Tri-Vision signs 80th V-chip license with Daewoo26 October 2006
r> TORONTO, Oct. 25 - Tri-Vision International Ltd./Ltee (TSX: TVL) today announced that it has licensed United States Patent # 5,828,402 (the '402 Patent) to Daewoo Electronics Corporation of Korea. To date, Tri-Vision has issued 80 licenses for its U.S. and/or Canadian Patents to companies which include: Sony, Hitachi, Sanyo, Pioneer, Philips, JVC, Panasonic, Sharp, LG Electronics, Samsung, Funai, Orion, Apex, Korat Denki, World, Eastech, Toshiba, eRAE, Seiko Epson, Xiamen, Shenzhen KXD, NewLane, Konka, TTE, Optoma, Coretronic, ViewSonic, Syntax-Brillian, NEC, AKAI, Chunghwa, Humax, Shinco, Jabil Circuit, LiteOn, Top Powersonic, Nakamichi, Emerson Radio, Esto, BenQ, Runcoand more. A number of other major corporations such as Dell Inc. have committed to selling televisions under Tri-Vision's license.
"I am pleased to welcome this major Korean Company to our licensing family," stated CEO Najmul Siddiqui. "Our US licensing campaign is proceeding according to our plan with 18 companies signed this year alone under US license for a total of 35 US licenses to date", Siddiqui added.
As part of the transition to a digital television broadcast system in the United States, the Federal Communications Commission (FCC) has mandated phased-in rules to ensure that the V-chip can respond to any rating system changes in all digital television receiver products by March 1, 2007. Tri-Vision's open V-chip (also known as V-chip 2.0) is the only known patented technology capable of accepting modified or new rating systems. The first phase of the FCC's ruling took effect on March 15, 2006.
About Tri-Vision:
Tri-Vision International Ltd/Ltee is a public company founded in 1986. Shares of the Company trade on Canada's Toronto Stock Exchange (TSX) under the symbol TVL. Tri-Vision operates two wholly- owned subsidiaries: Tri-Vision Electronics Inc. and Think Broadband Solutions Inc.
Tri-Vision Electronics Inc. - Licenses V-chip globally and owns the
sole rights to U.S. V-chip Patent # 5,828,402 and Canadian V-chip
Patent # 2,179,474 and 2,342,045. This subsidiary also markets Data
Video Distribution Systems, 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, PCT North
America, Andrew Corp. and Conax. The division specializes in digital
video system design and integration, in-country equipment sales and
supply, logistical support, niche product design and development, in-
house and offshore manufacturing capabilities.
To receive Company news releases, please email ana@chfir.com and mention "TVL news" on the subject line.
To find out more about Tri-Vision International Ltd. (TSX: TVL), visit our website at http://www.tri-vision.ca.
Source: prnewswire
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