Tuesday, August 3, 2010

ChipMOS and Fulcrum reach settlement agreement

HSINCHU, TAIWAN: ChipMOS TECHNOLOGIES (Bermuda) Ltd announced that its subsidiaries, ChipMOS TECHNOLOGIES INC. and ChipMOS USA, Inc. 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.

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