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NEC Licenses its Digital Microwave Radio Patents to Microwave Networks, Inc.
Monday, April 30, 2007
Tokyo -- NEC Corporation has licensed its U.S. digital microwave radio ("DMR") patents and counterpart patents covering fundamental telecommunication techniques such as quadrature amplitude modulation ("QAM") to the American DMR manufacturer Microwave Networks, Inc. ("MNI"). NEC and MNI also made a cross- agreement not to assert their DMR patents in the future.
"Our research and development innovation over the past thirty years has empowered NEC with an unsurpassable digital microwave radio patent portfolio worldwide," said Hideyuki Ogata, Vice President at NEC's Intellectual Asset Management Unit. "NEC seeks to actively pursue patent licensing agreements with global telecommunications manufacturers that recognize the value of its intellectual property. We have always embraced new and collaborative ways of driving innovation and will actively work toward the increased development of the global telecommunications market."
NEC has previously licensed its DMR patents to a telecommunications manufacturer in North America and is in the process of negotiating similar patent licenses with other telecommunications manufacturers around the world, recognizing its intellectual property as an extremely important and highly-valued company asset.
"This is the first licensing agreement that MNI has entered into with another digital transmission manufacturing organization and MNI hopes this agreement is a precursor to enhanced worldwide cooperation between digital radio companies," said Mr. James R. Gordon, President of MNI.
In the 1960s, NEC began research and development in the area of DMR and produced the world's first commercial equipment in 1969. Since then, it has developed a broad range of DMR systems and techniques as a leading global manufacturer, contributing to the establishment of wireless communication networks across the world. NEC's DMR equipment, including its point-to-point wireless access system, Pasolink, is shipped to over 110 countries and is well recognized for its high performance and reliability.
About NEC Corporation
NEC Corporation (Nasdaq: NIPNY) is one of the world's leading providers of Internet, broadband network and enterprise business solutions dedicated to meeting the specialized needs of its diverse and global base of customers. NEC delivers tailored solutions in the key fields of computer, networking and electron devices, by integrating its technical strengths in IT and Networks, and by providing advanced semiconductor solutions through NEC Electronics Corporation. The NEC Group employs more than 150,000 people worldwide. For additional information, please visit the NEC home page at: http://www.nec.com.
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