WOBURN, Mass. -- (BUSINESS WIRE) --
EPIC Technologies, Inc., a leading innovator of ChipsFirstTM semiconductor packaging technology, announced today that EPIC and Freescale have entered into agreements to settle pending litigation that EPIC had brought against Freescale. Under the parties' confidential agreements, Freescale and EPIC have licensed each other's patents, and Freescale has taken a license to EPIC's ChipsFirst know-how. In addition, to facilitate widespread adoption of EPIC's ChipsFirst technology and Freescale's Redistributed Chip Packaging® (RCP) technology, EPIC and Freescale have agreed to enable a combined patent licensing approach for semiconductor packaging subcontractors. Under this approach, semiconductor packaging subcontractors can obtain through EPIC license rights to both EPIC's ChipsFirst and Freescale's RCP patents. EPIC's ChipsFirst technology may also be independently and exclusively licensed from EPIC.
Freescale's RCP and EPIC's ChipsFirst technologies are each covered by product and process patents, as well as several pending patent applications. The technologies are designed for use in rigorous and demanding semiconductor packaging applications.
EPIC's CEO, James Kohl, commented, "We are pleased to have resolved this litigation, and we look forward to further licensing activity in the coming months."
About EPIC
EPIC began developing its novel ChipsFirst technology for chip-scale packaging of semiconductors in the mid-1990s. The privately held company is based in Woburn, Massachusetts. EPIC's inventions are covered by strong, early patents and ongoing innovations and patents pending. Its products have been used in rigorous and demanding applications for many years. For more information please see www.epic-tech.com.
All trademarks and registered trademarks are property of their respective owners. © EPIC Technologies, Inc. 2010
Safe Harbor Statement
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:
This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as EPIC Technologies or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
CONTACT:
EPIC Technologies Inc.
Keith Phillips, 781-608-5807
skphillips@epic-tech.com