Back to top

LICENSING AGREEMENT WITH CUI, INC

License Agreement

LICENSING AGREEMENT WITH CUI, INC | Document Parties: CUI, INC | OnScreen Technologies(tm), Inc You are currently viewing:
This License Agreement involves

CUI, INC | OnScreen Technologies(tm), Inc

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.
Title: LICENSING AGREEMENT WITH CUI, INC
Date: 1/18/2007
Industry: Advertising     Sector: Services

LICENSING AGREEMENT WITH CUI, INC, Parties: cui  inc , onscreen technologies(tm)  inc
50 of the Top 250 law firms use our Products every day

 

Exhibit 99.1

 

ONSCREEN SIGNS WAYCOOL LICENSING AGREEMENT WITH CUI, INC.

 

Manufacturer of Power Supply Solutions to Integrate OnScreen’s Revolutionary Thermal Cooling Technology into Existing Product Line

 

Companies Agree to Co-Develop Next Generation

Cooling Solutions

 

PORTLAND, OR   (BUSINESS WIRE) - January 16, 2007 -  OnScreen Technologies , Inc. ( OTCBB:ONSC) , a leader in cutting edge thermal management technology solutions and LED signage, announced that is has signed a multi-year licensing agreement with CUI, Inc., an Oregon-based designer, manufacturer and distributor of electronic components with 2.2 million subscribers, , allowing CUI to integrate OnScreen’s proprietary WayCool thermal management technology into Power Supply Units (“PSU”) CUI is currently producing for application in a wide range of electronic devices.

 

The terms and conditions of the licensing agreement provide for CUI to pay OnScreen a royalty on unit sales of all CUI-produced PSU’s manufactured with WayCool technology. In addition, the companies have agreed to collaborate on the co-development of proprietary, next generation cooling solutions for the high-end industrial and consumer electronics industries.

 

James McKenzie, founder, President and CEO of CUI, stated, “Designers and engineers historically have endeavored to overcome the complicated temperature profile inherent in power supply systems. When factoring cumulative heat contribution from transistors, transformers, capacitors, diodes, PC boards and enclosures, it is essential that development of cooling techniques and the management framework consider the entire system. Following our assessment of WayCool’ s novel approach to thermal cooling and management, it became evident to our engineers that this was highly differentiated and cost effective technology capable of efficiently offloading heat generated in our power supply systems without costly re-engineering. We are very excited about the possibilities WayCool presents for CUI to advance its leadership in the power supply industry and look forward to leveraging WayCool to co-develop revolutionary new power supply solutions with OnScreen.”

 

Consumer electronics is the largest worldwide market for power supply and power management integrated circuits, according t


 
SITE SEARCH

AGREEMENTS / CONTRACTS

Document Title:

Entire Document: (optional)

Governing Law:(optional)


Try our advanced search >>
 

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Get Email Updates
Email:
This is only a partial view of this document. We have millions of legal documents and clauses drafted by top law firms. learn more search for free browse for free learn more