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2024'11.23.Sat
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2007'06.23.Sat
Actions and SigmaTel Settle All Patent Litigation and Enter into Cross-License Agreement
June 21, 2007


Actions' Entire Product Portfolio Now Available for
Shipment to U.S. Without Restrictions


    ZHUHAI, China, June 21 /Xinhua-PRNewswire/ -- Actions
Semiconductor Co., Ltd. (Nasdaq: ACTS), one of China's
leading fabless semiconductor companies, today announced
that it has settled all outstanding litigation worldwide
with SigmaTel, Inc. (Nasdaq: SGTL). 

    Under terms of the settlement agreement, all
outstanding claims and counterclaims in the lawsuits in
which the two companies have been engaged will be dismissed
with prejudice. Both companies also agreed to not pursue
possible third party IP infringements or new legal actions
against each other and their respective customers for three
years. 

    Additionally, Actions and SigmaTel entered into a
comprehensive 
cross-license agreement covering patents owned or
controlled by either party or its subsidiaries.
Consequently, all of Actions' current and future products
may now be imported into the U.S. market without
restrictions.

    "We are pleased to have reached a mutually
beneficial agreement that advances the long-term interests
of both companies," commented Mr. Nan-Horng Yeh, Chief
Executive Officer of Actions Semiconductor. "The
agreement lays the groundwork for fair competition and
validates the strength of our intellectual property
portfolio." 

    About Actions Semiconductor

    Actions Semiconductor is one of China's leading fabless
semiconductor companies that provides mixed-signal and
multimedia SoC solutions for portable consumer electronics.
Actions Semiconductor products include SoCs, firmware,
software, solution development kits, as well as detailed
specifications of other required components and the
providers of those components. Actions Semiconductor also
provides total product and technology solutions that allow
customers to quickly introduce new portable consumer
electronics to the mass market in a cost effective way. The
company is headquartered in Zhuhai, China, with offices in
Beijing and Shenzhen. For more information, please visit
the Actions Semiconductor website at
http://www.actions-semi.com.

    "Safe Harbor" Statement Under the Private
Securities Litigation Reform Act of 1995 

    Statements contained in this release that are not
historical facts are forward-looking statements, as that
term is defined in the Private Securities Litigation Reform
Act of 1995. Forward-looking statements, including financial
projections and forecasts, involve risks and uncertainties
that could cause Actions Semiconductor's actual results to
differ materially from our current expectations. Factors
that could cause Actions Semiconductor's results to differ
materially from those set forth in these forward-looking
statements include customers' cancellation or modification
of their orders; our failure to accurately forecast demand
for our products; the loss of, or a significant reduction
in orders from, any of our significant customers;
fluctuations in our operating results; our inability to
develop and sell new products; defects in or failures of
our products; the expense and uncertainty involved in our
customer design-win efforts; the financial viability of the
distributors of our products; consumer demand; worldwide
economic and political conditions; fluctuations in our
costs to manufacture our products; our reliance on third
parties to manufacture, test, assemble and ship our
products; our ability to retain and attract key personnel;
our ability to compete with our competitors; and our
ability to protect our intellectual property rights and not
infringe the intellectual property rights of others. Other
factors that may cause our actual results to differ from
those set forth in the forward-looking statements contained
in this press release and that may affect our prospects in
general are described in our filings with the Securities
and Exchange Commission, including our Registration
Statement on Form F-1 related to our initial public
offering and secondary offering. Actions Semiconductor
undertakes no obligation to update or revise
forward-looking statements to reflect subsequent events or
changed assumptions or circumstances.

    For More Information
    Investor Contacts:

    Lisa Laukkanen                                
    The Blueshirt Group for Actions Semiconductor 
    lisa@blueshirtgroup.com                       
    +1-415-217-4967               

    Chung Hsu
    Investor Relations at Actions
    chung@actions-semi.com                 
    +86-756 3392 353 *1015

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