Monday May 3, 2:22 pm Eastern Time
Tri-Vision update on v-chip
(Full text of press release from ISDN Wire Service)
TRI-VISION PROVIDES UPDATE ON V-CHIP LICENSING
At the request of the Toronto Stock Exchange, Tri-Vision International Ltd./Ltee provides
the following update on its v-chip licensing and other business activities. With the assistance
of Nichimen Corporation of Japan, the Company continues the complex and detailed licensing negotiations with major television
manufacturers, located primarily in Japan, Korea and Europe, for the inclusion of Tri-Vision's patented, flexible V-gis(TM)
v-chip technology in new televisions. On February 2, 1999, Tri-Vision and Nichimen announced the signing of a Letter of Intent
with Sharp Corporation of Japan for the inclusion of the V-gis(TM) v-chip technology in new Sharp TVs. "Work continues by
the parties to conclude a final, definitive agreement with Sharp. However, speculation in the media and on Internet-based chat
groups regarding two imminent agreements cannot be confirmed, said Tri-Vision International President and CEO, Najmul
Siddiqui. In October of 1998, Tri-Vision initiated a test marketing exercise in the U.S. of its V-gis(TM) v-chip set-top unit for
use with existing televisions. Sales of the units were much less than anticipated due to a lack of awareness of the set-top unit
configuration by parents in the U.S. Tri-Vision continues to look at various ways, such as the Internet, to make its V-gis(TM)
set-top box available to consumers. It is expected that stronger sales of the v-chip set-top unit will be achieved at the time new
televisions with v-chip branding begin to appear in electronics retail stores in the U.S. In addition to activities relating to its
v-chip technology, the Company is also focusing its efforts to expand the markets for its traditional CATV product lines such as
infrared remote controls, regular converter lines and addressable Pay-TV systems. Tri-Vision Electronics Inc., a wholly-owned
subsidiary of Tri-Vision International Ltd./Ltee, holds the exclusive global rights to the patented, flexible v-chip technology
developed by award-winning Canadian inventor, Tim Collings. Tim Collings was prompted to develop his v-chip technology a
decade ago following the brutal massacre of 14 female engineering students in Montreal. The globally acclaimed V-gis(TM)
v-chip technology, provides parents with an easy to use means of controlling the quality and content of television programming
entering the home by blocking or selecting television programs based on content. This means that television shows can be
selected based on prescribed ratings as well as varying levels of violence, sex, language and dialogue. Tri-Vision International
Ltd./Ltee is a public company founded in 1986 and trades on Canada's Toronto Stock Exchange under the symbol TVL. For
investor or media information, contact Century Communications Corporation at (888) 298-8551 (toll free). Visit the
Company's website at www.tri-vision.ca or e-mail to tri-vision@tri-vision.ca. The Toronto Stock Exchange has not reviewed
and does not approve or disapprove of the adequacy or accuracy of this release.
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