BB's Stock Haven

[wisconsinstock2]

Possible breakout on COPY tomorrow:

CopyTele, Inc. (OTCBB:COPY) announced today that it has entered into two license agreements with AU Optronics Corp. ("AUO") (NYSE:AUO) of Hsinchu, Taiwan to produce and market CopyTele's E-Paper(R) and Nano Display technologies. The license agreements grant AUO an exclusive license for CopyTele's E-Paper(R) display patents and technology with the right to sublicense the technology to third parties and a non-exclusive license for CopyTele's Nano Display patents and technology with the right to consent to the granting of licenses of the Nano Display technology to third parties. Under the agreements, AUO will pay CopyTele aggregate license fees of US $10 million, $3 million payable as an initial fee and $7 million upon completion of certain conditions for the respective technologies. The terms of the agreements provide for the basis for royalty payments by AUO to CopyTele