NEWS RELEASE
For Immediate Release
CONTACT:
Larry horn
MPEG LA, LLC
301.986.6660
301.986.8575 Fax
lhorn@mpegla.com
MPEG LA Resolves Apex Lawsuit
(Denver, Colorado, US – 10 March 2003) – MPEG LA is pleased to report that the action it filed against Apex Digital Inc. for failure to pay royalties was amicably resolved at the end of 2002. Apex has paid all amounts due as reflected in its royalty reports, and the fact that the matter could be resolved in such an expeditious fashion is a credit to Apex, and will benefit both Apex and MPEG LA in the future.
MPEG LA, LLC
MPEG LA successfully pioneered one-stop technology standards licensing beginning
with a portfolio of essential patents for the international digital video
compression standard known as MPEG-2, which it began licensing in 1997. One-stop
technology standards licensing enables widespread technological implementation,
interoperability and use of fundamental technologies covered by many patents
owned by many patent holders. MPEG LA provides users with fair, reasonable,
nondiscriminatory access to these essential patents on a worldwide basis under a
single license. For more information, please refer to
www.mpegla.com,
www.1394la.com and
www.dvbla.com.