PTSC Gapping on News of NEC Settlement....Remember the last run to $2.50???
UNITED STATES DISTRICT COURT EASTERN DISTRICT OF TEXAS MARSHALL DIVISION
Technology Properties Limited and Patriot
Scientific Corporation,
Plaintiffs,
v.
Matsushita Electrical Industrial Co., Ltd.,
Panasonic Corporation of North America, JVC
Americas Corporation, NEC Electronics
America, Inc., Toshiba Corporation, Toshiba
America, Inc., Toshiba America Electronic
Components, Inc., Toshiba America
Information Systems, Inc. and Toshiba America
Consumer Products, LLC,
Defendants.
JURY DEMANDED
STIPULATION TO DISMISS NEC ELECTRONICS AMERICA, INC.
CASE NO. 2:05-CV-00494 (TJW) - 1 -
Pursuant to Federal Rule of Civil Procedure 41(a)(1) and (c), Plaintiffs Technology Properties Limited ("TPL") and Patriot Scientific Corporation ("Patriot") and Defendant NEC Electronics America, Inc. ("NECELAM") (collectively, “the Parties”), having resolved the issues between them, hereby stipulate and agree, through their respective counsel, that the remaining claims among these parties shall be dismissed, with each party bearing its own costs and attorneys' fees. Plaintiffs' claims shall be dismissed with prejudice and Defendant NECELAM’s counterclaims shall be dismissed without prejudice.
DATED: December 17, 2007 By: /s/ Roger L. Cook
TOWNSEND and TOWNSEND and CREW LLP
Roger L. Cook, CA State Bar No. 55208