Rambus Inc.

March 21, 2005 09:26 ET

Infineon Technologies and Rambus Conclude Broad Licensing Agreement; Agreement Also Settles All Existing Claims between the Two Companies


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: RAMBUS INC.

NASDAQ SYMBOL: RMBS

MARCH 21, 2005 - 09:26 ET

Infineon Technologies and Rambus Conclude Broad
Licensing Agreement; Agreement Also Settles All
Existing Claims between the Two Companies

LOS ALTOS, Calif. and MUNICH, Germany--(CCNMatthews - Mar 21, 2005) -

Infineon (NYSE:IFX) (FSE:IFX) and Rambus (Nasdaq:RMBS) announced that
they have reached an agreement settling all claims between them and
licensing the Rambus patent portfolio for use in current and future
Infineon products.

Rambus has granted to Infineon a worldwide license to existing and
future Rambus patents and patent applications for use in Infineon memory
products. In exchange, Infineon will pay a quarterly license fee of US
$5.85 million starting by November 15, 2005 through November 15, 2007.
After November 15, 2007, and only if Rambus enters into additional
specified licensing agreements with certain other DRAM manufacturers,
Infineon will make additional quarterly payments which may accumulate up
to a maximum of an additional $100 million.

The agreement also provides Infineon an option for acquiring certain
other licenses. All licenses provide for Infineon to be treated as a
"most-favored customer" of Rambus.

Infineon has simultaneously granted to Rambus a fully-paid perpetual
license for memory interfaces.

In addition to the licenses, the two companies have agreed to the
immediate dismissal of all pending litigation and have released each
other from all existing legal claims.

About Infineon

Infineon Technologies AG, Munich, Germany, offers semiconductor and
system solutions for automotive, industrial and multimarket sectors, for
applications in communication, as well as memory products. With a global
presence, Infineon operates through its subsidiaries in the US from San
Jose, CA, in the Asia-Pacific region from Singapore and in Japan from
Tokyo. In fiscal year 2004 (ending September), the company achieved
sales of Euro 7.19 billion with about 35,600 employees worldwide.
Infineon is listed on the DAX index of the Frankfurt Stock Exchange and
on the New York Stock Exchange (ticker symbol:IFX). Further information
is available at www.infineon.com.

About Rambus

Rambus is one of the world's premier technology licensing companies
specializing in the invention and design of high-speed chip interfaces.
Since its founding in 1990, the company's innovations, breakthrough
technologies and integration expertise have helped industry-leading chip
and system companies solve their most challenging and complex I/O
problems and bring their products to market. Rambus's interface
solutions can be found in numerous computing, consumer, and
communications products and applications. Rambus is headquartered in Los
Altos, Calif., with regional offices in Chapel Hill, North Carolina,
Bangalore, India, Taipei, Taiwan and Tokyo, Japan. Additional
information is available at www.rambus.com.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Rambus Inc.
    Linda Ashmore, 650-947-5411
    email: lashmore@rambus.com