Jersey City, New Jersey, September 6, 2016, Bel Fuse Inc. (NASDAQ: BELFA and NASDAQ:BELFB), a premier global manufacturer of networking and telecommunication products and power management solutions, announces that it has entered into a non-exclusive, worldwide, multi-year field of use license agreement with Japan-based Murata Manufacturing Co., Ltd., a global leader in the design, manufacture and supply of advanced electronic materials, leading edge electronic components, and multi-functional, high-density modules. Under the terms of the agreement, Bel Power Solutions has licensed specific digital power technology (DPT) patents to Murata facilitating the design and manufacture of digital board mounted power supply solutions with advanced control, configuration and telemetry features.
Digital power architecture enables OEMs' products and data centers to optimize power conversion efficiency, reduce energy costs, and enhance energy management capabilities. It drives increased power density, lower cooling costs, improved product functionality, advanced monitoring, and flexible product configuration.
DPT is used in designs based on FPGAs (Field-Programmable Gate Array), ASICS (Application Specific Integrated Circuit) and DSPs (Digital Signal Processor) requiring multiple voltage rails and output voltages dropping below 1V. DPT facilitates telemetry, which allows the system to accurately monitor its power consumption and thermal performance to let designers easily engineer key features such as system power optimization, fault detection and predictive maintenance features into their end products.
Dennis Ackerman, President of Bel Power Solutions, stated, "Our DPT patent license agreement with Murata underscores the value of Bel's technology patents and exemplifies our commitment to encouraging innovation by licensing access to our patent portfolio. We look forward to working with Murata and continuing to provide energy-efficient technologies with increased functionality for our customers worldwide."
Tatsuo Bizen, Director of Murata’s Power Modules Division stated, “Murata is investing significant resources on numerous initiatives across many of our product offerings in the areas of power conversion and overall energy management systems. The DPT patents will complement our existing expertise in these areas and expand our R&D capacities.”
Steve Pimpis, President and CEO of Murata Power Solutions added, “Customers are continuously pushing suppliers of power for solutions offering more advanced digital control and system level communication, increased power density, and more energy efficient technologies. This license agreement is an important part of our product roadmap strategy that will further facilitate our product development efforts that will bring increasing value to our worldwide customers.”
Bel (www.belfuse.com) designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits. These products are primarily used in the networking, telecommunications, computing, military and aerospace, transportation and broadcasting industries. Bel’s product groups include Magnetic Solutions (integrated connector modules, power transformers, power inductors and discrete components), Power Solutions and Protection (front-end, board-mount and industrial power products, module products and circuit protection), and Connectivity Solutions (expanded beam fiber optic, copper-based, RF and RJ connectors and cable assemblies). The Company operates facilities around the world.
Murata Manufacturing Co., Ltd. is a worldwide leader in the design, manufacture and sale of ceramic-based passive electronic components & solutions, communication modules and power supply modules. Murata is committed to the development of advanced electronic materials and leading edge, multi-functional, high-density modules. The company has employees and manufacturing facilities throughout the world. For more information, visit Murata's website at www.murata.com
Forward Looking Statements
Except for historical information contained in this press release, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties. Among the factors that could cause actual results to differ materially from such statements are: the market concerns facing our customers; the continuing viability of sectors that rely on our products; the effects of business and economic conditions; difficulties associated with integrating recently acquired companies; capacity and supply constraints or difficulties; product development, commercializing or technological difficulties; the regulatory and trade environment; risks associated with foreign currencies; uncertainties associated with legal proceedings; the market's acceptance of the Company's new products and competitive responses to those new products; and the risk factors detailed from time to time in the Company's SEC reports. In light of the risks and uncertainties, there can be no assurance that any forward-looking statement will in fact prove to be correct. We undertake no obligation to update or revise any forward looking statements.
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