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Strategies & Market Trends : Greater China Junior Stocks

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To: Julius Wong who started this subject12/23/2003 10:00:03 PM
From: Julius Wong   of 1992
 
Spectrum Signal Processing Signs Licensing Agreement with UTStarcom
Tuesday December 23, 5:00 pm ET

BURNABY, British Columbia--(BUSINESS WIRE)--Dec. 23, 2003--Spectrum Signal Processing Inc. (NASDAQ: SSPI / TSX: SSY), a leading provider of high performance solutions for wireless signal and packet-voice processing, today announced that it has licensed its aXs(TM).62X subsystem technology to UTStarcom on a non-exclusive basis. Spectrum expects to realize revenue from the licensing of this technology, last-time product sales, and maintenance and technical support in 2003 and the first half of 2004. UTStarcom also has the option to purchase engineering development services from Spectrum on an as-needed basis.

biz.yahoo.com
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