Uni-Pixel, the developer of color display technology called Time Multiplexed Optical Shutter ("TMOS"), has reached an agreement to acquire a block of patents that are applicable to UniPixel’s TMOS display technology. The acquisition of the patents increases the total number of UniPixel’s TMOS display-related patents to one hundred and six (106) patents issued and filed. The patent transaction is a direct result of collaboration efforts entered into during 2007 surrounding the development and assembly of its TMOS display technology.
According to Mr. Reed Killion, President and CEO of UniPixel, “Our development efforts to bring TMOS display technology and Opcuity™ films to commercialization continue to result in the rapid expansion of our Intellectual Property portfolio. The acquisition of this block of patents adds immediate value and protection for UniPixel and TMOS licensees moving forward. Furthermore, these patents augment our existing UniPixel patents in a number of the disciplines included within TMOS architectural, electromechanical, panel fabrication, system assembly and process related intellectual property. The expansion of our intellectual property is fundamental to the successful execution of our TMOS licensing business and the development of our Opcuity™ films business. Our continuing focus on innovation and capturing the resulting intellectual property will remain a top priority.”
