Avistar and TANDBERG Agree to Settle Patent Litigation.Companies Also Agree to Cross-License Patents REDWOOD SHORES, Calif. & OSLO, Norway -- Collaboration Properties, Inc Collaboration Properties, Inc. (CPI) is a wholly owned subsidiary of Avistar Communications Corporation. It holds US and foreign patents in the primary areas of presence-based interactions, desktop video, recorded and live media at the desktop, multimedia documents, data sharing, . (CPI) and its parent company, Avistar Communications Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AVSR (Audio Visual Speech Recognition) Using lip reading software to enhance speech recognition. In noisy environments where a camera can be included, AVSR improves the computer's ability to recognize the speaker's words by visually tracking lip movement and ), together with Tandberg ASA Asa (ā`sə), in the Bible, king of Judah, son and successor of Abijah. He was a good king, zealous in his extirpation of idols. When Baasha of Israel took Ramah (a few miles N of Jerusalem), Asa bought the help of Benhadad of Damascus and (OSLO:TAA TAA - Track Average Amplitude .OL), and its subsidiaries Tandberg Telecom AS and Tandberg, Inc., today announced that they have reached an agreement to settle pending patent litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. and to cross-license each others' patent portfolios. CPI has agreed to dismiss its lawsuit against TANDBERG ASA, filed on May 12, 2005, in the U.S. District Court for the Northern District of California regarding alleged infringement of three Collaboration Properties patents, and TANDBERG has agreed to dismiss its lawsuit against Avistar, filed on January 30, 2006 in the Eastern District of Texas regarding alleged infringement of three patents of Tandberg Telecom AS. The settlement and cross-licensing agreement covers a broad range of video conferencing products, on a non-exclusive, worldwide, fully paid-up basis. As part of the settlement, TANDBERG ASA will make a one-time payment to CPI. About Collaboration Properties, Inc. and Avistar Communications Corporation Collaboration Properties, Inc. (CPI) is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Avistar Communications Corporation. CPI develops patents for presence-based interactions, desktop video, recorded and live media at the desktop, multimedia documents, data sharing, and a service-rich video network architecture. Avistar develops, markets, and supports a video collaboration platform for the enterprise, all powered by the AvistarVOS[TM] software. For more information on CPI patents, visit www.collabprop.com. For information on Avistar and Avistar products, visit www.avistar.com. Inquiries for licensing of CPI's patent portfolio may be directed to Paul Carmichael, licensing advisor, through arrangement with Stephanie Neutz, Esq., CPI patent legal counsel, at (650) 610-2900. Avistar, AvistarVOS, and Avistar logos are trademarks or registered trademarks of Avistar Communications Corporation. About TANDBERG TANDBERG is a leading global provider of visual communication products and services with dual headquarters in New York and Norway. TANDBERG designs, develops and markets systems and software for video, voice and data. The company provides sales, support and value-added services in more than 90 countries worldwide. TANDBERG is publicly traded on the Oslo Stock Exchange Oslo Stock Exchange An exchange founded in 1819 and trading stocks, bonds, and stock options that is considered the options market of Norway. under the ticker TAA.OL. Please visit www.tandberg.net for more information. TANDBERG is a trademark or registered trademark in the U.S. and other countries. Copyright (c) 2007 Avistar Communications Corporation. All rights reserved. |
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