TORONTO -- Jan. 3, 2007 - Tri-Vision International Ltd./Ltée (TSX: TVL) today announced that it has licensed United States Patent No. 5,828,402 (the '402 Patent) to SANYO TV International Corporation of the United States. The license is valid through the expiration of the patent in 2016. Sanyo Electric Company Limited of Japan licensed Tri-Vision's Canadian V-chip Patent in September of 2002.
"I am pleased to welcome this important brand to Tri-Vision's licensing family. Sanyo is the 40th U.S. Patent license signed in our ongoing licensing program," stated Tri-Vision C.E.O. Najmul Siddiqui. The Company's licensing team has contacted all the major brands and is in varying stages of negotiations with them. "With every new license awarded we gain ground on our mission to sign fully 100% of US products just as we have done here in Canada," Siddiqui added.
Companies who have been licensed to the U.S. and/or Canadian Patents 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, Runco, Daewoo Tecwell, ProView, Redmond Group 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.
About Sanyo Electric Co., Ltd. and its group:
Sanyo Electric Co., Ltd. is one of the world's leading electric and electronics companies specializing in multimedia and telecommunications, and has 228 related companies in Japan and other countries. Sanyo has its head office in Osaka, Japan and is valued at approximately US$3.51 billion. Sanyo Electric group annual revenues are approximately US$20.4 billion and employs over 100,000 people worldwide.
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.
To find out more about Tri-Vision International Ltd. (TSX: TVL), visit our website at www.tri-vision.ca.