Business Services Industry
Gemstar-TV Guide Signs Multi-Year Patent License Agreement with Snapstream Media
Business Wire, Jan 29, 2008
LOS ANGELES -- Gemstar-TV Guide International, Inc. (NASDAQ: GMST), a leading media, entertainment and technology company, has signed a patent license agreement with SnapStream Media, Inc. for certain software products, including its Beyond TV offerings. The multi-year agreement includes patent license rights for SnapStream in support of interactive program guides (IPGs) deployed on personal computers.
Samir Armaly, executive vice president, intellectual property and licensing, Gemstar-TV Guide, said, "We are pleased to have this patent license agreement in place with SnapStream Media, Inc., as it represents another example of industry innovators recognizing the value of our intellectual property on emerging media platforms."
Specific terms of the agreement were not disclosed.
SnapStream Media, Inc. is a software company best known for its Beyond TV PC DVR.
About Gemstar-TV Guide
Gemstar-TV Guide International, Inc. (the "Company") (NASDAQ: GMST) is a leading global media, entertainment, and technology company that develops, licenses, markets and distributes products and services that maximize the video guidance and entertainment experience for consumers. The Company's businesses include: television, publishing, and new media properties; interactive program guide services and products; and intellectual property licensing. Additional information about the Company can be found at www.gemstartvguide.com.
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that may cause actual performance or results to differ materially from those in the forward-looking statements, including risks and uncertainties related to the timely availability and market acceptance of products and services incorporating the Company's technologies and content; our investments in new and existing businesses; the impact of competitive products and services; the pending acquisition of the Company by Macrovision Corporation and events and circumstances related thereto; and the other risks detailed from time to time in the Company's SEC reports, including the most recent reports on Forms 10-K, 10-Q and 8-K, each as it may be amended from time to time. The Company assumes no obligation to update these forward-looking statements
Note to Editors: Gemstar and TV Guide are trademarks or registered trademarks of Gemstar-TV Guide International, Inc. and/or its subsidiaries. The names of other companies, products and services used herein are for identification purposes only and may be trademarks of their respective owners.
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