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Technology Stocks : C-Cube
CUBE 37.00-0.2%Dec 3 3:59 PM EST
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To: DiViT who wrote (8905)1/21/1997 5:54:00 PM
From: DiViT   of 50808
 
The Company has entered into an agreement with Matsushita Electronics Corporation ("MEC"), JVC and Sharp whereby they provide assistance in the development of the CL480 and the CL9100 and provide C-Cube with preferential access to MEC's 0.5 and 0.35 micron manufacturing processes. As part of the agreement C-Cube provides MEC the right to sell the CL480 to its internal divisions and to a limited group of Video CD manufacturers. MEC's right to sell the CL480 has certain volume limitations and is subject to royalty payments to C-Cube.

C-Cube 1995 10k
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