LOWELL, Mass., Aug. 22, 2013 (GLOBE NEWSWIRE) -- M/A-COM Technology Solutions Holdings, Inc. (Nasdaq:MTSI) ("MACOM"), a leading supplier of high performance RF, microwave, and millimeter wave products, today announced it has filed suit in the United States District Court for the Northern District of California against GigOptix, Inc. (NYSE MKT:GIG) for patent infringement.
The complaint alleges that GigOptix makes, uses, imports, offers to sell, and/or sells in the United States electro-optics polymers containing chromophores that infringe two MACOM patents, including certain GigOptix Mach-Zehnder modulator products that GigOptix markets or promotes as containing "Thin Film Polymer on Silicon ('TFPSTM')" technology. MACOM is seeking injunctive relief barring the infringement, as well as monetary damages, including treble damages based on allegedly willful infringement by GigOptix, attorney's fees and costs of suit.
"MACOM has built a substantial patent portfolio through investment in innovation, and will defend that investment vigorously when required," said Ray Moroney, Optoelectronics Product Line Manager for MACOM. "We look forward to a just resolution of this matter through the legal process."
M/A-COM Technology Solutions Holdings (www.macomtech.com) is a leading supplier of high performance RF, microwave, and millimeter wave products that enable next-generation Internet and modern battlefield applications. Recognized for its broad catalog portfolio of technologies and products, MACOM serves diverse markets, including CATV, wireless and optical communications infrastructure, satellite, radar, automotive, industrial, medical, and mobile devices. A pillar of the RF and microwave industry, we thrive on more than 60 years of solving our customers' most complex problems.
Headquartered in Lowell, Massachusetts, MACOM is certified to the ISO9001 international quality standard and ISO14001 environmental management standard. MACOM has design centers and sales offices throughout North America, Europe, Asia and Australia.
MACOM, M/A-COM, M/A-COM Technology Solutions, M/A-COM Tech, The First Name in Microwave and related logos are trademarks of MACOM. All other trademarks are the property of their respective owners.
Special Note Regarding Forward-Looking Statements
This press release contains forward-looking statements regarding future events, including any statements concerning MACOM's suit against GigOptix and MACOM's defense of its patent portfolio investment. Forward-looking statements contained in this press release reflect MACOM's current views about future events and are subject to risks, uncertainties, assumptions and changes in circumstances that may cause those events or our actual activities or results to differ materially from those expressed in any forward-looking statement. In particular, we cannot assure you that MACOM's suit against GigOptix will be successful or have a favorable outcome for MACOM. Other risks that may cause actual results to differ materially from those contained in our forward-looking statements are described under the heading "Risk Factors" in MACOM's filings with the Securities and Exchange Commission (SEC), including its Quarterly Report on Form 10-Q for the quarter ended June 28, 2013 as filed with the SEC on August 5, 2013. MACOM undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
CONTACT: Media Contacts: Husrav Billimoria M/A-COM Technology Solutions Inc. 978.656.2896 Husrav.Billimoria@macomtech.com
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