GSI Technology Comments on Cypress Semiconductor's Filing of a Complaint with the International Trade Commission

Jun 14, 2011

SUNNYVALE, Calif., Jun 14, 2011 (BUSINESS WIRE) -- GSI Technology, Inc. (Nasdaq: GSIT) today noted that on June 10, 2011, Cypress Semiconductor Corporation filed a complaint against GSI with the United States International Trade Commission.

As previously announced, Cypress had earlier filed a complaint against GSI in the United States District Court for the District of Minnesota alleging five counts of patent infringement, principally related to GSI's Sigma Quad(TM) and Sigma DDR(TM) families of SRAM memory products. The ITC complaint alleges infringement by GSI of three of the five patents involved in the District Court case and one additional patent and also alleges infringement by two of GSI's distributors and three of GSI's customers who allegedly incorporate GSI's SRAMs in their products.

The ITC complaint seeks a limited exclusion order excluding the allegedly infringing SRAMs, and products containing them, from entry into the United States and permanent orders directing GSI and the other proposed respondents to cease and desist from selling or distributing such products in the United States. To date, the ITC has not instituted an investigation proceeding in response to Cypress' complaint.

GSI intends to defend both the lawsuit and the ITC proceeding vigorously.

About GSI Technology

Founded in 1995, GSI Technology, Inc. is a leading provider of high performance static random access memory, or SRAM, products primarily incorporated in networking and telecommunications equipment. Headquartered in Sunnyvale, California, GSI Technology is ISO 9001 certified and has worldwide factory and sales locations. For more information, please visit www.gsitechnology.com.

SOURCE: GSI Technology, Inc.

GSI Technology, Inc.
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or
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Philip Bourdillon/Gene Heller, 310-208-2550