 Patent portfolios in flash arena
"We believe we have one of the broadest patent portfolios in the flash arena and we expect to continue discussions with a number of companies who want design freedom for flash products." This agreement ends litigation that began in 2001 when Lexar claimed infringement of a number of its flash patents including U.S. Patent Nos. 5,479,638, 5,818,781, 5,907,856, 5,930,815 and 6,145,051.
About Lexar Media, Inc.
Lexar is a leading marketer and manu-facturer of flash memory cards, USB flash drives, card readers and ATA controller technology for the digital photography, consumer electronics, industrial and communications markets. The company holds over 87 issued or allowed controller and system patents, and licenses its technology to companies incl. Olympus, Samsung Electronics, SanDisk and Sony.
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Lexar and Memorex settled patent infringement : Lexar Media today announced that it has settled its patent infringement case with Memorex (Memtek Products Inc.). The litigation involved only certain CompactFlash cards sold by Memorex prior to November 2004. In the settlement agreement, Memorex will make a one-time payment for past sales of these products to Lexar and will agree to an injunction which would prohibit it from selling CompactFlash products that infringe Lexar's patents in the future. The settlement agreement does not include a license for future sales. "We are glad that we were able to constructively resolve our dispute with Memorex," said Eric Whitaker, executive vice president and general counsel, Lexar.
