HSINCHU, Aug. 2 /PRNewswire-Asia/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. (the "Company") (Nasdaq: IMOS) today announced its subsidiaries, ChipMOS TECHNOLOGIES INC. and ChipMOS U.S.A., Inc. (hereinafter together referred to as "ChipMOS"), have reached an official global settlement agreement with Fulcrum Credit Partners LLC. The terms of the settlement are confidential. Both ChipMOS and Fulcrum will withdraw all complaints and claims against each other, group entities and any other parties covered in the prior filings in Texas and California. Fulcrum's complaint against ChipMOS in Texas was previously disclosed in the Company's January 14, 2010 press release.
About ChipMOS TECHNOLOGIES (Bermuda) LTD.:
ChipMOS (http://www.chipmos.com ) is a leading independent provider of semiconductor testing and assembly services to customers in Taiwan, Japan, and the U.S. With advanced facilities in Hsinchu and Southern Taiwan Science Parks in Taiwan and Shanghai, ChipMOS and its subsidiaries provide testing and assembly services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries.
Forward-Looking Statements
Certain statements contained in this announcement may be viewed as "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company's most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") and in the Company's other filings with the SEC.
Contacts:
In Taiwan
Dr. S.K. Chen
ChipMOS TECHNOLOGIES (Bermuda) LTD.
Tel: +886-6-507-7712
Email: s.k._chen@chipmos.com
In the U.S.
David Pasquale
Global IR Partners
Tel: +1-914-337-8801
Email: dpasquale@globalirpartners.com
Source: ChipMOS TECHNOLOGIES (Bermuda) LTD.
