SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): December 6, 2004
MONOLITHIC POWER SYSTEMS, INC.
(Exact name of Registrant as specified in its charter)
(State or other jurisdiction of
incorporation or organization)
|(Commission File Number)|| |
983 University Avenue, Building A
Los Gatos, California 95032
(Address of principal executive offices) (Zip Code)
(Registrants telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
|¨||Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
|¨||Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)|
|¨||Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))|
|¨||Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))|
Item 8.01 Other Events
The information contained in Item 8.01 of this Current Report is being filed pursuant to Item 8.01 Other Events.
On December 6, 2004, the Registrant issued a press release attached hereto as Exhibit 9.01(c)(1).
Item 9.01 Financial Statements and Exhibits
Item 9.01 (a) Inapplicable.
Item 9.01 (b) Inapplicable.
Item 9.01 (c) Exhibits.
|9.01||(c)(1)||Press release issued on December 6, 2004.|
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|December 7, 2004||By:|| |
/s/ Tim Christoffersen
Chief Financial Officer and Secretary
(Principal Financial and Accounting Officer and Duly
Index to Exhibits
|9.01(c)(1)||Press release issued on December 6, 2004.|
MONOLITHIC POWER SYSTEMS, INC. ANNOUNCES
AMENDMENT TO MICREL COMPLAINT
December 6, 2004, 6:00 am ET
Los Gatos, California Monolithic Power Systems, Inc. (MPS) (NASDAQ: MPWR) today announced that Micrel, Incorporated (Micrel) has filed an amendment to its complaint against MPS.
In November 2004, Micrel sued us in the United States District Court for the Northern District of California alleging that our products infringe two of its patents. Michael Hsing, our Chief Executive Officer, and another of our employees are named inventors on both of Micrels patents and Jim Moyer, our Chief Design Engineer, is a named inventor on one of them.
On November 29, 2004, Micrel filed an amended complaint adding causes of action for alleged statutory and common law misappropriation of Micrels trade secrets, alleged breach of confidentiality agreements by Messrs. Hsing and Moyer (both former employees of Micrel), and alleged violation of Californias Unfair Competition Law. The amended complaint also adds Messrs. Hsing and Moyer as defendants. Micrels amended complaint adds requests for damages attributable to the alleged misappropriation of Micrels trade secrets and alleged violation of the confidentiality agreements; for injunctive relief to prevent our future use of Micrels alleged trade secrets; and for attorneys fees and costs.
Because the litigation is in a very preliminary stage, it is difficult to predict how it will proceed or what the ultimate outcome will be. We have, however, conducted an initial review of the Micrel patents and compared them with the manufacturing processes and design elements we use for our products. We have also conducted an initial review of the causes of action added by the amended complaint. Based on this initial review, we believe that we have meritorious defenses to all of Micrels claims.
About Monolithic Power Systems, Inc.:
Monolithic Power Systems is an analog and mixed-signal semiconductor company that designs, develops and markets analog and mixed-signal semiconductors.
If you have any questions, please contact Tim Christoffersen at (408) 357-6777.