STIPULATION & [] ORDER

RONALD M. WHYTE, District Judge.

The Parties to the above-captioned action, by and through their undersigned counsel, hereby stipulate that:

WHEREAS, on October 26, 2011, the first of three securities fraud class actions was filed against OmniVision Technologies, Inc., Anson Chan and Aurelio "Ray" Cisneros (collectively "Defendants");

WHEREAS, on February 21, 2012, the Court entered an order appointing the Institutional Investors Group as lead plaintiff, approving the Institutional Investors Group's choice of counsel and consolidating the three securities fraud class actions under the caption In re OmniVision Technologies, Inc. Securities Litigation;

WHEREAS, on April 23, 2012, the Institutional Investors Group filed Lead Plaintiff's Consolidated Class Action Complaint;

WHEREAS, on June 25, 2012, Defendants filed a motion to dismiss Lead Plaintiff's Consolidated Class Action Complaint;

WHEREAS, on October 16, 2012, a Clerk's Notice was entered scheduling a Case Management Conference for December 14, 2012 and requiring a Joint Case Management Statement be filed no later than December 7, 2012;

WHEREAS, on October 26, 2012, the Court heard argument on Defendants' motion to dismiss Lead Plaintiff's Consolidated Class Action Complaint;

WHEREAS, pursuant to the Private Securities Litigation Reform Act, discovery in this action is currently stayed;

WHEREAS, the parties agree that a Case Management Conference will be more productive if held after resolution of the pending motion to dismiss; and

WHEREAS the parties respectfully submit that in the interest of conserving judicial resources, the Case Management Conference should be vacated pending a ruling on Defendants' Motion to Dismiss.

THEREFORE, THE PARTIES HEREBY STIPULATE AND REQUEST, subject to Court approval, that the Court vacate all deadlines associated with the Clerk's Notice of October 16, 2012 and that the December 14, 2012 Case Management Conference be vacated pending a ruling on Defendants' Motion to Dismiss. Respectfully submitted,

I, Stephen R. Basser am the ECF User whose ID and password are being used to file this Stipulation and [Proposed] Order. In compliance with Civil L.R. 5-1(i)(3), I hereby attest that all signatories have concurred in this filing.

[] ORDER

Pursuant to the STIPULATION OF THE PARTIES, IT IS HEREBY ORDERED THAT:

1. The Deadlines associated with the Clerk's Notice of October 16, 2012 are vacated; and

2. The December 14, 2012 Case Management Conference is vacated, to be rescheduled following resolution of the pending motion to dismiss.

IT IS SO ORDERED.