FSA Acquires Model License Agreements from VCX Software; Agreements Reflect Collaborative Industry Effort to Ease IP Licensing Process

SAN JOSE, Calif.—(BUSINESS WIRE)—May 25, 2005— FSA, voice of the global fabless business model, announces today it has acquired VCX Software Ltd.'s Model License Agreements (MLAs), developed to create industry standard agreements for the licensing, use and transfer of semiconductor intellectual property (IP) between IP companies and their customers.

"The three-year work effort and countless contributed hours from leading companies in the industry fully exposed the fact that semiconductor innovation continues to be stifled because of the issues and inefficiencies of the IP licensing process," said Andy Travers, managing director of VCX Software. "We created a solution to improve that process, while protecting and respecting the rights of both supplier and customer."

VCX championed collaborative efforts of IP users and providers, EDA companies, foundries and IP attorneys to increase agreement on terms and conditions to reduce the time and expenses related to the negotiation process. This input was translated into the initial MLA forms and supporting documents.

"IP licensing is a critical challenge voiced by FSA members," said Jodi Shelton, co-founder and executive director of FSA. "The FSA IP Committee is establishing a working group to leverage this substantial body of work and refine the MLAs for fabless companies and IP suppliers in an outsourced environment."

FSA will provide the MLAs as a valuable information tool to improve the efficiency of the IP licensing process for member companies and their counsel. FSA will begin making the MLAs available to its membership this fall.

For additional information about MLAs or FSA's IP Committee MLA working group, visit www.fsa.org/committees/ip.

About FSA:

FSA is the voice of the global fabless business model. Incorporated in 1994, FSA positively impacts the growth and return on invested capital of this business model to enhance the environment for innovation. It provides a platform for meaningful global collaboration between fabless companies and their partners; provides timely research and resources; and identifies, debates, and discusses business and technical issues. Members include fabless companies and their supply chain and service partners, representing more than 21 countries across the globe. www.fsa.org.



Contact:
FSA 
Vivian Pangburn, 972-866-7579 ext. 140   

Email Contact                        
or
Shelton                    
Media Contact
Helen Garrett, 972-239-5119 ext. 201   

Email Contact



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