Posted on 06 August 2008
Korean technology firm Woori Technology Inc. has entered into an Assignment and Assumption Agreement with New York based MSGI Security Solutions Inc. to provide touchscreen computer display technology to the U.S. Department of Defense. Under the agreement, MSGI assigns all of its rights and obligations under the contract with the Defense Department to Woori, but will continue to work with Woori to design and manufacture the technology.
The two companies plan to open a service facility in northern California where assembly, quality testing and systems integration will take place. The proprietary military-grade touchscreen systems are designed and tailored for use in harsh environments, including extreme temperatures, barometric pressure, and humidity, and will likely be used by soldiers fighting in Iraq and Afghanistan.
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Ross Yader - who has written 92 posts on Legal Research Center.
A graduate of the University of Miami Law School, the author of this article, Ross Yader, is a California-licensed attorney currently working in private practice in Los Angeles, where his focus is on business and entertainment litigation and contracts. Before going to law school, Mr. Yader graduated with a Bachelor of Science in Government & Politics from the University of Maryland-College Park and worked as a financial analyst in the Business Affairs division at AOL-Time Warner. If you are interested in contacting Mr. Yader regarding possible employment or would like to speak to him about a legal matter, please contact him through the email form below or via telephone at (310) 820-4008.
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