PARTNERS

IPVALUE serves as a trusted strategic advisor and transaction facilitator
for some of the world's leading innovators. Partners typically engage with IPVALUE through exclusive multi-year relationships and rely upon IPVALUE to complement internal IP activities, offset risks and expenses, and leverage our best practices, resources, and networks to maximize returns.

Spansion (NYSE: CODE) is a global leader in Flash memory-based embedded systems solutions. Spansion's Flash memory, microcontrollers, mixed-signal and analog products drive the development of faster, intelligent, secure and energy efficient electronics. Spansion is at the heart of electronics systems, connecting, controlling, storing and powering everything from automotive electronics and industrial systems to the highly interactive and immersive consumer devices that are enriching people's daily lives.

Spansion+IPVALUE: In 2013, Spansion announced that it has selected IPVALUE Management as its worldwide partner to commercialize its patent portfolio. Under the multi-year agreement, IPVALUE will be responsible for originating and executing transactions related to patent licensing and sales.

"Research and development is critical to Spansion's innovation and leadership position in embedded markets. Since inception, our engineers and scientists have developed breakthrough semiconductor technologies, particularly in the areas of Flash memory, embedded systems and applications," said Scot Griffin, Corporate Senior Vice President and General Counsel of Spansion. "Our partnership with IPVALUE expands and enhances our ability to vigorously commercialize Spansion's intellectual property designed by our research teams."

"We are excited to partner with Spansion to drive new revenue-generating opportunities," said Murali Dharan, Chief Executive Officer of IPVALUE. "Spansion has a long history of innovation as manifest in its patent portfolio. The portfolio includes seminal inventions contributed by AMD and Fujitsu at the formation of Spansion, as well as the very impressive recent advances generated by the Spansion team. IPVALUE has a proven track record of helping our partners realize over $1B in transaction revenue from their IP portfolios. We look forward to working with the Spansion team to deliver return on invention."

For more information, visit www.spansion.com