PXPL Pixelplus CO Ltd (MM)

SEOUL, South Korea, June 20 /PRNewswire-FirstCall/ -- Pixelplus Co., Ltd. (NASDAQ:PXPL), a fabless semiconductor company in Korea that designs, develops, and markets CMOS image sensors for various consumer electronics applications, today announced that the Company obtained a completely positive ruling in the patent infringement proceedings from the Seoul Central District Court on three disputed process patents claimed by MagnaChip Semiconductor ("MagnaChip"). Given and including this favorable decision, since April 2006, Pixelplus has obtained completely positive rulings or results in the patent infringement proceedings on all of the seven disputed patents claimed by MagnaChip in Seoul Central District Court. Separately, in March 2008, Pixelplus obtained a completely favorable ruling in the patent infringement proceedings on the disputed color filter patent claimed by MagnaChip in Seoul High Court. About Pixelplus Co., Ltd. Pixelplus is a South Korea-based developer of high-performance, high-resolution, and cost-effective CMOS image sensors for use primarily in mobile camera phones. In addition to mobile phones, Pixelplus provides CMOS image sensors and SoC solutions for use in webcams and notebook embedded cameras, toys and games, and security and surveillance system applications. As a fabless semiconductor company, Pixelplus is focused on creating proprietary design technologies to develop CMOS image sensors with sharp, colorful and enhanced image quality, size efficiency, and low power consumption. Contact: Shane Y. Hong Pixelplus Co., Ltd. 6th Floor, Gyeonggi R&DB Center 906-5 Iui-dong, Yeongtong-gu Suwon-si, Gyeonggi-do, 443-766 Republic of Korea +82-31-888-5300 OR Taylor Rafferty: London - Emilia Whitbread at +44 (0) 20 7614 2900 New York - Jessica McCormick at +1 212 889 4350 Tokyo - Jason Wagers at +81 (0) 3 3221 9513 E-mail DATASOURCE: Pixelplus Co., Ltd. CONTACT: Shane Y. Hong of Pixelplus Co., Ltd., +82-31-888-5300; or London, Emilia Whitbread, +44-(0)-20-7614-2900, New York, Jessica McCormick, +1-212-889-4350, Tokyo, Jason Wagers, +81-(0)-3-3221-9513, , all of Taylor Rafferty for Pixelplus Co., Ltd.

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