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Seoul Semiconductor filed a defamation lawsuit against Nichia

(PresseBox) (Seoul,Korea, ) Seoul Semiconductor (KOSDAQ: 046890) filed a defamation lawsuit against Nichia Corporation based upon Nichia’s false statements on N.D. Cal Case ("Design Case") with Central District Court in Seoul, Korea on January 7, 2008, seeking compensation for damages for defamation in the amount of 0,5 billion won (531.000 dollars) against Nichia.

The product, Nichia has insisted, which is infringing their patents in the US design patent lawsuit is limited to the model number 902, which is one of side view LEDs at 0.7 mm of thickness for backlights for LCDs of mobile phones, etc. The discontinuation of the product was already announced to the public.

Seoul has endured, thus far, Nichia’s false and misrepresenting statement and libel, which are not the very heart of the patent issue, but it finally concluded that the only way to deter on-going Nichia’s false statements and to protect truth all over the world is to file a lawsuit, which would show SSC’s firm resolution.

Last year, SSC sent a courtesy letter to give Nichia an opportunity to correct its own false statements, however, Nichia replied by filing a defamation lawsuit against SSC rather than regretting its wrongful activities.

Nichia, at the beginning, claimed the payment of damages for the amount of millions of dollars in the US design patent lawsuit. Here are key examples of false statements that Nichia has made to the public:

1. "$250 mill. damage award rather than $62 mill." (Untrue)
2. "The injunction will ban the sale of 902 LEDs and any other Seoul products that infringes Nichia’s patents"(Untrue).

Seoul Semiconductor cannot get along with Nichia’s false and wrongful activities anymore. Seoul Semiconductor is taking any and all necessary steps to prevent Nichia from its further distortion in world public.

As a world leading company, Seoul Semiconductor has relied for its success on the truth and company’s morality in the world. Seoul Semiconductor has fulfilled its candor and duty as a public company, which Nichia is not, to protect investors and provide a better value to the world.

Seoul Semiconductor Europe GmbH

Seoul Semiconductor, the world’s leading LED manufacturer, has been named to Forbes and Business Weeks lists as one of the most promising Asian companies. Its product, Acriche, was recently named as "Product of the Year 2006" by Elektronik, one of the most prestigious electronics magazines in Europe. Seoul semiconductors primary business areas are LED packaging and custom module manufacturing. It provides a full range of LED products including AC-driven semiconductor light source, Acriche, High-brightness Power, Side View, Top, Chip, Lamp and High Flux LEDs, and custom type modules. Applications for the company’s LED products include general lighting, signage, back lighting for mobile phones, TVs, notebook computers, automotive lighting, home appliances, signals, etc. Seoul Semiconductor reported US$200 million in sales in 2006. It has 1,251 patents and 100 licenses as of June 30, 2007. Seoul Semiconductor has 18 branches including 3 overseas corporate offices. Its products are also represented worldwide by more than 90 distributors.