Geneva, October 9, 2002 - STMicroelectronics (NYSE: STM) one of the world's leading suppliers of Power MOSFETs, announced today that the United States District Court for the Eastern District of Texas has ruled in its favor in connection with a patent infringement lawsuit filed against it by Power Mosfet Technologies in August 1999. The ruling issued on September 30, 2002, finds that any product incorporating STMicroelectronics' MDmesh™ technology, including STMicroelectronics' family of MDmesh™ Power MOSFET devices, does not infringe United States Patent 5,216, 275.
"We are pleased at the court's decision and look forward to continuing to promote our products in the marketplace," said Ian Wilson, STMicroelectronics' division manager for power MOSFET products.
About STMicroelectronics
STMicroelectronics, the world's third largest semiconductor company, is a global leader in developing and delivering semiconductor solutions across the spectrum ofmicroelectronics applications. An unrivalled combination of silicon and system expertise, manufacturing strength, Intellectual Property (IP) portfolio and strategic partners positions the Company at the forefront of System-on-Chip (SoC) technology and its products play a key role in enabling today's convergence markets. The Company's shares are traded on the New York Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. In 2001, the Company's net revenues were $6.36 billion and net earnings were $257.1 million. Further information on ST can be found at http://www.st.com.
MDmesh™ is a trademark of STMicroelectronics
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