Kilopass Focuses on Market and Roadmap Expansion After Sidense Patent Litigation

Kilopass Has Reserved the $5.5M Award, but Moving Beyond to New Business

SAN JOSE, CALIF., Mar. 16, 2015 – 

Kilopass Technology, Inc., a leading provider of semiconductor logic non-volatile memory (NVM) intellectual property (IP), acknowledges the recent ruling of the U.S. District Court awarding Sidense Corporation $5.5 million for patent litigation legal fees. Kilopass has set aside cash in the full amount of the award.

In 2012, Judge Illston dismissed the patent lawsuit brought by Kilopass against Sidense in a summary judgment, but denied Sidense's request to recover fees. The judge reversed her decision after a recent Supreme Court ruling changed the legal standards for fee recovery. Kilopass has not decided and is evaluating its options to appeal the ruling. Regardless of its decision with regard to an appeal, the company is moving ahead with the execution of its expanded technology and market roadmaps.

"We are disappointed in the ruling but, as customers and the market have the substance of the litigation behind them, so do we," remarked Charlie Cheng, Kilopass' CEO. "Operationally, we have been busy with 10nm-16nm nodes for OTP roadmap, low-power IoT challenges, and new memory technologies."

Kilopass enjoyed its most successful year in 2014 and exited the year with ample working capital to fund its organizational and technology plans, even assuming immediate payment of the award. The company continues to deliver its NVM IP on the most advanced process nodes for leading foundries and integrated device manufacturer (IDMs), and has expanded its roadmap in new memory technologies.

About Kilopass Technology, Inc.

Kilopass Technology is expanding the horizons of embedded non-volatile memory to create new cost savings and design opportunities for todays semiconductor industry.

The leader in embedded NVM intellectual property, Kilopass removes long-standing challenges to NVM integration across a wide range of markets, applications and SOC designs. Its patented technologies and expanding set of one-time programmable (OTP) and multi-time programmable NVM solutions have boundless capacity to scale to advanced CMOS process geometries, are portable to every major foundry and integrated device manufacturer (IDM), and meet market demands for increased integration, higher densities, lower cost, better reliability and improved security.

Trusted by todays most trusted brands, Kilopass technology has been integrated by over 100 customers, with more than 2 billion units shipped in over 300 industrial, automotive, consumer electronics, mobile and analog & mixed signal chip designs. The companys solutions are currently integrated into 20 million set-top boxes, 50 million DVD chip sets, 100 million Wi-Fi modules, and 500 million FM tuners.

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