Gemstar-TV Guide Expands European Patent Licensing Through Agreement with Humax, a Leading Provider of Retail Set-Top Boxes
March 24 2008 - 8:30AM
Business Wire
Gemstar-TV Guide International, Inc. (NASDAQ: GMST), a leading
media, entertainment and technology company, announced today that
it has signed a patent license agreement with Humax Co., Ltd., one
of the world�s leading set-top box manufacturers. The multi-year
agreement includes a patent license allowing Humax to incorporate
interactive program guides (IPGs) in retail digital set-top boxes
that are distributed throughout Europe. The patent license also
extends to digital televisions and digital recording devices
deployed by Humax. Specific terms of the agreement were not
otherwise disclosed. Founded in 1989 in Korea, Humax is one of the
world�s leading digital set-top box manufacturers. �We are very
pleased to have this patent license in place with Humax,� said
Samir Armaly, executive vice president, licensing and intellectual
property, Gemstar-TV Guide. �This is another agreement for Europe
that underlines the increasing value of our intellectual property
in the region.� About Gemstar-TV Guide Gemstar-TV Guide
International, Inc. (the �Company�) (NASDAQ: GMST) is a leading
global media, entertainment, and technology company that develops,
licenses, markets and distributes products and services that
maximize the video guidance and entertainment experience for
consumers. The Company's businesses include: television,
publishing, and new media properties; interactive program guide
services and products; and intellectual property licensing.
Additional information about the Company can be found at
www.gemstartvguide.com. This news release may contain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, as amended. Any such
forward-looking statements are not guarantees of future performance
or results and involve risks and uncertainties that may cause
actual performance or results to differ materially from those in
the forward-looking statements, including risks and uncertainties
related to the timely availability and market acceptance of
products and services incorporating the Company's technologies and
content; our investments in new and existing businesses; the impact
of competitive products and services; the pending acquisition of
the Company by Macrovision Corporation and events and circumstances
related thereto; and the other risks detailed from time to time in
the Company's SEC reports, including the most recent reports on
Forms 10-K, 10-Q and 8-K, each as it may be amended from time to
time. The Company assumes no obligation to update these
forward-looking statements Note to Editors: Gemstar and TV Guide
are trademarks or registered trademarks of Gemstar-TV Guide
International, Inc. and/or its subsidiaries. The names of other
companies, products and services used herein are for identification
purposes only and may be trademarks of their respective owners.
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