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GMST Gemstar-TV Guide Intl (MM)

4.41
0.00 (0.00%)
Pre Market
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Gemstar-TV Guide Intl (MM) NASDAQ:GMST NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.41 0 00:00:00

Gemstar-TV Guide Expands European Patent Licensing Through Agreement with Humax, a Leading Provider of Retail Set-Top Boxes

24/03/2008 12:30pm

Business Wire


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Gemstar-TV Guide International, Inc. (NASDAQ: GMST), a leading media, entertainment and technology company, announced today that it has signed a patent license agreement with Humax Co., Ltd., one of the world’s leading set-top box manufacturers. The multi-year agreement includes a patent license allowing Humax to incorporate interactive program guides (IPGs) in retail digital set-top boxes that are distributed throughout Europe. The patent license also extends to digital televisions and digital recording devices deployed by Humax. Specific terms of the agreement were not otherwise disclosed. Founded in 1989 in Korea, Humax is one of the world’s leading digital set-top box manufacturers. “We are very pleased to have this patent license in place with Humax,” said Samir Armaly, executive vice president, licensing and intellectual property, Gemstar-TV Guide. “This is another agreement for Europe that underlines the increasing value of our intellectual property in the region.” 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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