|Court Denies Extraordinary Remedy|
GigOptix Lawsuit To Proceed To Trial
The Court did not address the merits of GigOptix' claims against the defendants in denying the motion. While the Court did not provide its reasoning for denial of the motion, the Court did say that:
"[a] party seeking a preliminary injunction 'ordinarily is required to present evidence of the irreparable injury or interim harm that it will suffer if an injunction is not issued pending an adjudication of the merits.'"
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including the bringing of products to market with full documentation. Such statements contain words such as "will," and "expect," or the negative thereof or comparable terminology, and include (without limitation) statements regarding trial and other events in the litigation. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in any such statement. These risks include, but are not limited to: our ability to enforce intellectual property rights and the likelihood of success in doing so. Additional factors that could cause actual results to differ are discussed under the heading "Risk Factors" and in other sections of GigOptix' filings with the