SynQor Prevails in Patent Litigation

23rd December 2010

SynQor

ES Admin

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SynQor, Inc. today announced that it has prevailed in its patent litigation suit against industry suppliers of unregulated and semi-regulated bus converters used in Intermediate Bus Architecture applications (SynQor, Inc. v. Artesyn Technologies, Inc. et al). SynQor asserted 5 patents against 11 of the largest industry suppliers of unregulated and semi-regulated bus converters in the US District Court for the Eastern District of Texas. In a unanimous verdict, the jury found that each of the 11 defendants infringed one or more of SynQor’s patents and upheld the validity of all such patents.

In addition, the jury awarded SynQor collective damages in excess of $95 million against Artesyn Technologies, Inc., Astec America, Inc., Bel Fuse Inc., Cherokee International Corp., Delta Electronics, Inc., Delta Products Corp., Lineage Power Corp., Murata Elec. North America, Inc., Murata Manufacturing Co., Ltd., Murata Power Solutions Inc., and Power-One, Inc.

A hearing on SynQor’s motion to enjoin further sales by defendants of infringing products has been set for January 19, 2011 in Marshall, Texas.

SynQor’s patents at issue in the lawsuit were U.S. Patent Nos. 7,072,190, 7,272,021, 7,558,083, 7,564,702 and 7,269,034.

SynQor President and Chief Executive Officer, Dr. Martin F. Schlecht, commented: “We are very pleased with the jury’s verdict. SynQor brought unregulated and semi-regulated intermediate bus converter architecture to the market many years ago and has been denied the opportunity to profit from its success. We now look forward to working with our customers in continuing to implement this important power architecture in their telecommunications, network, storage, computing and other applications.”

Dr. Schlecht further stated: “We are grateful to our legal team at Sidley Austin LLP headed by Tom Rein for their extraordinary effort in this matter.”