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Waytronx Unit Inks Patent License Deal With Power-One

September 23, 2009, 2009 (FinancialWire) — Waytronx, Inc. (OTCBB: WYNX) said that its CUI unit has entered into a non-exclusive field of use agreement with Power-One, Inc. (NASDAQ: PWER) to license Power-One’s Digital Power Technology patents to CUI.

The non-exclusive license agreement provides access to Power-One’s portfolio of Digital Power Technology patents for incorporation into CUI’s new line of digital point of load power modules.

CUI manufactures a range of embedded and external power electronics devices for OEM manufacturers.

Tualatin, Oregon-based Waytronx develops thermal management solutions for use in the semiconductor, solar and electronic packaging industries, among others. The company acquired CUI in May 2008, and changed its name from OnScreen Technologies in December 2007.

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