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02/10/2002

Macrovision announce dismissal of litigation

Macrovision UK have announced the dismissal of all the Verance Corporation's claims against Macrovision as a third party defendant alleging patent infringement and antitrust violations related to Macrovision's activities as a member of the Video Watermarking (VWM) Companies.
"We believed all along this case would be successfully resolved. In addition, we find it very positive that Verance has concurrently reached a settlement and licensing agreement with Digimarc so they may focus on furthering the deployment of their audio watermarking products and related services," said Bill Krepick, Macrovision president and CEO. "With the dismissal of this litigation, Macrovision can focus its efforts more directly on providing the best-of-breed digital video watermarking solutions to the entertainment industry to prevent unauthorized use of copyrighted video content, and to accelerate the adoption of digital watermarking technology in commercial applications."
(GB)
VMI.TV Ltd

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