Cypress Will Seek Review of ITC Ruling

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Cypress Semiconductor
CY
today announced that it will seek a review by the full International Trade Commission (ITC) of the Initial Determination (ID) issued by Administrative Law Judge Charles E. Bullock. The ID found no violation of Section 337 of the Tariff Act of 1930 by GSI Technology
GSIT
with respect to the four patents asserted by Cypress. The details of the ID are not yet available. Cypress has also filed suit against GSI in the federal district court of Minnesota (Case No. 11-cv-00789). That case is currently stayed pending the ITC's final ruling, which is expected in February 2013. “A finding of no violation in this case is inconceivable,” said T.J. Rodgers, President and CEO of Cypress.
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