PRZOOM - /newswire/ -
Point Roberts, WA, United States, 2007/03/14 - Digital Media Stock Podcast, USA Video Interactive (OTCBB: USVO), discusses path to protecting key digital media patent assets.
DigitalMediaStocks.com, an investor and industry news portal for the digital media sector, presents an investor podcast with Andrew Huffman, in-house patent counsel for USA Video Interactive Corp. (OTCBB: USVO; TSX: US.V), to discuss the background and status of the Company’s Video-on-Demand patent infringement lawsuit filed against various cable companies including Time Warner, Charter Communications, and Comcast Cable. USA Video designs and markets technology for delivery of digital media and has held a pioneering patent for store-and-forward video since 1992.
There is a growing interest from Wall Street in the connection between patents as an asset, and market performance. Useful in the valuation of companies, patent portfolios are many times being utilized as a leading indicator on how dominant a company might or might not be in its specific market, making the protection of intellectual property rights a key priority.
Outside of this lawsuit and separate from USA Video Interactive’s Video-on-Demand technology, the Company has been very active through its digital watermarking products that work to help reduce problems of movie and video piracy.
As described by Huffman, “We are making some significant strides with our digital watermarking products as we continue our tradition of innovation with developments leading to marketable products right now and some important measures of success in the marketplace. There have been some breakthroughs with international clients, as well as one of the major Hollywood studios, so we are happy with the progress we have seen in this area, which is entirely independent from the lawsuit against the cable companies.”
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For more information contact:
Dawn Van Zant: 800.665.0411
Source: DigitalMediaStocks.com, USA Video Interactive Corp.