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Craig Electronics Enters into MPEG-2 and ATSC Licenses with MPEG LA


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DENVER--(BUSINESS WIRE)--Mar 3, 2014--MPEG LA announced today that Craig Electronics Inc. (“Craig Electronics”) has become a Licensee to MPEG LA’s MPEG-2 Patent Portfolio License (“MPEG-2 License”) and ATSC Patent Portfolio License (“ATSC License”).

As a result of these agreements, companies that license their essential MPEG-2 and ATSC patents through MPEG LA have agreed to dismiss their patent infringement actions against Craig Electronics before the United States District Court for the Southern District of Florida. See http://www.mpegla.com/Lists/MPEG%20LA%20Legal%20Action%20List/Attachments/51/n-13-08-01.pdf; and http://www.mpegla.com/Lists/MPEG%20LA%20Legal%20Action%20List/Attachments/50/n-13-06-05.pdf.

Patent infringement actions against Curtis International Ltd. (“Curtis”) were settled recently when Curtis became a Licensee to MPEG LA’s MPEG-2 License and ATSC License. See http://www.mpegla.com/Lists/MPEG%20LA%20Legal%20Action%20List/Attachments/53/n-14-01-28.pdf.

MPEG LA, LLC

MPEG LA is the world leader in alternative technology licenses. By assisting users with convenient access to patent rights for their technology choices, MPEG LA offers licensing solutions that create opportunities for wide adoption and fuel innovation. MPEG LA’s pioneering MPEG-2 licensing program helped produce the most widely employed standard in consumer electronics history and has become the template for addressing numerous other technologies. Today MPEG LA manages licensing programs consisting of 8,500 patents in 74 countries with 162 licensors and some 5,800 licensees. For more information, please refer to http://www.mpegla.com.

CONTACT: MPEG LA, LLC

Tom O’Reilly, 303-200-1710

Fax: 301-986-8575

toreilly@mpegla.com

KEYWORD: UNITED STATES NORTH AMERICA COLORADO

INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS OTHER TECHNOLOGY

SOURCE: MPEG LA, LLC

Copyright Business Wire 2014

PUB: 03/03/2014 10:00 AM/DISC: 03/03/2014 10:00 AM

http://www.businesswire.com/news/home/20140303005284/en

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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