This excerpt taken from the SIRF 8-K filed Jun 1, 2009.
Item 8.01 Other Events.
Pursuant to a letter dated May 21, 2009, United States Customs and Border Protection (Customs) issued a determination, received by SiRF on May 29, 2009, involving the redesigned software incorporated into the GPS devices subject to the limited exclusion order issued by the United States International Trade Commission (ITC) in Investigation No. 337-TA-602.
Customs determined that SiRF has established by a preponderance of the evidence that SiRFs redesigned GPS chips fall outside of the scope of the exclusion order issued by the ITC.
As a result Customs has determined to issue instructions to United States ports not to exclude from entry into the United States the approved, redesigned GPS chips and products containing the same from SiRF.
Thus, Customs will allow the approved redesigned SiRF products, and products that contain the SiRF chips, to be imported for consumption and sale in the United States.
Forward Looking Statement
Except for the historical information contained herein, the matters set forth in this press release, including, but not limited to, statements regarding the entry into the United States of certain redesigned SiRF devices and products containing those devices, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as to and may and similar expressions are intended to identify forward-looking statements. Although SiRF may be able to enter the approved redesigned GPS devices and products containing those devices into the United States in the ordinary course of business, SiRF cannot guarantee the outcome or anticipate the benefits of such activity. These statements are not guarantees of future performance and should not be considered as an indication of future performance. SiRFs ability to enter devices and products into the United States has inherent risks and uncertainties, including, among others, the risk that we may not realize any anticipated benefit from the United States Customs and Border Protection ruling, market demand and acceptance for our redesigned products and those of our customers, risks associated with the semiconductor industry, risks of ongoing or additional litigation with Broadcom, including further attempts to pursue enforcement proceedings with the ITC against SiRF based on the redesigned chips and products or new proceedings, and other risks and uncertainties discussed in the Companys Quarterly Report on Form 10-Q for the quarter ended March 28, 2009 and from time to time in SiRFs SEC reports. These forward-looking statements speak only as of the date hereof. We do not undertake any obligation to update forward-looking statements.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated June 1, 2009