Replies to post #31 on After Hours and Pre-Market Movers

[JoeHall]

IDTI pre market news

IDT Receives Favorable Ruling in Patent Action Versus LSI Logic

SAN JOSE, Calif.--(BUSINESS WIRE)--IDT® (Integrated Device Technology, Inc.) (NASDAQ: IDTI), a leading provider of essential mixed signal semiconductor solutions that enrich the digital media experience today announced a favorable ruling issued yesterday by the International Trade Commission (ITC) in a patent action brought by LSI Corporation against several semiconductor companies, including IDT. In the ruling, the full commission of the ITC found that the patent claims asserted by LSI were invalid and has subsequently terminated the investigation.

“We are pleased with the ITC ruling in this matter. IDT places a great amount of respect and emphasis on the intellectual property of not only our company, but our entire industry”

“We are pleased with the ITC ruling in this matter. IDT places a great amount of respect and emphasis on the intellectual property of not only our company, but our entire industry,” said Vince Tortolano, vice president and general counsel for IDT.

LSI had alleged that IDT and the other defendants in the action violated section 337 of the Tariff Act which prohibits the importation and sale of infringing products. Based on the finding of invalidity, the ITC Commission held that no violation of section 337 has occurred.

About IDT

With the goal of continuously improving the digital media experience, IDT integrates its fundamental semiconductor heritage with essential innovation, developing and delivering low-power, mixed signal solutions that help customers overcome their system challenges. Headquartered in San Jose, Calif., IDT has design, manufacturing and sales facilities throughout the world. IDT stock is traded on the NASDAQ Global Select Stock Market® under the symbol “IDTI.” Additional information about IDT is accessible at www.IDT.com.

IDT and the IDT logo are trademarks or registered trademarks of Integrated Device Technology, Inc. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.