Tri-Vision V-Chip Licensed to NEC Display Solutions
Posted on: Thursday, 9 February 2006, 15:00 CST
TORONTO, Feb. 9 /PRNewswire-FirstCall/ -- Tri-Vision International Ltd./Ltee (TSX:TVL) today announced that it has licensed its Canadian Patent No. 2,179,474 to NEC Display Solutions Limited of Japan. The license covers payment for past sales of television receiver equipped monitors in Canada. The license is valid through the expiration of the patent in 2016 and requires that both parties keep the terms of the license confidential.
"We are pleased to welcome this respected Japanese Company to our licensing group," Tri-Vision CEO Najmul Siddiqui stated. "Negotiations are underway with NEC to license our U.S. Patent as well," Siddiqui added.
Companies which have acquired V-chip licenses for Tri-Vision's Canadian Patent No. 2,179,474 and/or U.S. Patent No. 5,828,402 include: Sony, Hitachi, Sanyo, Philips, JVC, Matsushita, Sharp, Pioneer, Apex Digital, Samsung, LG Electronics, Funai, Orion, Toshiba, Eastech, Erae Electronics, Seiko Epson, Shenzhen KXD, Newlane, Xiamen, Konka, Optoma, Coretronic, ViewSonic, TTE, Syntax (Olevia) and many others.
As part of the transition to a digital television broadcast system in the United States, the Federal Communications Commission (FCC) has mandated new rules to ensure that the V-chip can be modified in all digital television receiver products. Tri-Vision's open V-chip is the only known, patented technology capable of accepting modified or new rating systems. The FCC rules, which include a transition period, became effective on November 4, 2004 and as a result all digital television receiver products must include open V-chip by March 15, 2006.
About Tri-Vision (http://www.tri-vision.ca)/
Tri-Vision International Ltd./Ltee is a public company founded in 1986. The Company trades on Canada's Toronto Stock Exchange under the symbol TVL. It has two wholly-owned subsidiaries:
Tri-Vision Electronics Inc. - Owns the sole rights to U.S. V-chip Patent No. 5,828,402 and Canadian V-chip Patent No. 2,179,474 and licenses V-chip globally. This subsidiary also markets Data Video Distribution System, Secure Pay TV, Addressable Pay TV (pay per view), Hotel Pay TV and Cable TV equipment worldwide. Think Broadband Solutions Inc. - Authorized Canadian Distributor to Canada's broadband industry for Scientific Atlanta, Andrew Corp. and Samsung specializes in in-country equipment sales and supply, logistical support, niche product design and development, in-house and offshore manufacturing capabilities, and equipment repair and refurbishment (http://www.thinkbroadband.ca/). The Toronto Stock Exchange has not reviewed and does not approve or disapprove of the adequacy or accuracy of this release.
Tri-Vision International Ltd.
CONTACT: For investor or media information, contact John Carswell,Century Communications Corporation toll free at 1-888-298-8551. To find outmore about Tri-Vision International Ltd. (TSX:TVL), visit our website athttp://www.tri-vision.ca/
Source: PRNewswire-FirstCall
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