SAN FRANCISCO & IRVINE, CALIF., October 24 /CNW/ - Endeavors Technologies
Inc., Stream Theory Inc. and Exent Technologies Inc. today jointly announced
an agreement ending all outstanding lawsuits that Stream Theory has pursued on
its patent portfolio. Under the agreement Exent has been granted licenses to
Endeavors' and Stream Theory's streaming patents and Endeavors and Stream
Theory were granted licenses on Exent's streaming patents.
"We are pleased to amicably conclude this outstanding dispute. This
agreement resolves our differences with Exent, including the possibility of
lawsuits pending between the companies," said Peter Bondar, CEO at Endeavors.
"We are extremely satisfied with the settlement and plan to continue the
vigorous protection of our technology assets against patent infringement. With
the agreements signed with Microsoft, Citrix, Appstream and now Exent, we have
consolidated our position as a major supplier of application streaming
technologies and intellectual property."
Commercial terms of the agreement were not disclosed.
About Endeavors Technologies Inc.
Endeavors Technologies Inc. is a California based subsidiary of Tadpole
Technology plc (London LSE TAD), and together with its sister division Stream
Theory Inc., creates, develops and markets innovative application streaming
technologies that allow servers to stream pc-based applications to client
computers where they are subsequently executed. These "next stage"
technologies replace thin client computing paradigms. Application streaming
enables organizations to reduce the total cost of ownership while improving
service levels, simplifying the management of computers while improving
security and reliability. This innovative distribution methodology provides
companies with new revenue opportunities while reducing IT costs and
increasing user productivity. Endeavors' is a pioneer and thought leader with
eight patents granted and 25 pending, including the first patents granted for
streaming applications. Endeavors' provides its solutions through licensing,
royalty and technology transfer models. See www.endeavors.com for more
About Exent Technologies
Exent is a global leader in developing and marketing software products
and services that enable the broadband-based delivery of video games known as
Games-on-Demand. Games-on-Demand services are designed to monetize the
extensive catalogue of video games that are no longer likely to generate
significant revenue through retail sales channels. This is achieved by a
broadband-based distribution of video games to end-users through paid
subscriptions and through free, ad-supported offerings. Exent markets and
sells its unique video game digital distribution platform and video game
advertising technologies directly and through channel partners to broadband
service providers and media companies that offer Games-on-Demand services to
their end-users. More information can be found at www.exent.com.
For further information:
For further information: The Bohle Company (Media Contacts for Exent)
Derek Asato/Kelly Taylor, 310-785-0515 ext. 201/207 firstname.lastname@example.org
email@example.com or Endeavors Technologies Inc. Media Contact: Jan Tarzia,
949-296-3998 firstname.lastname@example.org or Investor Contact: Peter Bondar US
Office: +1 949-553-5659 UK Office: +44 1845 501772 email@example.com