SPANSION AND SAIFUN EXTEND LICENSE AND DEVELOPMENT AGREEMENT TO INCLUDE 4-BIT- PER-CELL PRODUCT DESIGN COLLABORATION Saifun To Provide Design and Engineering Support for Development of Spansion® MirrorBit® Quad Flash Memory Products Including the...License and Development Agreement • September 7th, 2006 • Saifun Semiconductors Ltd. • Semiconductors & related devices
Sunnyvale, Calif. and Netanya, Israel, September 6, 2006 – Spansion Inc. (Nasdaq: SPSN), the world’s largest pure-play provider of Flash memory solutions and Saifun Semiconductors Ltd. (Nasdaq: SFUN), a leading provider of Flash memory intellectual property and technology, today announced that the companies have extended their licensing and product design agreement. As part of the agreement, Saifun will provide engineering and design support for the development of 90nm and 65nm MirrorBit® Quad products based on Spansion’s proprietary, patented MirrorBit technology that incorporates Saifun’s proprietary, patented NROM IP.
