Richardson, Texas -- April 1, 1997 -- Cyrix Corporation (NASDAQ: CYRX) today concluded legal action with Intel Corporation over the usage of the MMX™ trademark. The settlement enables Cyrix to use the MMX mark with appropriate attribution.
This agreement also extends to Cyrix�s customer base, giving its customers the freedom and safety to promote Cyrix processors, compatible with MMX technology, without the fear of litigation. This agreement puts to rest the ongoing concern between Cyrix and Intel with respect to using the MMX trademark. The two parties have agreed that Intel has certain MMX rights and Cyrix will give appropriate trademark attribution.
"This settlement is a major win for the PC industry and its users. It allows companies to adopt new technology without the ramifications of lawsuits", said Steve Tobak, vice president of corporate and channel marketing for Cyrix. "Our products speak for themselves, and we feel our customers are the true beneficiaries of this motion."
"This agreement is the result of several months of discussion between the two companies," said Peter Detkin, director of litigation for Intel Corporation. "We are gratified that both Cyrix and Intel have been able to reach an agreement which serves both our interests and ultimately benefits our customers and consumers."
Any forward-looking statements in the above release involve risks and uncertainties which could cause actual results to differ from the present anticipated results. These risks and uncertainties include but are not limited to the following: market demand and acceptance of our microprocessor products; the impact of changing economic conditions; product introductions; the verification of our microprocessor�s compatibility with industry-standard hardware and software; the maintenance of sufficient cash flow; reliance on third-parties; the impact of market peers and their products as well as risks concerning future technology; and others detailed in the Company�s Securities and Exchange Commission filings. These filings can be obtained by contacting Cyrix Investor Relations.
All brand or product names are trademarks or registered trademarks of their respective holders. MMX is a trademark of Intel Corporation.
About Cyrix
Annual Report
Press Room
Investor Relations
Careers @ Cyrix
Page Top
Product Info
Corporate Info
Contact
Index
Text Only
Home