ONSCREEN TECHNOLOGIES ACQUIRES PATENT FOR WAYFAST™ TECHNOLOGY
Delivers Power and Communication to Complete Cooling Solution Required in New 3D Packaging
PORTLAND, Ore. – Oct. 16, 2007 – OnScreen Technologies, Inc. (OTCBB: ONSC), the leading provider of openly licensable advanced systems cooling solutions, today announced that it has acquired all proprietary rights to the WayFast™ power and communications management technology from financial partner CH Capital, an Alamo, Calif. company. The transfer enhances the strength of OnScreen’s patent portfolio and expansion of its technology roadmap to deliver a complete cooling and communications solution for 3D packaging.
WayFast technology, combined with OnScreen’s patented WayCool™ architecture, provides customers with a total solution to support their development of extremely small and powerful 3D packaging that can run cooler, faster and more efficiently than anything currently available on the market. OnScreen’s WayCool™ technology (Figure 1) is a complete, scalable cooling architecture that offers carbon, quiet fans and mesh arrays to enable fluid flow and enhanced cooling to address today’s “microwarming” crisis, the intense heat generated by advanced processors and systems. The WayFast patent (Figure 2) allows WayCool to act as both a communication and power grid for 3D arrays, offering a comprehensive solution for cooling, current and communications – what OnScreen refers to as “3Cs for 3D.”
“The addition of WayFast technology to the OnScreen portfolio presents a tremendous growth opportunity for the company as we continue to solve the issues caused by overheating at the processor level,” said William Clough, chief executive officer of OnScreen Technologies. “WayFast addresses the next inevitable performance bottlenecks related to electric current and fabric bus communications. WayFast, combined with WayCool technology, will allow 3D packagers the ability to design 3D chip sets without the resulting thermal, communications and power management issues.”
Transfer of WayFast technology into OnScreen increases the value and scope of its patent portfolio and allows the company and its customers to expand its technology roadmap to new and previously untapped areas of power and communication.
About OnScreen Technologies, Inc.
Headquartered in Portland, Ore., OnScreen Technologies, Inc. has pioneered and is commercializing innovative thermal management solutions capable of revolutionizing the semiconductor, solar and electronic packaging industries, among others. Utilizing its patented WayCool™ hybrid mesh architecture, OnScreen technology can enhance system performance and remove thermal barriers caused by “microwarming” in today’s advanced computing devices. The Company’s proprietary central and graphics processor solutions, solar energy cooling solutions and power supply cooling solutions deliver more cost effective and efficient thermal management to the industry. For more information, please visit www.onscreentech.com.
This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in future operating results due to a number of economic, competitive, and other factors, including, among other things, our reliance on third-party manufacturers and suppliers, government agency budgetary and political constraints, new or increased competition, changes in market demand, and the performance or reliability of our products. These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements. Additional information with respect to these and other factors, which could materially affect the company and its operations, are included in certain forms the company has filed with the Securities and Exchange Commission.
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Josie Lee
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OnScreen, WayCool and WayFast are trademarks of OnScreen Technologies, Inc. Other names and brands are the property of their respective owners.