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Technicolor Signs New Patent License Agreement for Smartphones and Tablets - Technicolor has signed a multi-year patent license agreement with LG Electronics
Technicolor Signs New Patent License Agreement for Smartphones and Tablets

 

PRZOOM - /newswire/ - Paris, Ile de France, France, 2014/02/11 - Technicolor has signed a multi-year patent license agreement with LG Electronics. Euronext: TCH; OTCQX: TCL

   
 
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Technicolor (Euronext Paris: TCH), a worldwide technology leader in the Media & Entertainment sector, today announces that it has signed a multi-year patent license agreement with LG Electronics for the use of Technicolor patents for LG’s smartphones and tablets.

“Technicolor’s pioneering work in video technology is now widely spread in smartphones and tablets to offer consumers a media rich experience and we are pleased to welcome LG as a licensee and offer a comprehensive license to our patent portfolio.” said Boris Teksler, Head of Technology. “As new media-rich devices become pervasive we are pleased to expand our offering and share our patented technologies.”

About Technicolor

Technicolor (technicolor.com), 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.

Investor relations: P: +33(0)1 41 86 55 95 - E: investor.relations[.]technicolor.com

 
 
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Technicolor Signs New Patent License Agreement for Smartphones and Tablets

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Technicolor | LG Electronics
Contact: Press Office - Technicolor.com 
+33(0)1 41 86 53 93 technicolorpressoffice[.]technicolor.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Technicolor securities in any jurisdiction including any other companies listed or named in this release.

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