Microsoft and Hoya Pentax have signed a patent cross-licensing agreement to further the development of each company’s current and future product lines. The agreement covers digital cameras made by Pentax and a broad range of other consumer products from each company. “We believe that this contract will further solidify the alliance between the two companies,” said Ko Torigoe, general manager of HOYA CORPORATION PENTAX Imaging Systems Division. “We also expect that it will bring considerable benefits to consumers in the near future, as we should be able to shorten the time required for product development because of technological advancement by both companies, and therefore deliver higher-quality products to the market.”