SONICblue Licenses Patented Technology To LG Electronics

15-Mar-02

SONICblueô Incorporated (NASDAQ: SBLU) announced that it has licensed its patented Dual-Deck technology to LG Electronics Inc., to be incorporated into future DVD/VCR combination products. This represents the second licensing agreement for SONICblue's Dual-Deck technology in recent months, following a similar agreement with Samsung Electronics Company Ltd.SONICblue is the holder of many patents covering Dual-Deck technology, including VCR/VCR, DVD/VCR, and DVD/DVR combination products. The company's patented DVD/VCR technology incorporates dual functionality, playing both DVDs and VHS tapes in one integrated system. SONICblue currently markets Dual-Deck VCR and DVD/VCR combination products under its Go-VideoÆ brand. Specific terms of the licensing agreement were not disclosed.The company is committed to licensing its technology, in addition to producing products under its own brand, to promote widespread interest in adopting Dual-Deck technology in new generations of consumer electronics products.""This licensing agreement underscores our intent to broaden consumer acceptance of dual consumer electronics products while protecting our intellectual property,"" said Andy Wolfe, Chief Technology Officer, SONICblue. ""Our Dual-Deck products provide consumers with unprecedented convenience and choice, and we anticipate granting additional licenses as more companies enter this growing category."" For more information, visit www.sonicblue.com.

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