9/13/2002 - SimpleTech and DPAC Technologies announced that the patent and trade secret lawsuit pending in the Federal District Court for the Central District of California has been dismissed without prejudice by joint stipulation of SimpleTech and DPAC. SimpleTech filed the lawsuit in February 2001 and DPAC subsequently filed a counterclaim. The lawsuit was scheduled for trial in June 2003. A dismissal without prejudice allows for the potential refiling of a lawsuit in the future.
About SimpleTech (www.simpletech.com)
SimpleTech, Inc. is a technology solutions provider offering products based on DRAM, SRAM and Flash memory technologies. Headquartered in Santa Ana, Calif., the company is a leader in the design, development, manufacturing and marketing of custom and standard memory solutions.
About DPAC Technologies (www.DPACTech.com)
Based in Garden Grove, California, DPAC Technologies provides patented component packaging technology to create high-density, space-saving surface mount electronic components. DPAC's products are used in electronic circuits found in network servers, computer storage devices, guidance systems, medical instrumentation, and communication devices. The Company provides outsourced engineering design services to aid customers in creating cost-saving circuit designs as well as contract manufacturing of prototype designs and medium volume production runs of assembled circuit boards.
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