Cypress Named to Ocean Tomo® 300 Patent Index for Sixth Consecutive Year
December 07 2011 - 9:00AM
Business Wire
Cypress Semiconductor Corp. (Nasdaq:CY) today announced that for
the sixth consecutive year, it was named a constituent in the Ocean
Tomo 300® Patent Index; the first equity index based on the value
of corporate intellectual property.
The Ocean Tomo 300® Patent Index is an exchange traded fund
(ETF) consisting of diversified valuable patent portfolios relative
to the book value of the company. It is priced and published by the
NYSE Euronext (NYSE: OTPAT).
Cypress has been granted over 1,700 patents and has
approximately 1,000 patents pending. The patents cover a wide
variety of technologies, including PSoC® programmable
system-on-chip, touch and capacitive sensing, USB, memories and
optical navigation sensors.
“This is another important recognition of our decades long
strategy to build and protect a strong IP position in our chosen
markets,” said Brad Buss, executive vice president of finance and
chief financial officer at Cypress. “Even as we have significantly
reduced our cost structure within Cypress, we have chosen to
continue to invest strongly in building our IP portfolio.”
About Cypress
Cypress delivers high-performance, mixed-signal, programmable
solutions that provide customers with rapid time-to-market and
exceptional system value. Cypress offerings include the flagship
PSoC® programmable system-on-chip families and derivatives such as
PowerPSoC® solutions for high-voltage and LED lighting
applications, CapSense® touch sensing and TrueTouch™ solutions for
touchscreens. Cypress is the world leader in USB controllers,
including the high-performance West Bridge® solution that enhances
connectivity and performance in multimedia handsets. Cypress is
also a leader in high-performance memories and programmable timing
devices. Cypress serves numerous markets including consumer, mobile
handsets, computation, data communications, automotive, industrial
and military. Cypress trades on the Nasdaq Global Select Market
under the ticker symbol CY. Visit Cypress online at
www.cypress.com.
Cypress, the Cypress logo, PSoC, PowerPSoC, CapSense and West
Bridge are registered trademarks and PSoC Creator, PSoC Designer
and TrueTouch are trademarks of Cypress Semiconductor Corp. All
other trademarks are property of their owners.
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