RE: RE: POET is Licensed, not even OPEL
Just doing some dd. This recent news released by OPEL states that they licensed POET from the Unviversity!
Also, ODIS is an affiliate of OPEL. What type of a relationship is this. Affilate may mean a minor ownesrhip in the company, to simply having a working relationship. Why not refer to ODIS as a subsidiary?? or Division?? I'm not trying to stir the pot, just checking the facts before investing.
OPEL Announces Third Party Valuation of its POET Technology
March 2nd, 2011
Third Party Valuation of POET Technology over $1 Billion
OPEL International Inc. (“OPEL” or “the Company”)announced today that it is in receipt of a third party valuation ofintellectual property developed by its U.S.
affiliates OPEL, Inc. andODIS Inc. The Planar Opto Electronic Technology (“POET”), initiallydeveloped by Dr. Geoffrey Taylor at the University of Connecticut and
licensed to OPEL, Inc., is a semiconductor fabrication technology thatenables the dense packing of digital, analog, and optical circuits on asingle gallium arsenide chip. The technology now makes it possible tomonolithically integrate a wide number of electronic and optoelectronicfunctions in a single chip with higher speeds and reduced powerconsumption compared to Silicon CMOS. For the same functionality, thechip size would be considerably reduced to approximately the size ofhalf a person’s thumb nail