-fluidic MEMS, and leads the way towards intelligent and independent sensing devices. The company's comprehensive portfolio of micro-machined accelerometers, gyroscopes, pressure sensors, magnetic sensors, and microphones- together with its manufacturing and packaging prowess and ability to integrate multi-sensor combos with on-board signal processing, control functions, sensor-fusion algorithms, and wireless connectivity-aim to open new horizons in consumer electronics, healthcare, environmental sciences, and many other domains. About STMicroelectronics ST is a global leader in the semiconductor market serving customers across the spectrum of sense and power and automotive products and embedded processing solutions. From energy management and savings to trust and data security, from healthcare and wellness to smart consumer devices, in the home, car and office, at work and at play, ST is found everywhere microelectronics make a positive and innovative contribution to people's life. By getting more from technology to get more from life, ST stands for life.augmented. In 2012, the Company's net revenues were $8.49 billion. Further information on ST can be found at www.st.com. For further information, please contact: INVESTOR RELATIONS: Tait Sorensen Group VP, Investor Relations STMicroelectronics Tel: +1 602 485 2064 firstname.lastname@example.org MEDIA RELATIONS: Michael Markowitz Director Technical Media Relations STMicroelectronics Tel: +1 781 591 0354 email@example.com ST Requests ITC Investigation of InvenSense ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: STMicroelectronics via Thomson Reuters ONE HUG#1684550
STMicroelectronics : STMicroelectronics Re-asserts its MEMS Patent Leadership and Requests International Trade Commission
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