Ola Tiverman, President Smoltek Semi

License agreement for evaluation of CNF-MIM technology extended

Smoltek announces that the agree­ment signed with a lead­ing capac­i­tor man­u­fac­tur­er for tech­ni­cal and com­mer­cial eval­u­a­tion of the company’s CNF-MIM tech­nol­o­gy has been fur­ther extend­ed, to Decem­ber 31. At the same time, the par­ties have ini­ti­at­ed a con­crete dia­logue on a pos­si­ble con­tin­u­a­tion of the col­lab­o­ra­tion, with a deci­sion to be expect­ed dur­ing the first quar­ter of 2021.

This spring, Smoltek announced two sep­a­rate license agree­ments for tech­ni­cal and com­mer­cial eval­u­a­tion of the company’s patent­ed CNF-MIM tech­nol­o­gy for semi­con­duc­tor appli­ca­tions. The eval­u­a­tion projects that were then start­ed dur­ing the spring have tak­en longer to com­plete than expected.

The license that was signed in March 2020 with one of the world’s largest capac­i­tor man­u­fac­tur­ers, which was pre­vi­ous­ly announced to have been extend­ed to the end of Octo­ber, is now extend­ed to the end of the year with­out any addi­tion­al cost for the licensee. The for­mal­i­sa­tion of the agree­ment was time-con­sum­ing, but it has now been signed. The exten­sion enables the par­ties to focus on the com­ple­tion of the eval­u­a­tion, while at the same time dis­cussing a pos­si­ble con­tin­u­a­tion of the collaboration.

“It is sat­is­fy­ing that we have now come to an agree­ment to extend this license agree­ment, so that we can com­plete the eval­u­a­tion in a pur­pose­ful man­ner. When this is done, the licensee will be in an opti­mal posi­tion to decide on a pos­si­ble con­tin­ued col­lab­o­ra­tion to facil­i­tate inte­gra­tion of our CNF-MIM tech­nol­o­gy in upcom­ing prod­ucts,” says Ola Tiver­man, Pres­i­dent of the group com­pa­ny Smoltek Semi AB, which is in charge of licens­ing in the semi­con­duc­tor industry.

Smoltek is also in a sim­i­lar dia­logue regard­ing a pos­si­ble con­tin­u­a­tion of the col­lab­o­ra­tion with the licensee which has been grant­ed an eval­u­a­tion license valid until March 31, 2021. The com­pa­ny expects to be able to update on this col­lab­o­ra­tion dur­ing the sec­ond quar­ter of 2021.

Image: Ola Tiver­man, CRO at Smoltek & Pres­i­dent at Smoltek Semi

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