Court of Appeals Rules That Genesis Microchip and Silicon Image Settled Patent Suit.SAN JOSE, Calif. -- Genesis Microchip Inc. (Nasdaq:GNSS (Global Navigation Satellite System) The European term for a global satellite-based radio navigation system. See Galileo. ), a world leader in the development of image processing technologies for flat-panel TVs, monitors, and other consumer display products, today announced that the United States Court of Appeals for the Federal Circuit The United States Court of Appeals for the Federal Circuit is a United States court of appeals. The Federal Circuit was created by Congress with passage of the Federal Courts Improvement Act of 1982. The court is headquartered in Washington, D.C., and occupies the Howard T. has upheld the lower court's ruling that the Company and Silicon Image (Nasdaq:SIMG SIMG Societa' Italiana Di Medicina Generale ) have settled their 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. . In today's ruling, the Court of Appeals affirmed the lower court's judgment that Genesis Microchip and Silicon Image have settled their disputes based on a Memorandum of Understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. , or MOU, signed on December 18, 2002. The MOU states that Genesis has received a license for the right to use non-necessary claims under the Digital Visual Interface “DVI” redirects here. For other uses, see DVI (disambiguation). The Digital Visual Interface (DVI) is a video interface standard designed to maximize the visual quality of digital display devices such as flat panel LCD computer displays and digital (DVI) Adopters Agreement and allows Genesis to receive a license to the non-necessary claims under the High-Definition Multimedia Interface The High-Definition Multimedia Interface (HDMI) is a licensable audio/video connector interface for transmitting uncompressed, encrypted digital streams. HDMI connects DRM-enforcing digital audio/video sources, such as a set-top box, a Blu-ray Disc player, a PC running (HDMI (High-Definition Multimedia Interface) A digital interface for audio and video signals designed as a single-cable solution for home theater and consumer electronics equipment. ) Adopters Agreement. In addition, the MOU provides that Genesis has been granted a license to expand its use of necessary and non-necessary claims in the DVI Adopters Agreement to the consumer electronics marketplace. The lower court's opinion stated that Genesis will pay Silicon Image a monetary settlement, license fee and running royalties on all DVI and HDMI products. The MOU further states that the companies will cooperate, support and promote interoperability of DVI and HDMI. In December 2002, Genesis made provisions in its financial statements for the estimated cost of the monetary settlement and license fees. Genesis has continued to reserve estimated amounts payable to Silicon Image pursuant to the lower court's judgment regarding the MOU, since December 2002. About Genesis Microchip Genesis Microchip Inc. (Nasdaq:GNSS) is a leading provider of image processing systems enabling superior picture quality in flat-panel TVs and a variety of consumer and PC-display products. Featuring Genesis Display Perfection(R) technologies and Emmy award-winning Faroudja(R) video technologies, Genesis system-on-a-chip solutions are used worldwide by display manufacturers to produce visibly better images across a broad array of devices including flat-panel displays, digital TVs, projectors, A/V receivers and DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. players/recorders. The Genesis technology portfolio features analog and mixed signal system-on-a-chip design, DCDi(R) by Faroudja deinterlacing, TrueLife(TM) video enhancement, IntelliComb(TM) video decoding and includes over 185 patents. Founded in 1987, Genesis supports its leading brand-name customers with offices in the U.S., Canada, Europe, India, Taiwan, South Korea, China, Japan and Singapore. For more information about Genesis Microchip Inc. or Genesis Display Perfection technologies, please visit www.gnss.com. Note to Editors: Genesis, Genesis Display Perfection, Faroudja, DCDi by Faroudja, TrueLife and IntelliComb are trademarks or registered trademarks of Genesis Microchip Inc. All other trademarks are the property of their respective owners. |
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