BRIEF-Brainchip Holdings signs exclusive licence for neural network technology | Reuters

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March 20 Brainchip Holdings Ltd

* Exclusive licence signed for neural network technology

* Brainchip announced that it has signed an agreement with
French-based technology transfer company toulouse tech transfer

* Agreement to license exclusive rights to jast learning
rules and algorithms developed by cerco, a preeminent public
research lab in france

* Costs related to transaction in 2017 are expected to be
immaterial relative to company’s total expenses

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