Press release

MediaTek Licenses Patent Portfolio From IPValue Management

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IPValue Management, Inc. (“IPValue”) today announced that MediaTek, Inc.
(“MediaTek”) has signed a worldwide, non-exclusive patent license
agreement with IPValue’s subsidiary Future Link Systems, LLC (“FLS”).
MediaTek is a global leader and innovator in chipset technology for
mobile phones, smart TVs, voice assistant services (VAD), Android
tablets, feature phones, and optical and Blu-ray DVD players.

IPValue’s FLS portfolio contains approximately 200 patents issued in
nine countries across North America, Asia, and Europe. The patents were
originally assigned to NXP Semiconductors, Inc. and Philips, Inc. and
cover fundamental semiconductor circuit designs and manufacturing
process technologies. These patents relate to a variety of concepts,
including data interconnects and interfaces, which enable computer and
network architectures, gaming devices, mobile phones, processors,
semiconductor memory, and other integrated circuit functionality.

“We are pleased to have licensed the FLS patent portfolio to MediaTek on
mutually agreeable terms. This agreement reinforces our belief that a
constructive and open dialog with potential licensees can result in an
amicable deal,” said John Lindgren, CEO of IPValue. MediaTek joins a
growing list of licensees to the FLS portfolio that include four of the
top ten semiconductor companies in the world.

About IPValue Management

IPValue’s mission is to fuel innovation by working with leading
technology enterprises to generate revenues from their IP portfolios.
Since inception in 2001, IPValue has generated over $2B in cash from
patent licenses, resulting in $1B to its partners. IPValue currently
owns and manages the commercialization of over 7,000 patents. For more
information, visit www.IPValue.com.