Extant Licensing Benefits

Financial	Upfront license fee Ongoing royalty stream Reduces inventory; Improves ROIC and RONA
Strategic	Supports OEM's strategic focus and objectives Liberates critical resources for new product support Transitions products while guarding IP
Customer Support	Measured improvement in delivery and quality Supports migration to new product versions No terminating production; customer alienation
Speed & Flexibility	More accretive than selling product line Less onerous due diligence Add more products to base agreement at later date