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Press ReleaseRambus And Intel Sign New Comprehensive Patent Cross-License Agreement
Los Altos and Santa Clara, California, United States - 09/17/2001 Rambus Inc. (Nasdaq:RMBS) and Intel Corporation today signed a comprehensive patent cross-license agreement that supersedes the prior agreement between the companies. The new cross-license provides complete patent coverage to Intel for all patents while providing Rambus license coverage necessary for Rambus' high-speed interface businesses. The agreement will have positive material impact on Rambus' current financial quarter that Rambus will discuss during its conference call and web cast at 6 a.m. PDT. Specific terms of the agreement are confidential. "We have had a long and mutually beneficial relationship with Intel," said Geoff Tate, Rambus' chief executive officer. "As an R&D hub for high-speed interfaces, Rambus' objective is to produce innovations that will benefit the semiconductor and system industries, and by licensing these innovations to generate a return on our investment to our shareholders. We believe the RDRAM standard is the best solution for the majority of the market and our top priority. But as evidenced by this license with Intel, we are pleased to license our other memory, communications and backplane inventions as well." "This broad agreement will help Intel continue to be a leader in providing high-performance chipsets," said Craig Barrett, Intel president and chief executive officer. "We also look forward to continued cooperation with Rambus in the further development of RDRAM-compatible chipsets and communications chips as well as the company's support of InfiniBand* and future initiatives." Rambus and RDRAM are registered trademarks of Rambus Inc. Intel is a trademark or registered trademark of Intel Corporation or its subsidiaries in the United States and other countries. * Other trademarks that may be mentioned in this release are the intellectual property of their respective owners. About Intel CorporationIntel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at http://www.intel.com/pressroom.
About Rambus Inc.Rambus is one of the world's premier technology licensing companies specializing in the invention and design of high-speed chip interfaces. Since its founding in 1990, the Company's patented innovations, breakthrough technologies and renowned integration expertise have helped industry-leading chip and system companies bring superior products to market. Rambus' technology and products solve customers' most complex chip and system-level interface challenges enabling unprecedented performance in computing, communications and consumer electronics applications. Rambus licenses both its world-class patent portfolio as well as its family of leadership and industry-standard interface products. Headquartered in Los Altos, California, Rambus has regional offices in North Carolina, India, Germany, Japan and Taiwan. Additional information is available at www.rambus.com.
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