Contact Information: Investor Contact: Michael Magaro Investor Relations (925) 290-4321 Trade Press Contact: David Viera Corporate Communications (925) 290-4681
ITC Issues Final Determination in FormFactor's Wafer Probe Card ITC Action
| Source: FormFactor
LIVERMORE, CA--(Marketwire - November 13, 2009) - FormFactor, Inc. (NASDAQ : FORM ) announced
today The International Trade Commission (ITC) issued a final determination
in the investigation of probe card manufacturers Phicom Corporation and
Micronics Japan Company, Ltd., Investigation No. 337-TA-621. In the Final
Determination, certain of FormFactor's asserted patent claims were found
valid, but not infringed, and other asserted patent claims were found
invalid. The ITC has terminated the investigation without issuing an
exclusionary order against any products. The ITC released only a three-page
notice and indicated that the full Final Determination would be issued
later.
The Company will carefully evaluate the Final Determination when it becomes
available and assess further proceedings, including any potential appeal to
the U.S. Court of Appeals for the Federal Circuit, and the pending district
court patent infringement litigations against Phicom and Micronics, which
were stayed after initiation of the ITC investigation and include other
FormFactor patents not at issue before the ITC. The company remains
committed to protecting its intellectual property rights, and preventing
the unauthorized use of its intellectual property.
FormFactor's advanced wafer probe card products and solutions are relied
upon by its customers to increase their testing efficiency and enable their
technology roadmaps. The Company believes the Final Determination will have
no immediate business impact.
Forward-Looking Statements
Statements in this press release that are not strictly historical in nature
are forward-looking statements within the meaning of the federal securities
laws, including statements regarding our products and solutions, demand for
our products and future growth. These forward-looking statements are based
on current information and expectations that are inherently subject to
change and involve a number of risks and uncertainties. Actual events or
results might differ materially from those in any forward-looking statement
due to various factors, including, but not limited to: the company's
ability to defend its intellectual property rights in the United States and
elsewhere in the world; losses or adverse rulings relating to the company's
intellectual property or intellectual property litigations, including any
invalidation or limitation of the company's patents; changes in patent
laws, regulation or enforcement, or other factors that might affect the
company's ability to protect its intellectual property; and the company's
ability to develop, manufacture and deliver customized technologies and
products that meet its customers' ever-evolving test requirements, lower
their overall cost of test and enable their technology roadmaps. Additional
information concerning factors that could cause actual events or results to
differ materially from those in any forward-looking statement is contained
in the company's Form 10-K for the fiscal year ended December 27, 2008 and
Form 10-Q for the fiscal quarter ended September 26, 2009 as filed with the
Securities and Exchange Commission ("SEC"), and subsequent SEC filings.
Copies of the company's SEC filings are available at
http://investors.formfactor.com/edgar.cfm. The company assumes no
obligation to update the information in this press release, to revise any
forward-looking statements or to update the reasons actual results could
differ materially from those anticipated in forward-looking statements.
About FormFactor
Founded in 1993, FormFactor, Inc. (NASDAQ : FORM ) is the leader in advanced
wafer probe cards, which are used by semiconductor manufacturers to
electrically test ICs. The company's wafer sort, burn-in and device
performance testing products move IC testing upstream from post-packaging
to the wafer level, enabling semiconductor manufacturers to lower their
overall production costs, improve yields, and bring next-generation devices
to market. FormFactor is headquartered in Livermore, California, with
operations in Europe, Asia and North America. For more information, visit
the company's web site at www.formfactor.com.
FormFactor and the FormFactor logo are registered trademarks of FormFactor,
Inc. All other product, trademark, company or service names mentioned
herein are the property of their respective owners.