To highlight the best of these deals, the Licensing Executives Society (USA & Canada), Inc. (LES) today presented its Deals of DistinctionTM Awards to winners in five industry sectors. The awards were given at the LES Annual Meeting in San Francisco, California.

"Now more than ever, our economy needs intellectual property and the innovation in products and services that IP helps to achieve," said Rimma Driscoll, chair of the LES Deals of Distinction Award Committee. "We are proud to recognize these winning deals, because they are making a real difference."

The 2009 LES Deals of Distinction Awards Winners are:

Chemicals, Energy, Environment, and Materials (CEEM) Sector: HP and Xtreme Energetics

Drawing upon a rich history of innovation, HP collaborated with Oregon State University (OSU) to develop transparent transistor technology, also known as multi-component oxide (MCO) semiconductors. Xtreme Energetics, a solar energy system developer, entered into a technology collaboration and licensing agreement with HP to adapt this technology for use in a solar energy system designed to generate electricity at twice the efficiency and half the cost of traditional solar panels.

This deal demonstrates the versatility that transparent transistors hold to solve meaningful problems in applications ranging from flat-panel OLED and LCD displays to green energy solutions. Xtreme Energetics is now further developing the technology in its own labs and funding research at OSU.

"HP's license and technology collaboration agreement with Xtreme Energetics exemplifies how a global technology company finds a way to speed up its deployment of advanced technology through a business and technology development partnership," said Bob Payne of IP Licensing Advisors LLC, co-chair of the Deals of Distinction for the LES CEEM Sector.

Jeff Wendt of Pramudji Wendt & Tran, LLP, also co-chair of the Deals of Distinction for the LES CEEM Sector, added, "This dealwas intriguing because it hit on allfacets of our sector: chemical, energy, environment, and materials."

Consumer Products Sector: Allergan and the Clinique Laboratories, LLC

Allergan, Inc. and Clinique Laboratories, LLC partnered to produce a new line of high-end skin-care products to be sold exclusively through physicians in the United States.