02MICRO INTERNATIONAL LIMITED ENTERS AGREEMENT WITH SANKEN ELECTRIC CO.LTD.
|O2Micro Announces Technology License Agreement with Sanken Electric Co., Ltd.|
On Saturday May 23, 2009, 4:05 am EDT
GEORGE TOWN, Grand Cayman--(BUSINESS WIRE)--O2Micro® International Limited (NASDAQ : OIIM) (SEHK: 0457 - News), a leading supplier of innovative power management and security components, today announced that it has entered into a worldwide technology license agreement relating to O2Micro’s patented inverter controller technology with Sanken Electric Co., Ltd. (“Sanken”).
Under the licensing agreement, O2Micro will license certain of its inverter controller patents to Sanken.
O2Micro’s technology includes innovative solutions relating to powering cold cathode florescent lamp backlights for liquid crystal display panels. This technology is one example from O2Micro’s portfolio of patented technologies.
O2Micro looks forward to building a successful business relationship with Sanken.
Founded in April 1995, O2Micro develops and markets innovative power management and security components for the Computer, Consumer, Industrial, and Communications markets. Products include Intelligent Lighting, Battery Management, Power Management, and SmartCardBus® products.
O2Micro International maintains an extensive portfolio of intellectual property with 11,830 patent claims granted, and over 14,000 more pending. The company maintains offices worldwide. Additional company and product information can be found on the company website at www.o2micro.com.
O2Micro, the O2Micro logo, SmartCardBus, and combinations thereof are registered trademarks of O2Micro. All other trademarks are the property of their respective owners.
Certain statements in this release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. They include statements regarding O2Micro’s future growth, long term profitability, increases in shareholder value, introduction of innovative technologies, expansion of O2Micro’s product and patent portfolios, legal expenditures, litigation activity and other statements regarding O2Micro’s or management’s intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future. Such statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in these statements. Factors that could cause actual results to differ materially include risks and uncertainties such as reduced demand for products of electronic equipment manufacturers which include O2Micro’s products due to adverse economic conditions in general or specifically affecting O2Micro’s markets, technical difficulties and delays in the development process, and errors in the products. You are also referred to the Form F-1 in connection with the company’s initial public offering in August 2000, Form F-3 in connection with the company’s public offering in November 2001, and the annual reports on Form 20-F, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The company assumes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.
Gary E. Abbott, 408-987-5920, x8888
Director of Investor Relations