Waytronx Inc. (WYNX.OB) Inks Worldwide Licensing Deal with AnderMotion Technologies
Waytronx Inc. (WYNX.OB) is a leading provider of thermal management solutions for the semiconductor, solar and electronic packaging industries. Waytronx and its subsidiary CUI Inc., a provider of electrochemical components and industrial controls, have established a long standing relationship with AnderMotion Technologies LLC (AMT) in the quest to seek out and capitalize on innovative technologies. Waytronx today announced it has signed a worldwide licensing and royalty agreement with AnderMotion, which will give the company exclusive rights for the AMT encoder device. CUI is currently distributing the award-winning AMT, and the companies say the agreement reflects previous collaboration between Waytronx and…