SOURCE: FormFactor

FormFactor

July 09, 2010 09:00 ET

FormFactor, Inc. Announces Settlement of Pending Litigation

LIVERMORE, CA--(Marketwire - July 9, 2010) -  FormFactor, Inc. (NASDAQ: FORM) today announced that it has reached an agreement to settle litigation pending in the US District Court regarding patent infringement. FormFactor, Inc. (NASDAQ: FORM) and Micronics Japan Co., Ltd. (6871 Jasdaq) and its wholly-owned subsidiary MJC Electronics Corporation, have entered into an agreement that settles the patent disputes between them, including the litigation pending in the United States District Court for the Northern District of California relating to the alleged infringement of FormFactor's United States Patent Nos. 6,509,751, 6,246,247, 6,624,648, and 7,073,254. The specific details of the agreement are confidential.

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 integrated circuits, or 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 website at www.formfactor.com.

FORM-F

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.

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 business momentum, 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, whether additional patent disputes arise in the future with a third party and, if so, whether they can be resolved amicably. 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 Annual Report on Form 10-K for the fiscal year ended December 26, 2009, as filed with the Securities and Exchange Commission ("SEC"), and subsequent SEC filings, including the company's Quarterly Report on Form 10-Q for its fiscal quarterly period ending March 27, 2010. 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.

Contact Information

  • Contacts:
    Investor Contact:
    Michael Magaro
    Investor Relations
    (925) 290-4321
    Email Contact

    Trade Press Contact:
    David Viera
    Director of Corporate Communications
    (925) 290-4681
    Email Contact