Netlist Receives Favorable Order Against Samsung in US District Court

IRVINE, CA / ACCESSWIRE / August 3, 2022 / Netlist, Inc. (OTCQB:NLST) today announced that the United States District Court for the District of Delaware (the Court) issued an Order granting in part Netlist's motion for dismissing Samsung's First Amended Complaint and denying Samsung's request to file a Second Amended Complaint.

The Court issued a written opinion supporting the Order, and dismissed Samsung's Counts IV, V, VI, VII, X, and XI from the case. The partial dismissal means Samsung cannot pursue a separate action on the patents Netlist first asserted in Texas, and now cannot carry out its alleged obligation to protect Google from the ‘912 Patent in Delaware. In addition, Samsung voluntarily withdrew its Motion to Sever and Stay the case that Netlist brought in the Eastern District of Texas.

Jayson Sohi, Netlist's Director of IP Strategy, said, "We are pleased Judge Andrews dismissed half of the pending claims from Samsung's Delaware lawsuit, including the ‘912 claim. We look forward to continue defending our intellectual property rights in the remaining portion of this case."

Separately, following the Order, Netlist filed a complaint against Samsung in the Eastern District of Texas for Samsung's infringement of the ‘912 Patent.

About Netlist
Netlist provides high-performance solid state drives and modular memory solutions to enterprise customers in diverse industries. The Company's NVMe™ SSDs in various capacities and form factors and the line of custom and specialty memory products bring industry-leading performance to server and storage appliance customers and cloud service providers. Netlist licenses its portfolio of intellectual property including patents, in server memory, hybrid memory and storage class memory, to companies that implement Netlist's technology. To learn more, visit www.netlist.com.

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For more information, please contact:
Investors/Media
The Plunkett Group
Mike Smargiassi
NLST@theplunkettgroup.com
(212) 739-6729

SOURCE: Netlist, Inc.