Thursday, March 06, 2014 7:50:27 AM
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Applications for Liquidmetal Alloys
Components for Non-Consumer Electronic Products
On August 5, 2010, we entered into a license transaction with Apple Inc. (“Apple”) pursuant to which , for a one time license fee, we granted to Apple a
perpetual, worldwide, fully-paid, exclusive license to commercialize our intellectual property in the field of “consumer electronic” products, as defined in
the license agreement. As a result, we will not pursue application of our bulk Liquidmetal alloys in the consumer electronics field. However, we continue to work with Apple to develop and advance research and development in the amorphous alloy space to benefit both consumer and non-consumer electronics fields. For more information regarding our transaction with Apple, see “ – Licensing Transactions” below.
Here we're! I couldn't find this kind of sentence in reports before and mean to me that they are still going on with their agreement in whatever form. I hope both will announce results and conditions in the near future in detail.
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