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To: kamtrader who wrote (391)6/15/1999 12:57:00 PM
From: Alain  Read Replies (1) | Respond to of 77509
 
Tiens, juste pour toi...

Tri-Vision concludes licensing agreement with Sharp Corporation of Japan

Tri-Vision International Ltd TVL
Shares issued 48,577,396 Jun 14 close $2.80
Tue 15 Jun 99 News Release
Mr. Najmul Siddiqui reports
Tri-Vision International, together with Nichimen Corporation of Japan, has
announced that Sharp Corporation of Japan has executed the final documents
to license Tri-Vision's patented, flexible V-gis v-chip technology for use
in its new televisions. Inclusion of Tri-Vision's unique v-chip technology
will allow Sharp to meet the U.S.-legislated requirement for v-chip
blocking capabilities in its new televisions starting this year. Sharp
manufactured over eight million televisions for global markets last year.
According to Tri-Vision president and CEO, Najmul Siddiqui, "The licensing
by Sharp represents a significant step forward in establishing Tri-Vision's
V-gis technology as the industry standard for flexible v-chip technology in
new televisions around the globe. The agreement will also be supportive to
other licensing discussions that Tri-Vision and Nichimen Corporation
continue with other major TV manufacturers in North America, Japan, Asia
and Europe."
"This is a momentous occasion for our team, including Tim Collings and many
others, who have dedicated countless hours to bring this important
technology to families in North America and around the world," Mr. Siddiqui
added. "Sharp's reputation as an innovator adds further credibility to
Tri-Vision's v-chip technology as it becomes the standard for Sharp's
export television products."
The V-gis v-chip technology provides a 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's V-gis v-chip technology is the only v-chip technology
available to TV manufacturers that is able to automatically reconfigure in
the field," stated V-gis v-chip technology inventor and Tri-Vision
director, Mr. Collings. "This unique feature will provide parents and
legislators with the peace of mind that any changes to the U.S. TV ratings
systems will not render new TVs obsolete. Tri-Vision's v-chip technology
has been tested extensively and has received an extremely high approval
rating from parents who found the technology helpful and easy to use."
Tri-Vision is a leader in the development and marketing of v-chip
technology. The company's efforts have been praised by world leaders;
Tri-Vision executives have been guests at the White House and two separate
G7 Summit conferences in Brussels, Belgium, where Mr. Collings, inventor of
the v-chip and Tri-Vision director, spoke as an expert on the technology
and its potential uses.
In accordance with the U.S. Telecommunications Act of 1996, the Federal
Communications Commission has mandated that from Jan. 1, 2000, all
televisions sold in the United States, with a picture screen 13 inches or
more, must be equipped with v-chip blocking capability. Between July 1,
1999, and Dec. 1, 1999, an average of 50 per cent of new televisions
available for sale must provide v-chip blocking. Tri-Vision's V-gis v-chip
technology meets the U.S.-legislated requirement.
Tri-Vision Electronics Inc., a wholly owned subsidiary of Tri-Vision
International, holds the exclusive global rights to the unique, patented
v-chip technology.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com