Netlist Receives Favorable Claim Construction Order Against Samsung in US District Court for the Eastern District of Texas

- Jury Trial to Commence May 1, 2023-

IRVINE, CA / ACCESSWIRE / December 16, 2022 / Netlist, Inc. (OTCQB:NLST) today announced that the United States District Court for the Eastern District of Texas (the Court) issued a claim construction order in Netlist's Texas action against Samsung (Netlist, Inc. v. Samsung Electronics Co. Ltd., et. al., EDTX Case No. 2:21-cv-00463-JRG).

The Court held the claim construction hearing on November 4, 2022, largely adopting Netlist's arguments for a number of important claim terms at issue. Following those arguments, the Court acted in alignment with its tentative ruling when issuing the final written Order. The case is currently set for a pretrial conference on March 27, 2023, with the jury trial beginning on May 1, 2023.

Jayson Sohi, Netlist's Director of IP Strategy, said, "We are very pleased Magistrate Judge Payne entered term constructions in Netlist's favor for the vast majority of the terms at issue. We look forward to the commencement of the jury trial in May."

About Netlist

Netlist provides high-performance solid state drives and modular memory solutions to enterprise customers in diverse industries. The Company's NVMe™ SSDs in various capacities and form factors and the line of custom and specialty memory products bring industry-leading performance to server and storage appliance customers and cloud service providers. Netlist licenses its portfolio of intellectual property including patents, in server memory, hybrid memory and storage class memory, to companies that implement Netlist's technology. To learn more, visit www.netlist.com.

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For more information, please contact:

Investors/Media
The Plunkett Group
Mike Smargiassi
NLST@theplunkettgroup.com
(212) 739-6729

SOURCE: Netlist, Inc.