CINAR and Jim Henson Company Settle Wimzie Lawsuit.Business Editors MONTREAL--(BUSINESS WIRE)--Jan. 18, 2000 CINAR Corporation (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 :CINR CINR Carrier to Interference-plus-Noise Ratio ) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CIF (1) (Common Intermediate Format) A standard video format used in videoconferencing. CIF formats are defined by their resolution, and standards both above and below the original resolution have been established. The original CIF is also known as Full CIF (FCIF). .A.) (TSE:CIF.B.) is pleased to announce that the federal lawsuit filed last year by the Jim Henson Company in connection with the award-winning children's television series Children's television series are television programs designed for and marketed to children, normally aired during the morning and afternoon hours, mainly before and after school. WIMZIE'S HOUSE(TM) has been settled. In the lawsuit, the Henson Company claimed that the puppets featured on WIMZIE'S HOUSE and in related merchandise violated its copyright and trademark rights in its puppets. CINAR and its licensees Eden LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and Carson-Dellosa Publishing Company denied and continue to deny any wrongdoing wrong·do·er n. One who does wrong, especially morally or ethically. wrong  do or liability for infringement. The settlement, the terms of which are confidential, provides for the continued broadcast of WIMZIE'S HOUSE and the selling of WIMZIE'S HOUSE merchandise. The agreement also provides a mechanism for preserving the distinctive look of Jim Henson's Muppets in CINAR's future productions. "We are delighted that it's been settled and that the agreement leaves an open door between the two companies," said Ronald A. Weinberg, CINAR President and Co-CEO. "It's also good news that WIMZIE'S HOUSE will continue to enjoy such a broad audience on PBS PBS in full Public Broadcasting Service Private, nonprofit U.S. corporation of public television stations. PBS provides its member stations, which are supported by public funds and private contributions rather than by commercials, with educational, cultural, in the U.S.and on other channels in over 100 countries around the world. Furthermore, it means that the licensing initiative we launched last year will continue to flourish with both established and new licencee partners." This popular puppet preschool series presents the adventures of 5-year-old Wimzie, her family and friends who learn caring and sharing at Wimzie's house, a home daycare unlike any other. The series is produced by CINAR and presented on PBS in association with Maryland Public Television Maryland Public Television (MPT) is a not-for-profit, state-licensed public television network which serves the citizens and communities of Maryland and beyond through a variety of broadcast and non-broadcast activities. (MPT). The PBS license is underwritten in part by PediaSure. The award-winning WIMZIE'S HOUSE is now in its third season on PBS' prestigious Ready to Learn daily block of preschool programming. Last month WIMZIE'S HOUSE garnered two new honors in the United States: it won the National Association of Parenting Publications award (NAPPA) and was chosen as one of Dr. Toy's Best Children's Products. It has been honoured twice by the Parents' Choice Awards (1997; 1998) and upon its debut (in English in 1997) was selected as a Top 10 New Kids' Show by TV Guide. Other awards include three Gemini Awards (1996; 1997 in French and 1998 in English), and two Awards of Excellence from the Alliance for Children and Television's. CINAR Corporation (Nasdaq: CINR; and Toronto Exchange; CIF.A, CIF.B) is an integrated entertainment and education company involved in the development, production, post-production and worldwide distribution of non-violent, quality programming and educational products for children and families. CINAR Entertainment's original productions, distributed in over 150 countries, include two-time Emmy award-winner Caillou(R), ARTHUR(TM) (with WGBH Boston), The Busy World of Richard Scarry(TM), Wimzie's House(TM) and Lassie(TM), as well as mini-series and family films. Through CINAR's diverse programming, its licensing and merchandising of entertainment-related products, and its array of supplemental education products, the Company reaches children worldwide. CINAR's web site www.cinar.com |
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