Daewoo Electronics Purchases Moore Microprocessor Patent Portfolio License
CUPERTINO, Calif.-- December 4, 2007--Alliacense today announced that Daewoo Electronics Corporation has purchased a Moore Microprocessor Patent™ (MMP) Portfolio license from The TPL Group. Daewoo Electronics becomes the first Korean licensee to purchase an MMP license, and the 24th licensee to date.
“Daewoo will benefit significantly by their decisive action to purchase an MMP License,” said Carl Silverman, Vice President, Licensing for Alliacense. “Daewoo joins a long and growing list of forward-thinking companies who have been agile enough to secure a significant jump on their competition.”
While the MMP Portfolio Licensing Program has been in place for over two years, 20% of the license purchases have followed the favorable “Markman” ruling issued earlier this summer, confirming the strength of the MMP Portfolio, and enhancing the momentum of the Licensing Program.
The sweeping scope of applications using MMP design techniques continues to encourage manufacturers of end user products from around the globe to become MMP licensees. Since January 2006, HP, Casio, Fujitsu, Sony, Nikon, Seiko Epson, Pentax, Olympus, Kenwood, Agilent, Lexmark, Schneider Electric, NEC Corporation, Funai Electric, SanDisk, Sharp Corporation, Nokia, Bull, LEGO, Denso Wave, Philips, and TEAC have all purchased MMP Portfolio licenses.
About the MMP Portfolio
The Moore Microprocessor Patent Portfolio contains intellectual property that is jointly owned by the privately-held TPL Group and publicly-held Patriot Scientific Corporation (OTCBB:PTSC). The portfolio includes seven U.S. patents as well as their European and Japanese counterparts. It is becoming widely recognized that the jointly-owned patents protect fundamental technology used in designing microprocessors, microcontrollers, digital signal processors (DSPs), embedded processors and system-on-chip (SoC) devices. Manufacturers of microprocessor-based products can learn more about how to participate in the MMP Portfolio Licensing Program by contacting: mmp-licensing@alliacense.com.
About Daewoo Electronics
Daewoo Electronics Corporation is an industry leading manufacturer of high-quality, cutting-edge and environmentally friendly consumer electronics designed for the whole family to enjoy. The company is one of South Korea's largest makers and exporters of TVs (digital, high-definition), DVD players and recorders, VCRs, and portable video recorders. The firm also makes home appliances (microwave ovens, refrigerators, washing machines, vacuum cleaners, and air conditioners). Daewoo Electronics has operations in more than 40 countries, including five plants in Korea, as well as research centers in Europe and North America. A truly international company, Daewoo Electronics sells its products in over 100 countries, and now generates over 80 percent of its total sales from overseas.
About Alliacense
Alliacense is a TPL Group Enterprise executing best-in-class design and implementation of Intellectual Property (IP) licensing programs. As a cadre of IP licensing strategists, technology experts, and experienced business development/management executives, Alliacense focuses on expanding the awareness and value of TPL’s IP portfolios. Founded in 1988, The TPL Group has emerged as a coalition of high technology enterprises involved in the development, management and commercialization of proprietary product technologies as well as the design, manufacture and sales of proprietary products based on those technologies and corresponding IP assets. For more information, visit www.alliacense.com.
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