October 7, 2008
IXYS Reports Denial Of International Rectifier’s Petition For Supreme Court Review
IXYS Corporation (NASDAQ:IXYS) today announced that the United States Supreme Court denied the petition for a writ of certiorari filed by International Rectifier Corporation (NYSE: IRF). As a result, the ruling previously made by the United States Court of Appeals for the Federal Circuit in favor of IXYS on all remaining claims of patent infringement, stating that "IXYS is entitled to entry of final judgment in its favor as to all claims," stands.
IXYS believes that the denial issued by the United States Supreme Court concludes the patent infringement litigation between IXYS and IRF.
"We are pleased that we have received a final vindication from the highest court of the land. We have always believed that, as a pioneer in the power semiconductor field, our products and technology are second to none and that we would prevail," commented Uzi Sasson, COO and CFO of IXYS.
About IXYS Corporation
Since its inception, IXYS Corporation has been developing technology-driven products to improve power conversion efficiency, generate solar and wind power and provide efficient motor control for industrial applications. IXYS, and its subsidiary companies, offer a diversified product base that addresses worldwide needs for power control, electrical efficiency, renewable energy, telecommunications, medical devices, flexible displays and RF power. Additional information may be obtained by visiting IXYS' website at http://www.ixys.com, or by contacting the company directly.