CUPERTINO, Calif. – Jan. 28 2009 – Alliacense today announced that Imation Corp. has purchased a Fast Logic™ Portfolio license from The TPL Group. Imation is a leading global developer and marketer of branded products that enable people to capture, save and enjoy digital information.
“We welcome Imation as one of our first Fast Logic licensees, and we look forward to Fast Logic technologies playing a key role in the innovative products they bring to market,” stated Joe Minville, VP of Licensing for Alliacense. Noting the widespread use of the Fast Logic technology, he added, “Fast Logic licensing opportunities are being discussed with dozens of other companies worldwide.”
The Fast Logic Portfolio protects innovative design techniques that have enabled many past and currently available consumer and commercial products to achieve significant performance advantages. The related patents are fundamental to dozens of microprocessor-based key features and benefits in contemporary electronic products ranging from mobile phones, personal computers and servers to automotive systems, scientific instruments and medical equipment.
About the Fast Logic Portfolio
The Fast Logic Portfolio contains intellectual property that was initially developed by Thunderbird Technologies of Morrisville, NC. The Fast Logic Portfolio includes many popular design techniques for the implementation of high-speed logic circuits that improve the speed, power consumption, and noise immunity of digital CMOS based integrated circuits. The Fast Logic Portfolio technologies are used widely in the memory and logic circuits on which modern microprocessor-based systems rely. After pursuing the technologies for over a decade, Thunderbird entered into a joint venture with TPL in 2007 to strengthen and extend their R&D efforts as well as to commercialize the proprietary Fast Logic Portfolio technologies.
About Imation Corp.
Imation is a leading global developer and marketer of branded offerings that enable people to capture, save and enjoy digital information. Imation’s world-class portfolio of digital storage products, audio and video electronics, and accessories reaches customers through a powerful global distribution network. Imation’s goal is a company with strong commercial and consumer businesses and continued long-term growth and profitability that creates shareholder value. Imation Corp.’s global brand portfolio, in addition to the Imation brand, includes the Memorex brand, one of the most widely recognized names in the consumer electronics industry, famous for the slogan, “Is it live or is it Memorex?” and the XtremeMac brand. Imation is also the exclusive licensee of the TDK Life on Record brand, one of the world’s leading recording media brands. Additional information about Imation is available at www.imation.com.
Alliacense is a TPL Group Enterprise executing best-in-class design and implementation of Intellectual Property (IP) licensing programs. As a cadre of IP licensing strategists, technology experts, and experienced business development/management executives, Alliacense focuses on expanding the awareness and value of TPL’s IP portfolios. Founded in 1988, The TPL Group has emerged as a coalition of high technology enterprises involved in the development, management and commercialization of proprietary product technologies as well as the design, manufacture and sales of proprietary products based on those technologies and corresponding IP assets. For more information, visit www.alliacense.com.
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Alliacense and Fast Logic are trademarks of Technology Properties Limited (TPL).
All other trademarks belong to their respective owners.