TORONTO, April 3 /CNW/ - Tri-Vision International Ltd./Ltée (TSX: TVL)
today announced that a prior eight-year term V-Chip licensing agreement signed
in 1999 with Nichimen Corporation (now Sojitz Corporation) of Japan expired on
March 31, 2007. Sojitz, Sharp and Tri-Vision had previously agreed that a
subsequent license be consummated directly between Sharp and Tri-Vision.
Licensing discussions for United States Patent No. 5,828,402 and Canadian
Patent No. 2,179,474 have begun directly between Tri-Vision and Sharp
Corporation of Japan.
Tri-Vision President Toshinori Ikebe, working out of Tri-Vision's Tokyo
office, is heading the Sharp licensing discussions. "We thank Sojitz and Sharp
for the long and successful relationship between our three companies for these
many years, and we look forward to working directly with Sharp", President
Ikebe stated. "We anticipate concluding a new agreement shortly that will run
through the term of our U.S. and Canadian patents", Ikebe added.
Companies who are licensed to the U.S. and/or Canadian Patents include:
Sony, Hitachi, Sanyo, Pioneer, Philips, JVC, Panasonic, 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, Runco, Daewoo
Tecwell, ProView, Redmond Group, Harpser, Wistron and more. A number of other
major corporations such as Dell Inc. have committed to selling televisions
under Tri-Vision's license.
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.
Tri-Vision International Ltd/Ltée 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 No. 5,828,402 and Canadian V-chip
Patent No. 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.
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For further information: CHF Investor Relations, Jeanny So, Broker
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To find out more about Tri-Vision International Ltd. (TSX: TVL), visit our
website at www.tri-vision.ca.