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Microcap & Penny Stocks : cube and mpeg vs. tri-vision and v-chip as an investment

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To: stak who wrote (65)10/15/1998 7:56:00 AM
From: stak  Read Replies (2) of 75
 
Tri-Vision International Ltd TVL
Shares issued 48,577,396 1998-10-14 close $0.72
Thursday Oct 15 1998
Mr. Najmul Siddiqui reports
Tri-Vision has received notification that U.S. Patent 5,828,402 is to be issued
protecting its unique, flexible V-gis v-chip technology.
V-chip inventor and Tri-Vision director Tim Collings has received a notification of issue
from the patent and trademark office of the U.S. Department of Commerce indicating a
patent covering the technology will be issued on or about Oct. 27. The patent covers "a
method and apparatus for selectively blocking audio and video signals". Tri-Vision
retains the exclusive worldwide rights to Mr. Collings' v-chip technology for an initial
20-year period.
The patent reinforces the unique nature of the company's V-gis v-chip technology. This
goes a long way toward strengthening Tri-Vision's ability to licence its v-chip technology
to manufacturers of television and electronics equipment in the United States and
worldwide. For Mr. Collings, the patent marks another milestone since he began
developing v-chip technology following the brutal massacre of 12 female Canadian
engineering students back in 1989. V-gis decoders, which allow parents to monitor
what TV programming comes into the home, were rolled out to retail stores this month
including Sam's Discount Warehouse, Toys'R Us and H.H. Gregg. V-gis decoders are
also available through the Internet at the V-gis website at www.v-gis.com.
North America's Electronic Industry Association (EIA) recently commenced a revision
to its standard for the specifications of v-chip technology calling for such devices to have
the ability to accommodate different TV ratings systems in addition to the two now
being used in the United States. The Federal Communications Commission has also
recommended that v-chip technology used by TV manufacturers be flexible to change.
With Mr. Collings' v-chip patent specifying the capability of adapting to multiple and
changing television ratings systems, the news from the EIA is a sign that the electronics
industry now recognizes the need for flexibility.
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