TECHNICOLOR: Technicolor signs new patent license agreement with Sony for Digital TVs
28 February 2014 - 4:31AM
Technicolor (Euronext Paris: TCH; OTCQX: TCLRY) today announces
that it has signed a new patent cross license agreement with Sony
for the use of Technicolor's patents for Sony's Digital TVs.
Technicolor is committed to licensing both its standard-essential
patents as well as display technology for the benefit of the
industry.
"We are pleased that we could reach a mutually
fair and reasonable agreement with Sony. Our technology leadership
in Hollywood coupled with our participation in standards allows us
to create relevant innovation that is pervasively adopted in
Digital TVs, tablets and smartphones," said Boris Teksler, Senior
Executive Vice-President of Technology Business Group. "We reach
out to third parties all around the world to design, manufacture
and sell products based on our patented media technologies. We are
pleased to expand our offering and admire our licensees' efforts to
drive technology leadership to benefit consumers."
About Technicolor Technicolor,
a worldwide technology leader in the media and entertainment
sector, is at the forefront of digital innovation. Our world class
research and innovation laboratories enable us to lead the market
in delivering advanced video services to content creators and
distributors. We also benefit from an extensive intellectual
property portfolio focused on imaging and sound technologies, based
on a thriving licensing business. Our commitment: supporting the
delivery of exciting new experiences for consumers in theaters,
homes and on-the-go. Euronext Paris: TCH Ÿ
www.technicolor.com
Technicolor shares are on the NYSE
Euronext Paris exchange (TCH) and traded in the USA on the OTCQX
marketplace (TCLRY).
Contacts
Press: +33 1 41 86 53 93
technicolorpressoffice@technicolor.com
Investor relations: +33 1 41 86
55 95 investor.relations@technicolor.com
02-27-14 Sony (VUS)
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