Business Services Industry

Quickturn Design Systems Announces Major Court Win Over Aptix Corporation; U.S. District Court Dismisses Antitrust Suit Against Quickturn

Business Wire, August 31, 1998

SAN JOSE, Calif.--(BUSINESS WIRE)--Aug. 31, 1998--Quickturn Design Systems, Inc. (NASDAQ:QKTN) today announced that on August 27, 1998, Judge Jeremy Fogel of the U.S. District Court for the Northern District of California, granted Quickturn's motion for summary judgment and dismissed Aptix's antitrust suit against Quickturn.

Aptix Corporation's November 1996 suit specifically alleged violations of certain antitrust laws and asked for monetary damages and a dedication of certain Quickturn patents to the public and/or the granting of a forced license to Aptix under those patents.

Quickturn Design Systems, Inc. (NASDAQ:QKTN) is the leading provider of verification products and time-to-market engineering (TtME(tm)) services for the design of complex ICs and electronic systems. The company's products are used worldwide by developers of high-performance computing, multimedia, graphics and communications systems. Quickturn is headquartered at 55 W. Trimble Road, San Jose, CA 95131-1013; Telephone: 408-914-6000. For more information, visit the Quickturn website at www.quickturn.com or send e-mail to info@quickturn.com.

Note to Editors: Quickturn, the Quickturn logo and TtME are registered trademarks or trademarks of Quickturn Design Systems, Inc. All other trademarks are the property of their respective owners.

CONTACT: Quickturn

Joan Powell, 408/914-6701

or

VitalCom

Scott Seiden/Lou Covey, 650/637-8212

COPYRIGHT 1998 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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