Matsushita Licenses Fergason Patent
Matsushita Electric Industrial Co., Ltd. and James L. Fergason announce the completion of a licensing agreement under which Fergason has licensed certain rights related to U.S. patent 5,717,422 to Matsushita. Matsushita has developed a new family of liquid crystal televisions with improved picture quality technologies that combine their own innovations with the technology disclosed in the Fergason patent. The model numbers are Panasonic TC-22LT1, TC-15LT1, TC-15LV1 and TC-11LV1.
About Matsushita Electric Industrial Co. Ltd.: Matsushita Electric Industrial is the world's largest consumer electronics maker and also sells computers, telephones, industrial equipment and components. The company's brands include Panasonic, Quasar, and Technics in the United States. The Matsushita group includes about 320 operating units in more than 45 countries with revenues of $61.5 billion for fiscal year ended March 31, 2001 and nearly 300,000 employees.
About James L. Fergason: Dr. Fergason, Chairman of Fergason Patent Properties, www.fergasonpatents.com, is a world renowned pioneer of modern liquid crystal technology and a prolific inventor of electronic displays with more than 100 patents. He has been widely recognized and honored for his numerous contributions to display technology. For more information, contact Chuck McLaughlin at 650.323.7155 or chuck@mcgweb.com.
