Face Electronics LC owns the intellectual property relating to the Transoner family of piezoelectric transformers. Transoners are useful in applications involving power conversion, power switching, and wide band signal processing. Transoners can operate in two distinct modes. In the resonant mode, Transoners exhibit high voltage gain and significant power transfer. Useful for power conversion and power switching, these Power Transoners can be designed to be either isolating or non-isolating. In the non-resonant mode, Wide Band Transoner is suitable for telecommunications or signal processing applications from voice to high speed data transmission. Face Electronics sold its first license in August 1999, and, with the successful development of a CCFL circuit in January 2000, is in the process of aggressively seeking additional licensees.