Cypress Named to Ocean Tomo® 300 Patent Index for Sixth Consecutive Year | Cypress Semiconductor
Cypress Named to Ocean Tomo® 300 Patent Index for Sixth Consecutive Year
Index Recognizes Companies that Benefit from Strong IP Positions
SAN JOSE, Calif., December 7, 2011 – Cypress Semiconductor Corp. (Nasdaq: CY) today announced that for the sixth consecutive year, it was named a constituent in the Ocean Tomo 300® Patent Index; the first equity index based on the value of corporate intellectual property.
The Ocean Tomo 300® Patent Index is an exchange traded fund (ETF) consisting of diversified valuable patent portfolios relative to the book value of the company. It is priced and published by the NYSE Euronext (NYSE: OTPAT).
Cypress has been granted over 1,700 patents and has approximately 1,000 patents pending. The patents cover a wide variety of technologies, including PSoC® programmable system-on-chip, touch and capacitive sensing, USB, memories and optical navigation sensors.
“This is another important recognition of our decades long strategy to build and protect a strong IP position in our chosen markets,” said Brad Buss, executive vice president of finance and chief financial officer at Cypress. “Even as we have significantly reduced our cost structure within Cypress, we have chosen to continue to invest strongly in building our IP portfolio.”
Cypress delivers high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and exceptional system value. Cypress offerings include the flagship PSoC® programmable system-on-chip families and derivatives such as PowerPSoC® solutions for high-voltage and LED lighting applications, CapSense® touch sensing and TrueTouch™ solutions for touchscreens. Cypress is the world leader in USB controllers, including the high-performance West Bridge® solution that enhances connectivity and performance in multimedia handsets. Cypress is also a leader in high-performance memories and programmable timing devices. Cypress serves numerous markets including consumer, mobile handsets, computation, data communications, automotive, industrial and military. Cypress trades on the Nasdaq Global Select Market under the ticker symbol CY. Visit Cypress online at https://www.cypress.com.
# # #
Cypress, the Cypress logo, PSoC, PowerPSoC, CapSense and West Bridge are registered trademarks and PSoC Creator, PSoC Designer and TrueTouch are trademarks of Cypress Semiconductor Corp. All other trademarks are property of their owners.