GSI Technology, Inc. Sued by Cypress Semiconductor
SUNNYVALE, Calif.--(BUSINESS WIRE)-- GSI Technology, Inc. (Nasdaq: GSIT) today announced that on March 30, 2011, Cypress Semiconductor filed suit against GSI in the United States District Court for the District of Minnesota. Cypress’ complaint alleges five counts of patent infringement, principally related to GSI’s SigmaQuadTM and SigmaDDRTM products. GSI has not yet been formally served in this matter. The Company has begun an investigation of Cypress’ claims and intends to defend the lawsuit vigorously.
About GSI Technology
Founded in 1995, GSI Technology, Inc. is a leading provider of high performance static random access memory, or SRAM, products primarily incorporated in networking and telecommunications equipment. Headquartered in Sunnyvale, California, GSI Technology is ISO 9001 certified and has worldwide factory and sales locations. For more information, please visit www.gsitechnology.com.
CONTACT:
GSI Technology, Inc.
Douglas M. Schirle, CFO
408-331-9802
or
Silverman Heller Assoc.
Philip Bourdillon/Gene Heller
310-208-2550
KEYWORDS: United States North America California
INDUSTRY KEYWORDS: Technology Hardware Internet Networks Telecommunications Semiconductor
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