Notice by DVD6C on Statements Made by Optical Disc Service GmbH Regarding Licensing Relationship with DVD6C.TOKYO -- Toshiba Corporation (company) Toshiba Corporation - A Japanese technology manufacturer with 364 subsidiaries worldwide. Toshiba makes and sells electronics for home, office, industry and health care including information and communication systems, electronic components, heavy electrical apparatus, , in its capacity as licensing agent for the DVD6C licensing group--the nine-strong body of leading developers of 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. technologies and formats--today responded to recent press reports of certain statements made by Optical Disc Service GmbH("ODS (Operational Data Store) A database designed for queries on transactional data. An ODS is often an interim or staging area for a data warehouse, but differs in that its contents are updated in the course of business, whereas a data warehouse contains static data. ") in respect of its licensing relationship with DVD6C with the following announcement and clarification. In April, 2006, Toshiba, in its role as Licensing Agent, filed an arbitration claim against ODS, based on ODS's failure to pay royalties due under ODS's License Agreement with the Licensing Group. The claim, filed with the American Arbitration Association's International Centre for Dispute Resolution (the "ICDR ICDR Interagency Committee on Disability Research ICDR Internal Critical Design Review ICDR Interim Conceptual Design Report ICDR Installation Control Drawing Report ICDR Intermediate Critical Design Review "), alleges that ODS has failed to pay royalties due and seeks recovery of such royalties, plus interest. The claim is currently pending with the ICDR, and is based upon what Toshiba alleges to be ODS's breaches of its obligations under the License Agreement. The License Agreement between ODS and the DVD6C Licensing Group specifically provides that "no license is conferred con·fer v. con·ferred, con·fer·ring, con·fers v.tr. 1. To bestow (an honor, for example): conferred a medal on the hero; conferred an honorary degree on her. " thereunder on "any DVD Product" unless the licensee "complie[s] fully" with its obligations under the agreement, including specifically the full payment of the applicable royalty payments. For further information on DVD6C Licensing Group, please see http://www.dvd6cla.com/. [TABLE OMITTED] |
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