MOSAID signs patent license agreement with Samsung Electronics

Posted on: Mon, 23 Nov 2009 11:00:00 EST


Symbols: SSNJY, MBTHF, MSD
Nov 23, 2009 (TELECOMWORLDWIRE via COMTEX) --
SSNJY | Quote | Chart | News | PowerRating -- Intellectual property company MOSAID Technologies Inc (TSX: MSD | Quote | Chart | News | PowerRating)
announced on Monday it has signed a worldwide non-exclusive wireless
patent license agreement with consumer electronics company Samsung
Electronics Co Ltd.

The effective date of the term license agreement is 15 November 2009.
No financial details were disclosed.

Under the terms of the patent portfolio license agreement, MOSAID has
granted Samsung a license under its patents, covering products sold by
the company's Digital Media and Communications Business, including
Wi-Fi enabled mobile handsets, notebook and netbook computers, as well
as other system-level communications products.

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