IFX Infineon Technologies Ag

Schatz & Nobel, P.C. Announces Class Action Lawsuit Against Infineon Technologies AG HARTFORD, Conn., Oct. 1 /PRNewswire/ -- The law firm of Schatz & Nobel, P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Northern District of California on behalf of all persons who purchased the securities of Infineon Technologies AG (NYSE:IFX) ("Infineon") between March 13, 2000 and July 19, 2004 (the "Class Period"), including anyone who purchased in the March 13, 2000 or July 12, 2001 offerings of Infineon American Depository Receipts ("ADRs"). The complaint alleges that during the Class Period, Infineon violated United States securities laws by issuing false or misleading public statements. The Complaint alleges that Infineon was engaged in a conspiracy to fix the prices of Dynamic Random Access Memory ("DRAM") devices sold to original equipment manufacturers ("OEMs") of personal computers and servers. On September 15, 2004, the Associated Press issued an article which stated: "German computer chipmaker Infineon Technologies AG has agreed to plead guilty to price fixing and will pay a $160 million fine. . . . In a plea agreement filed in U.S. District Court in San Francisco, Infineon acknowledged conspiring with other companies to fix prices of widely used computer memory products between July 1999 and June 2002." If you are a member of the class, you may, no later than November 29, 2004, request that the Court appoint you as lead plaintiff of the class. A lead plaintiff is a class member that acts on behalf of other class members in directing the litigation. Although your ability to share in any recovery is not affected by the decision whether or not to seek appointment as a lead plaintiff, lead plaintiffs make important decisions which could affect the overall recovery for class members, including decisions concerning settlement. The securities laws require the Court to consider the class member(s) with the largest financial interest as presumptively the most adequate lead plaintiff(s). For more information about the case, its claims, and your rights, please contact Schatz & Nobel toll-free at (800) 797-5499, or by e-mail at . To view a copy of the lawsuit initiating the class action, or for more information about class action cases and Schatz & Nobel, please visit our website: http://www.snlaw.net/. CONTACT: Wayne T. Boulton or Nancy Kulesa Tel.: (800) 797-5499 Website: http://www.snlaw.net/ e-mail: DATASOURCE: Schatz & Nobel, P.C. CONTACT: Wayne T. Boulton or Nancy Kulesa both of Schatz & Nobel, P.C., +1-800-797-5499, Web site: http://www.snlaw.net/

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