Winbond Electronics Licenses MOSAID Patent Portfolio
MOSAID's 8th license sets two precedents: first Taiwanese licensee and first running royalty rate agreement
OTTAWA, Ontario - April 25, 2003 - MOSAID Technologies Incorporated (TSE:MSD) today announced that it has signed a 5-year, worldwide, non-exclusive, royalty bearing patent licensing agreement with Winbond Electronics Corporation. Winbond is based in Taiwan and is recognized as one of the leading suppliers of DRAM products in the world. The agreement grants Winbond a license to use MOSAID's patents in all DRAM products which are sold under its brand name worldwide.
"This agreement is an important achievement for MOSAID since Winbond Electronics is our first running royalty term licensee, as well as the first Taiwanese company to license our patents. Taiwanese manufacturers are rapidly becoming leading suppliers of semiconductor products in the global DRAM market, accounting for 14.3% in 2002 compared to 8.4% in 2001 according to Dataquest," said George Cwynar, President and Chief Executive Officer for MOSAID. "This announcement further affirms the value of our patent portfolio as well as the strength of our licensing program."
MOSAID believes all companies that manufacture mainstream DRAM products, including single and double data rate (DDR) synchronous DRAM, as well as Rambus® DRAM, use its patented circuit technology. MOSAID has also found its patented circuit technology incorporated in the embedded DRAM products of a number of major semiconductor manufacturers.
To date, MOSAID has signed eight patent licensing agreements with many leading semiconductor manufacturers including Fujitsu, NEC, Toshiba, Hitachi, Mitsubishi Electric, Oki Electric, Matsushita Electric and Winbond Electronics. MOSAID's ability to broaden its licensing opportunities is supported by its growing portfolio of 486 patents issued and pending. There are currently a total of 12 semiconductor manufacturers on notice for patent infringement and MOSAID is engaged in licensing discussions with several of these companies.
About Winbond Electronics
Winbond Electronics was established in 1987 in the Hsinchu Science-based Industrial Park, Taiwan. The Company is the largest brand IC provider in Taiwan and currently has a total of about 4,600 employees. Winbond's main product lines include Consumer & Speech Ics, Data Communication Ics, Foundry Services Memory Ics, Microcontroller Ics, Multimedia Ics, Peripheral Device Ics, Personal Computer Ics, Telephony Ics and Visual Communication Ics.
For more information, visit the Company's website at www.winbond.com
About MOSAID
MOSAID Technologies Incorporated is an independent semiconductor company operating through three divisions:
- Semiconductor - a fabless provider of networking chips
- Intellectual Property - a licensor of intellectual property to semiconductor manufacturers worldwide
- Systems - the leading supplier of engineering memory test and analysis systems to memory manufacturers, foundries and fabless chip companies.
Founded in 1975, MOSAID is based in Ottawa, Ontario, Canada, with offices in Santa Clara, California; Newcastle upon Tyne, U.K; and Tokyo, Japan.
Forward Looking Information
This document may contain forward-looking statements relating to the Company's operations or to the environment in which the Company operates. Such statements are based on current expectations that are subject to a variety of risks and uncertainties that are difficult to predict and/or beyond MOSAID's control. Actual results may differ materially from those expressed in any forward-looking statements, due to factors such as customer demand and timing of purchasing decisions, product and business mix, competitive products, pricing pressures as well as general economic and industry conditions. MOSAID assumes no obligation to update these forward-looking statements, or to update the reasons why actual results could differ from those reflected in any forward-looking statements. Additional information identifying risks and uncertainties is contained in other public filings with the Ontario Securities Commission.
MOSAID's 8th license sets two precedents: first Taiwanese licensee and first running royalty rate agreement
OTTAWA, Ontario - April 25, 2003 - MOSAID Technologies Incorporated (TSE:MSD) today announced that it has signed a 5-year, worldwide, non-exclusive, royalty bearing patent licensing agreement with Winbond Electronics Corporation. Winbond is based in Taiwan and is recognized as one of the leading suppliers of DRAM products in the world. The agreement grants Winbond a license to use MOSAID's patents in all DRAM products which are sold under its brand name worldwide.
"This agreement is an important achievement for MOSAID since Winbond Electronics is our first running royalty term licensee, as well as the first Taiwanese company to license our patents. Taiwanese manufacturers are rapidly becoming leading suppliers of semiconductor products in the global DRAM market, accounting for 14.3% in 2002 compared to 8.4% in 2001 according to Dataquest," said George Cwynar, President and Chief Executive Officer for MOSAID. "This announcement further affirms the value of our patent portfolio as well as the strength of our licensing program."
MOSAID believes all companies that manufacture mainstream DRAM products, including single and double data rate (DDR) synchronous DRAM, as well as Rambus® DRAM, use its patented circuit technology. MOSAID has also found its patented circuit technology incorporated in the embedded DRAM products of a number of major semiconductor manufacturers.
To date, MOSAID has signed eight patent licensing agreements with many leading semiconductor manufacturers including Fujitsu, NEC, Toshiba, Hitachi, Mitsubishi Electric, Oki Electric, Matsushita Electric and Winbond Electronics. MOSAID's ability to broaden its licensing opportunities is supported by its growing portfolio of 486 patents issued and pending. There are currently a total of 12 semiconductor manufacturers on notice for patent infringement and MOSAID is engaged in licensing discussions with several of these companies.
About Winbond Electronics
Winbond Electronics was established in 1987 in the Hsinchu Science-based Industrial Park, Taiwan. The Company is the largest brand IC provider in Taiwan and currently has a total of about 4,600 employees. Winbond's main product lines include Consumer & Speech Ics, Data Communication Ics, Foundry Services Memory Ics, Microcontroller Ics, Multimedia Ics, Peripheral Device Ics, Personal Computer Ics, Telephony Ics and Visual Communication Ics.
For more information, visit the Company's website at www.winbond.com
About MOSAID
MOSAID Technologies Incorporated is an independent semiconductor company operating through three divisions:
- Semiconductor - a fabless provider of networking chips
- Intellectual Property - a licensor of intellectual property to semiconductor manufacturers worldwide
- Systems - the leading supplier of engineering memory test and analysis systems to memory manufacturers, foundries and fabless chip companies.
Founded in 1975, MOSAID is based in Ottawa, Ontario, Canada, with offices in Santa Clara, California; Newcastle upon Tyne, U.K; and Tokyo, Japan.
Forward Looking Information
This document may contain forward-looking statements relating to the Company's operations or to the environment in which the Company operates. Such statements are based on current expectations that are subject to a variety of risks and uncertainties that are difficult to predict and/or beyond MOSAID's control. Actual results may differ materially from those expressed in any forward-looking statements, due to factors such as customer demand and timing of purchasing decisions, product and business mix, competitive products, pricing pressures as well as general economic and industry conditions. MOSAID assumes no obligation to update these forward-looking statements, or to update the reasons why actual results could differ from those reflected in any forward-looking statements. Additional information identifying risks and uncertainties is contained in other public filings with the Ontario Securities Commission.
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