- Tri-Vision International Ltd./Ltee today announced that it has licensed its V-chip technology under United States Patent # 5,828,402 (the '402 Patent) to original equipment manufacturer Lite-On Technology Corporation of Taiwan. The license covers all digital receiver products produced for sale in the United States. The license is valid through the expiration of the patent in 2016.
In Tri-Vision's growing licensee family, Lite-On is the 27th company to be awarded a U.S. License. Other companies which have acquired V-chip licenses for Tri-Vision's U.S. '402 Patent include: LG Electronics, Hitachi, Sharp, Pioneer, Funai, Orion, Korat Denki, World Electric, Eastech, Erae Electronics, Seiko Epson, Shenzhen KXD, Optoma, Coretronic, Akai, Chunghwa, NEC, Humax, Viewsonic, Shinco, and a number of major corporations, including 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 FCC ruling took effect on March 15, 2006.
Lite-On Technology Corporation is listed on the Taiwan Stock Exchange (TSEC) under the symbol LTC. The Company's 2005 Annual Report shows sales of US$6.8 billion and market capitalization of approximately US$3.5 billion. To find out more about Lite-On visit the company website at www.liteon.com
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.
To find out more about Tri-Vision International Ltd., visit our website at www.tri-vision.ca.