Re: Wall street 101 from theHP aggreement Jan 2006
posted on
Jun 21, 2007 05:14AM
Item 8.01 Other Events
On January 24, 2006, the Company announced that Hewlett-Packard (HP) has become
the first system manufacturer to purchase a license to use intellectual property
protected by the Moore Microprocessor Patent(tm) (MMP) Portfolio, of which the
Company is a co-owner. The MMP Portfolio Licensing Program as managed by
Alliacense currently rewards first movers in their industry sector with
significant discounts. The HP transaction involved such a discount. The Company
received a distribution of approximately $10,116,000.00 from the HP transaction.
A copy of the press release announcing the transaction is attached hereto as
Exhibit 99.1.
The Company expressly disclaims any obligation to update this press release and
cautions that it is only accurate on the date it was presented. The inclusion of
any data or statements in this press release does not signify that the
information is considered material.
Item 9.01 Financial Statements and Exhibits.