InPlay Technologies, Inc. develops technologies to market, sell and/or license. The Company's technologies include the Duraswitch electronic pushbutton, rotary and omni-directional switch technologies, and the FinePoint MagicPoint computing pen technology. The Company has two segments: Duraswitch and FinePoint. The Duraswitch segment licenses its electronic switch technologies to switch manufacturers and original equipment manufacturers. The FinePoint segment manufactures and markets its digital computing pen technology to computer manufacturers. Duraswitch InPlay Technologies has developed and licensed technologies utilizing a magnetic-based design for electronic switches. These technologies include pushbutton, rotary dials and mouse/cursor/omni-directional controls that can be used in a range of applications. InPlay Technologies licenses to switch manufacturers and original equipment manufacturers (OEMs) the right to produce and sell products using its technologies. The Company forms strategic partnerships with suppliers of complementary products to further market awareness of its technologies and provide material sourcing for its licensees. InPlay Technologies has licensed the PushGate, thiNcoder and MagnaMouse to its licensees. The Company's non-exclusive licensees typically pay royalties of $0.08 per PushGate ($0.10, including the licensed component charge), between $0.25 and $0.75 per thiNcoder, and between $0.25 and $0.75 per MagnaMouse, depending on volume. Licensees are charged separately for any licensed components they purchase from the Company. Prices for licensed components range from $0.02 per PushGate to $1.75 per thiNcoder subassembly. Fees for additional technologies will be determined upon release. In April 2000, InPlay Technologies entered into license agreement with Delphi Automotive Systems LLC, granting Delphi the right to utilize and manufacture the Company's switch technologies for the automotive industry. On October 8, 2005, Delphi filed for Chapter 11 bankruptcy protection. On October 27, 2005, the bankruptcy court approved the termination of the Delphi license agreement, effective October 17, 2005. FinePoint The Company's FinePoint Innovations division designs, develops and commercializes pen-input solutions for builders of tablet personal computers, computer peripheral products, point-of-sale terminals and kiosks. InPlay Technologies provides pen and digitizer assemblies to OEM customers mostly through contract manufacturers with limited production at the FinePoint office. FinePoint was formed, in 2000, through the purchase of all necessary business assets from Mutoh America, including intellectual property and patents, to design and build pen input products and technology for new customers and customers formerly associated with Mutoh America. The Company acquired FinePoint in September 2005. The Company has developed the MagicPoint computing pen technology, which offers an advancement in performance over analog products at a competitive cost. FinePoint's MagicPoint system consists of a digitizer and digital writing pen. The pen is a cordless, active radio frequency (RF) digital pen versus the earlier analog pen technology used with most computer-based systems. The digitizer is a complete assembly consisting of a sensor grid and integrated controller electronics with standard connectors. The controller is a three-piece chip set, consisting of a pen signal receiver application-specific integrated circuit (ASIC), programmable logic device and a pen system processor. The pen transmits a digital signal to the digitizer, which is then processed by the system. The MagicPoint 800 (MP800) system includes a digitizer and self-powered pen. The pen is powered by a five-year battery. The self-powered pen transmits a very small constant and continuous electromagnetic signal. This signal is captured by the digitizer, which is positioned behind the display of the tablet personal computer (PC) or video monitor to determine pen position. The pen position information is sent to th