Tri-Vision awards V-chip license to second Chinese OEM/ODM manufacturer
"Signing both these Chinese OEMs is very satisfying for us," stated Tri-Vision CEO Najmul Siddiqui. "While we cannot name the licensees, it is our hope that our shareholders will recognize the significant forward momentum Tri-Vision has exhibited." Presently, licenses have been awarded to almost 40-percent of those companies who had notified Tri-Vision earlier this year of their intention to acquire the US license, and work continues to complete the licensing agreements for the remaining entities.
Companies which have acquired V-chip licenses for Tri-Vision's Canadian Patent No. 2,179,474 and/or U.S. Patent No. 5,828,402 include: Sony, Hitachi, Sanyo, Philips, JVC, Matsushita, Sharp, Pioneer, Apex Digital, Samsung and LG Electronics, Funai, Orion, Toshiba, Eastech, Erae Electronics, Seiko Epson, Shenzhen KXD, Newlane, Xiamen, Konka, Optoma, Coretronic, ViewSonic, TTE, Syntax-Brillian, NEC, Akai, Chunghwa, NEC, Humax and many others.
As part of the transition to a digital television broadcast system in the United States, the Federal Communications Commission (FCC) has mandated new rules to ensure that the V-chip can respond to any rating system changes in all digital television receiver products. 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 March 15, 2006.
About Tri-Vision International Ltd/Ltee
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.
Tri-Vision Electronics Inc. - Owns the sole rights to U.S. V-chip Patent No. 5,828,402 and Canadian V-chip Patent No. 2,179,474 and licenses V-chip globally. This subsidiary also markets Data Video Distribution System, 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, Andrew Corp., PCT North America and Samsung specializes in in-country equipment sales and supply, logistical support, niche product design and development, in-house and offshore manufacturing capabilities.
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