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MOSAID signs patent license agreement with Samsung Electronics

TMCNet:  MOSAID signs patent license agreement with Samsung Electronics

[November 23, 2009]

MOSAID signs patent license agreement with Samsung Electronics

Nov 23, 2009 (TELECOMWORLDWIRE via COMTEX) -- Intellectual property company MOSAID Technologies Inc (TSX:MSD) 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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