Jury Awards MPEG LA Damages in Breach of Contract Lawsuit against Audiovox

MPEG LA is pleased to announce that in a breach of contract action against Audiovox Electronic Corporation, now known as VOXX International (http://www.mpegla.com/Lists/MPEG%20LA%20Legal%20Action%20List/Attachments/193/n_07-12-20_pr.pdf), the court declared the clear language of the MPEG-2 Patent Portfolio License to require that the entity selling products to the end user, either directly or through a chain of distribution, was responsible for all royalties. Today, a jury found Audiovox in breach of the MPEG-2 License and awarded MPEG LA damages on a portion of Audiovox´s unpaid sales; MPEG LA will pursue payment for the remainder.

MPEG LA, LLC

MPEG LA is the world leader in alternative technology licenses, enabling users to acquire worldwide patent rights necessary for a technology standard or platform from multiple patent owners in a single transaction as an alternative to negotiating individual licenses. Wherever an independently administered one-stop patent license would provide a convenient marketplace alternative to assist users with implementation of their technology choices, the licensing model pioneered and employed by MPEG LA may provide a solution. By balancing patent users´ interest in reasonable access with patent owners´ interest in reasonable return, MPEG LA creates the opportunity for adoption of new technologies and fuels innovation. MPEG LA´s initial licensing program for MPEG-2 digital video compression helped produce the most widely employed standard in consumer electronics history, and the MPEG LA® Licensing Model has become the template for addressing other technologies. Today MPEG LA manages licensing programs consisting of essential patents in 74 countries. For more information, please refer to http://www.mpegla.com.