IRVINE, Calif., Sept. 6, 2018 /PRNewswire/ — Netlist, Inc. NLST, 0.89% today appear that the United States International Trade Commission (ITC) issued a affirmation architecture adjustment in in Analysis No. 337-TA-1089 (the 1089 Investigation) of SK hynix RDIMM and LRDIMM activity anamnesis products. The adjustment was favorable to Netlist with attention to both of its asserted patents, U.S. Apparent Nos. 9,606,907, and 9,535,623.
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The Administrative Law Judge (ALJ) sided with Netlist on the key affirmation architecture issues at the affection of the 1089 Investigation. The affirmation architecture adjustment serves as the framework from which the ITC will ultimately adjudge if the patents are accurate and abandoned by SK hynix, and accordingly represents a ytical choice in the case.
“We are absolute admiring with the adjustment and accept this is an important axis point in our altercation with SK hynix,” said Netlist’s Chief Executive Officer, C.K. Hong. “In our view, the affirmation architecture adjustment was thorough, well-reasoned, and vindicates our acceptance as to the backbone of our axiological IP. This estimation of the patents puts us in a able position with account to infringement, which was the alone affair we didn’t win in our aboriginal ITC action. The adjustment gives us cogent drive branch into the trials appointed after this year in both the ITC and in Germany.”
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On April 12, 2018, the ALJ accepted SK hynix’s motion for arbitrary affirmation of non-infringement and concluded the 1089 Investigation. On May 29, 2018, in acknowledgment to Netlist’s petition, the ITC Commission adjourned the ysis aback to the ALJ to dness the parties’ affirmation architecture disputes and abide the investigation. In the affirmation architecture order, the ALJ bound the parties’ disputes in favor of Netlist on these key issues. Having actually accustomed the acceptation of the asserted apparent claims, the focus now accouterment to whether the operation of SK hynix’s products, which is acknowledged amid the parties, avalanche aural the ambit of the claims.
The affirmation architecture adjustment is accessible to the accessible via the ITC’s website. (https://edis.usitc.gov/edis3-external/app).
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About Netlist, Inc. Netlist provides high-performance SSDs and modular anamnesis subsystems to activity barter in assorted industries. Flagship articles NVvault® and EXPRESSvault™ accredit barter to advance abstracts in their servers and accumulator and anxiously assure enterprise-level cache, metadata and log abstracts in the accident of a arrangement abortion or ability outage. HybriDIMM™, Netlist’s next-generation accumulator chic anamnesis product, addresses the growing charge for real-time ytics in Big Abstracts applications, in-memory databases, high-performance accretion and avant-garde abstracts accumulator solutions. Netlist additionally articles and provides a band of specialty and bequest anamnesis articles to accumulator customers, apparatus customers, arrangement builders and billow and datacenter customers. Netlist holds a portfolio of patents, abounding seminal, in the areas of amalgam memory, accumulator chic memory, rank multiplication and amount reduction. To apprentice more, appointment www.netlist.com.
Safe Harbor Statement This account absolution contains advanced statements aural the acceptation of the Private Securities Action Reform Act of 1995. Forward-looking statements are statements added than absolute facts and generally abode approaching contest or Netlist’s approaching performance. Advanced statements independent in this account absolution accommodate accurate or adumbrated statements about the aftereffect of the affirmation architecture adjustment issued by the ITC, including statements apropos Netlist’s accomplishments and behavior in attention to the affirmation architecture order.
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All advanced statements reflect management’s present assumptions, expectations and behavior apropos approaching contest and are accountable to accepted and alien risks, uncertainties and added factors that could account absolute after-effects to alter materially from those bidding in or adumbrated by any advanced statements. These risks, uncertainties and added factors include, amid others, risks associated with apparent contravention action accomplished by Netlist, such as advancing affairs adjoin SK hynix Inc., as able-bodied as the costs and alternation of any such action and Netlist’s strategies in affiliation with such litigation. Netlist can accommodate no affirmation apropos the aftereffect of the ITC and German litigations, and if the action concludes that Netlist’s patents were not abandoned or that remedies will not be imposed, again Netlist’s affairs and banking action may be materially abnormally affected. These and added risks and uncertainties are declared in Netlist’s anniversary address on Form 10-K for its best afresh completed budgetary year filed on March 30, 2018, and the added filings it makes with the U.S. Securities and Exchange Commission from time to time, including any after filed annual and accepted reports. In ablaze of these risks, uncertainties and added factors, these advanced statements should not be relied on as predictions of approaching events. These advanced statements represent Netlist’s assumptions, expectations and behavior alone as of the date they are made, and except as appropriate by law, Netlist undertakes no obligation to alter or amend any advanced statements for any reason.
For added information, amuse contact:
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The Plunkett Group Mike Smargiassi/Sharon Oh [email protected] (212) 739-6729
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SOURCE Netlist, Inc.
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