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ECD grants optical memory license to Pioneer

Posted: 16 Jan 2002 ?? ?Print Version ?Bookmark and Share

Keywords:energy conversion devices? ecd? pioneer? optical memory?

Energy Conversion Devices Inc. (ECD) has granted a nonexclusive license to Japan-based Pioneer Corp. The license covers all past and future phase-change optical memory media produced or sold by Pioneer, including rewritable DVD optical memory products.

In a joint statement, Stanford R. Ovshinsky, president and CEO, and Robert C. Stempel, cairman, said, "We welcome Pioneer, a provider of innovative DVD products, as a licensee. With Pioneer coming on board as one of ECD's phase-change optical memory licensees, we have licensed virtually all major manufacturers of rewritable CD and DVD media."

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