CIC Presentation:

https://youtu.be/D3HEltp3OYY?t=1574

26:13 – Once we enable a foundry like TSMC, GlobalFoundries etc., they take our Process Development Kit that we have done with Synopsys, they develop libraries that are specific to their flow and their foundry. They build basically test chips, they measure the performance, and they back-annotate the performance in the libraries that are then given to the designers to do their device and tapeout their chip back to manufacture.

26:47 – When they give the libraries to their customers, that’s a design kit from a foundry perspective, and we would want some royalties on those design kits, and then royalties on a per-device basis shipped from that foundry to their customers. Or the case where we have licensed the technology to an end customer directly, they would give us royalty on a per-chip basis that they have enabled in a smartphone or a tablet and the likes.

27:23 – We expect revenue and industry partnership in 2015, so this is something you should look forward to, coming from POET.