Form 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K

 


 

CURRENT REPORT

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)

 


 

Delaware   000-51026   77-0466789

(State or other jurisdiction of

incorporation or organization)

  (Commission File Number)  

(I.R.S. Employer

Identification Number)

 

983 University Avenue, Building A

Los Gatos, California 95032

(Address of principal executive offices) (Zip Code)

 

(408) 357-6600

(Registrant’s 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.

 

Exhibit

   

Description


9.01 (c)(1)   Press release issued on December 6, 2004.

 

2


SIGNATURES

 

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


        Tim Christoffersen,
       

Chief Financial Officer and Secretary

(Principal Financial and Accounting Officer and Duly

Authorized Officer)

 

3


Index to Exhibits

 

Exhibit

 

Description


9.01(c)(1)   Press release issued on December 6, 2004.

 

4

Press release

EXHIBIT 9.01(c)(1)

 

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 Micrel’s 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 Micrel’s trade secrets, alleged breach of confidentiality agreements by Messrs. Hsing and Moyer (both former employees of Micrel), and alleged violation of California’s Unfair Competition Law. The amended complaint also adds Messrs. Hsing and Moyer as defendants. Micrel’s amended complaint adds requests for damages attributable to the alleged misappropriation of Micrel’s trade secrets and alleged violation of the confidentiality agreements; for injunctive relief to prevent our future use of Micrel’s 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 Micrel’s 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.