Denver, United States
On April 10, the U.S. District Court for the District of Colorado granted MPEG LA's motion for a temporary restraining order (TRO) enjoining Mintek Digital, Inc. ("Mintek") from further transferring its assets to circumvent liabilities for royalties owed to MPEG LA pending a hearing on MPEG LA's motion for a preliminary injunction to be held on May 2. The motion was filed in connection with MPEG LA's lawsuit against Mintek and its parent, Jiangsu Digital Technology Co., Ltd. ("Shinco Digital"), and Shinco Digital's parent, Shinco Electronics Group Co., Ltd., for breach of Mintek's MPEG-2 Patent Portfolio License with MPEG LA (http://www.mpegla.com/news/n_07-02-01_pr.pdf). The Court granted the motion based on evidence indicating that Mintek, at the direction of its parent company, transferred inventory, customers and orders to SuperView Technology without compensation and used the inventory to fulfill customer orders.
MPEG LA, LLC
MPEG LA is the world leader in alternative technology licenses, enabling users to acquire worldwide patent rights necessary for a technology standard or platform from multiple patent holders in a single transaction as an alternative to negotiating separate licenses. Wherever an independently administered one-stop patent license would provide a convenient marketplace alternative to assist users with implementation of their technology choices, the licensing model pioneered and employed by MPEG LA may provide a solution. Among MPEG LA's licenses is one for MPEG-2 digital video compression that has helped produce the most widely employed standard in consumer electronics history. The MPEG-2 Patent Portfolio License, which includes more than 825 MPEG-2 essential patents in 57 countries, has approximately 1200 licensees accounting for most MPEG-2 products in the current world market. DVD videos are encoded with MPEG-2 video data, and every DVD player contains an MPEG-2 decoder. MPEG LA is an independent licensing administrator; it is not related to any standards agency and is not an affiliate of any patent holder. For more information, please refer to http://www.mpegla.com.
CONTACT: MPEG LA, LLC Michelle Ott 301-986-6660 Fax: 301-986-8575 mott@mpegla.com
Source: Business Wire (Business Wire India)