PDSN Powerdsine

PowerDsine Ltd. (Nasdaq:PDSN), a pioneer in Power over Ethernet (PoE) solutions, announced today that it has settled its litigation with Phihong USA Corporation and its parent company Phihong Technology Company Ltd. and, as part of the settlement, PowerDsine granted Phihong a license to use its U.S. patent number 6,473,608 in connection with the manufacture and sale of Midspan PoE products. PowerDsine had commenced an action before the Federal District Court for the Eastern District of New York alleging that certain products produced and/or sold by Phihong infringe PowerDsine's Midspan technology patent. Following settlement discussions, the two companies reached an amicable settlement which includes a license for Phihong to use PowerDsine's PoE Midspan technology. "We are very pleased to reach an amicable settlement and licensing agreement with Phihong," said Mr. Simon Kahn, PowerDsine's Director of Intellectual Property. "This settlement is part of PowerDsine's intellectual property licensing strategy, which includes partnering with companies that want to take an active role in the Power over Ethernet market." PowerDsine's U.S. patent 6,473,608 addresses an Ethernet LAN, in which "power enabled" elements are detected so that current limited power can be distributed safely via spare pairs of the data Ethernet cabling infrastructure to those elements without affecting legacy devices. The patent covers PoE Midspan products that connect to an Ethernet switch in order to PoE-enable an enterprise network. PowerDsine has been granted similar patents in China, Taiwan, Singapore, Australia, New Zealand and South Africa. These patents protect the same claims covered by the foregoing United States patent. In addition, PowerDsine has patent applications covering this technology pending in five countries and Europe. About Power over Ethernet Technology PoE is a technology for wired Ethernet, the most widely installed local area network technology in use today. PoE allows the electrical power necessary for the operation of each end-device to be carried by data cables rather than by separate power cords. It minimizes the number of wires that must be used in order to install the network, resulting in lower cost, less downtime, easier maintenance and greater installation flexibility. About PowerDsine PowerDsine (NASDAQ:PDSN) designs, develops and supplies integrated circuits, modules and systems that enable the implementation of Power over Ethernet in local area networks, providing the capability to deliver and manage electrical power over data network cables. PowerDsine offers integrated products and system solutions to communications equipment manufacturers in the telecom and datacom industries who incorporate them into, or bundle them with, their products. PowerDsine is a founding member of the IEEE 802.3af Task Force. For more information, please visit http://www.powerdsine.com Forward Looking Statements Statements made in this press release that are not historical facts, including statements regarding our expectations of future events or our future financial performance, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions about PowerDsine and the matters covered in this release. You should not place undue reliance on these statements. Actual events or results may differ materially. Many factors may cause our actual results to differ materially from any forward looking statement, including acceptance of new products, costs relating to such products and other factors detailed in PowerDsine's filings with the Securities and Exchange Commission, including its Registration Statement on Form F-1. The forward-looking statements are made as of this date and PowerDsine does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. PowerDsine is a registered trademark of PowerDsine Ltd. All other trade names are the property of their respective owners.