CHEVY CHASE, MD., March 14 /CNW/ - MPEG LA today announced the
availability of the VC-1 Patent Portfolio License. Copies of the license
agreement may be obtained at http://www.mpegla.com/vc1/vc1-agreement.cfm.
As a convenience to the marketplace, the VC-1 Patent Portfolio License
offers fair, reasonable, nondiscriminatory access to essential VC-1
intellectual property owned by multiple patent holders in a single license as
an alternative to negotiating separate licenses. The License includes
essential VC-1 patents owned by DAEWOO Electronics Corporation; France
Telecom, societe anonyme; Fujitsu Limited; Koninklijke Philips Electronics
N.V.; LG Electronics Inc.; Matsushita Electric Industrial Co., Ltd.
(Panasonic); Microsoft Corporation; Mitsubishi Electric Corporation; Nippon
Telegraph and Telephone Corporation; Pantech&Curitel Communications, Inc.;
Samsung Electronics Co., Ltd; Sharp Corporation; Sony Corporation; Telenor
ASA; Toshiba Corporation; and Victor Company of Japan, Limited (JVC).
"The availability of this license is a testimony to the hard work and
cooperation of the patent owners and input from major industry sectors," said
MPEG LA Chief Executive Officer Larry Horn. "It affirms further achievement of
MPEG LA's goal and the success of its business model in offering a convenient
one-stop shop to assist users with implementation of their choice among many
technologies available to them. MPEG LA remains committed to continued
innovation in its licenses to offer increased convenience that supports the
marketplace's ability to produce innovative new products that offer a wide
array of choices and flexibility to consumers."
VC-1 refers to the digital video coding technology (formally known as
SMPTE 421M-2006) that is used in many media players, advanced optical disc
players and other products. For example, VC-1 is one of the three video
decoders specified by both the Blu-ray Disc(TM) and HD DVD standards to be
included in Blu-ray Disc(TM) and HD DVD players. The Blu-ray Disc(TM) and HD
DVD standards also specify MPEG-2 and AVC/H.264 video decoders, for which MPEG
LA also offers alternative patent licenses.
MPEG LA's objective is to provide worldwide access to as much VC-1
essential intellectual property as possible for the benefit of licensees (new
patent holders and essential patents may be added at no additional royalty
during the current term of the License). Therefore, any party that believes
that it has a patent which is essential to the VC-1 Standard and would like to
participate in the VC-1 Patent Portfolio License is invited to submit its
patent(s) for an evaluation of essentiality by MPEG LA's patent experts and
inclusion in the License if determined to be essential. Interested parties may
request a copy of the terms and procedures governing patent submissions by
going to http://www.mpegla.com/vc1/vc1-licensors.cfm.
MPEG LA, LLC
MPEG LA is the world leader in alternative technology licenses, enabling
users to acquire worldwide patent rights necessary for a technology standard
or platform from multiple patent holders in a single transaction as an
alternative to negotiating separate licenses. Wherever an independently
administered one-stop patent license would provide a convenient marketplace
alternative to assist users with implementation of their technology choices,
the licensing model pioneered and employed by MPEG LA may provide a solution.
By balancing patent users' interest in reasonable access with patent owners'
interest in reasonable return, MPEG LA creates the opportunity for adoption of
new technologies and fuels innovation. MPEG LA's initial licensing program for
MPEG-2 digital video compression helped produce the most widely employed
standard in consumer electronics history, and the MPEG LA(R) Licensing Model
has become the template for addressing other technologies. Today MPEG LA
manages licensing programs consisting of essential patents in 57 countries.
MPEG LA is an independent licensing administrator; it is not related to any
standards agency and is not an affiliate of any patent holder. For more
information, please refer to http://www.mpegla.com.
For further information:
For further information: MPEG LA, LLC Michelle Ott, 301-986-6660 Fax: