Sidense Defeats Kilopass' Remaining Claims; Kilopass' Case Is Over

OTTAWA--(Marketwire - Oct 3, 2012) - Sidense Corp., a leading developer of Logic Non-Volatile Memory (LNVM) OTP IP cores, today announced that the United States District Court for the Northern District of California dismissed with prejudice all of Kilopass' remaining business tort claims against Sidense. With the Court's recent decision granting Sidense summary judgment of non-infringement, this ruling terminates the entire Kilopass case. The Sidense victory is complete.

Although the Court granted Sidense summary judgment of non-infringement against Kilopass' patent claims on August 16, 2012, Kilopass nevertheless continued to pursue its claims for False Advertising under the Lanham Act, intentional interference with prospective economic advantage, and unfair competition. After Sidense successfully excluded virtually all evidence Kilopass intended to present at trial, Kilopass asked the Court to dismiss its remaining claims without prejudice, allowing Kilopass the right to raise these same claims again later. Today the Court rejected Kilopass' request, dismissing all remaining claims with prejudice preventing Kilopass from raising these claims again in the future. This puts an end to Kilopass' case in the district court.

"We couldn't be happier with Judge Illston's ruling, which, in conjunction with our summary judgment win, confirms what we have said since this frivolous lawsuit was filed against us," said Xerxes Wania, Sidense President and CEO. "We do not infringe Kilopass' patents, nor have we committed any business torts. Sidense has patiently taken the high road in defending itself for the past two and one-half years against these baseless allegations. Our diligent approach has finally paid off. We have so many people to thank for these wins, including our team at Sidense, our customers, our investors, our partners, and last, but not least, our legal team at Kilpatrick, Townsend and Stockton."

Having prevailed on all of Kilopass' claims, Sidense will now seek to recover its attorneys' fees and costs for having to defend against Kilopass' baseless allegations.

About Sidense Corp.

Sidense Corp. provides secure, very dense and reliable non-volatile, one-time programmable (OTP) memory IP for use in standard-logic CMOS processes with no additional masks or process steps required. The Company's innovative one-transistor 1T-Fuse™ architecture provides the industry's smallest footprint, most reliable and lowest power Logic Non-Volatile Memory (LNVM) IP solution. With over 100 patents granted or pending, Sidense OTP provides a field-programmable alternative solution to Flash, mask ROM and eFuse in many OTP and MTP applications.

Sidense SiPROM, SLP and ULP memory products, embedded in more than 240 customer designs, are available from 180nm down to 28nm and are scalable to 20nm and below. The IP is offered at and has been adopted by all top-tier semiconductor foundries and selected IDMs. Customers are using Sidense OTP for analog trimming, code storage, encryption keys such as HDCP, WHDI, RFID and Chip ID, medical, automotive, and configurable processors and logic. For more information, please visit www.sidense.com.