Superconductor Technologies Inc. Strengthens IP Portfolio
March 13 2014 - 6:30AM
- Licenses Wireless Technology Patent to benefit
Conductus HTS wire development program - - Awarded two patents
enhancing strong IP portfolio -
Superconductor Technologies Inc. (STI) (Nasdaq:SCON), a world
leader in the development and production of high temperature
superconducting (HTS) materials and associated technologies,
recently entered into a non-exclusive license agreement with an
international company for a wireless technology patent previously
developed by STI. In consideration for the use of the patent, STI
will receive cost savings on support equipment for its Conductus®
HTS wire program. The equipment will enhance STI's capabilities as
capacity increases to commercial volumes.
"Our intellectual property (IP) position is a valuable company
asset," said Jeff Quiram, STI's President and CEO. "With our latest
licensing agreement, we have utilized IP developed for our legacy
wireless business as a financial resource to support the commercial
production of Conductus® HTS wire. We continue to enhance and
protect our IP portfolio by filing for additional patents related
to our RCE-CDR fabrication process and cryocooler design. Our plan
is to continue to leverage our extensive IP portfolio and
manufacturing expertise as we bring our Conductus wire to
market."
STI was awarded two additional patents in the fourth quarter of
2013.
- For STI's Reactive Co-Evaporation Cyclic Deposition and
Reaction (RCE-CDR) device and method for fabricating HTS thin films
for HTS wire, strengthening U.S. Patent No. 8,290,553 entitled
"Device and Method for Fabricating Thin Films by Reactive
Evaporation" from the Japanese Patent Office. Patent #5415077
- For STI's cryocooler design, protecting STI's unique
capabilities for efficiently and reliably cooling HTS circuits to
the critical temperature (77 Kelvin) needed for the superconducting
properties of the materials to be utilized from the U.S. Patent and
Trademark Office (USPTO). U.S. Patent # 8,607,560
About Superconductor Technologies Inc.
(STI)
Superconductor Technologies Inc., headquartered in Austin, TX,
has been a world leader in HTS materials since 1987, developing
more than 100 patents as well as proprietary trade secrets and
manufacturing expertise. For more than a decade, STI has been
providing innovative interference elimination and network
enhancement solutions to the commercial wireless industry. The
company is currently leveraging its key enabling technologies,
including RF filtering, HTS materials and cryogenics to develop
energy efficient, cost-effective and high performance second
generation (2G) HTS wire for existing and emerging power
applications, to develop applications for advanced RF wireless
solutions and innovative adaptive filtering, and for government
R&D. Superconductor Technologies Inc.'s common stock is listed
on the NASDAQ Capital Market under the ticker symbol "SCON." For
more information about STI, please visit
http://www.suptech.com.
Contact: Investor Relations Contact Cathy
Mattison or Kirsten Chapman LHA +1-415-433-3777
invest@suptech.com
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