Compaq And Gateway 2000 Enter Into Patent License Agreement.HOUSTON--(BUSINESS WIRE)--Dec. 15, 1994 -- Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees. Quarterly sales $2499M, profits $210M (Aug 1994). http://compaq.com/. (NYSE NYSE See: New York Stock Exchange : CPQ CPQ Compaq CPQ Conseil du Patronat du Québec (Canada) CPQ Configure-Price-Quote CPQ Conseil de Presse du Québec (Québec Press Council, Canada) CPQ Companion Parrot Quarterly ) announced today that it had reached an agreement with Gateway 2000 on the terms of a broad patent cross license agreement. Under terms of the agreement the parties licensed their patents, in the personal computer field, on a non-exclusive basis to each other for a period of five years. Exact terms of the agreement and details of payments are confidential. To date Compaq (Compaq Computer Corporation, Houston, TX, www.compaq.com) Compaq was the leading PC manufacturer when it was acquired by HP in 2002. Founded in 1982 by Rod Canion, Jim Harris and Bill Murto, one year later the company shipped 53,000 PC-compatible COMPAQ Portables, resulting in $111 has over 275 issued United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Patents with over 300 pending patent applications. The patents represent the inventive in·ven·tive adj. 1. Of, relating to, or characterized by invention. 2. Adept or skillful at inventing; creative. in·ven contributions Compaq has brought to the PC marketplace and reflect Compaq's emphasis on technology leadership, said David Cabello, Compaq Managing Attorney for Licensing and Technology. Many innovative features and capabilities have been developed by Compaq and have been widely adopted by the PC industry. Compaq Computer Corporation is a world leader in the manufacture of desktop and notebook personal computers, and servers. Founded in 1982, Compaq reported 1993 worldwide sales of $7.2 billion. New Compaq products are sold and supported in more than 100 countries through a network of more than 31,000 Compaq marketing partners. Compaq also sells new products directly to customers through Compaq DirectPlus at 1-800-888-5858. FOR COMPAQ CUSTOMER SUPPORT AND INFORMATION, CALL 800-345-1518. -0- Compaq, Registered U.S. Patent and Trademark Office. DirectPlus is a service mark of Compaq Computer Corporation. Product names mentioned herein may be trademarks of their respective companies. CONTACT: Bob Beach
Compaq Computer Corporation
713-374-1560
or
Tony Sapienza, Donna Ruane
Miller Communications
617-536-0470
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