S.I.SV.EL. S.p.A., and its U.S. subsidiary Audio MPEG,
Inc. and Creative Technology announce that SISVEL and Audio MPEG have
granted to Creative a standard license under the MP3 and MPEG2 audio
compression patents owned by France Telecom, TDF S.A., U.S. Philips
Corporation, Koninklijke Philips Electronics N.V., Institut fur
Rundfunktechnik GmbH, and Bayerische Rundfunkwerbung GmbH. Since
Creative Technology and its subsidiaries have taken a patent license
from SISVEL and Audio MPEG the parties have agreed to dismiss the
litigation and administrative proceedings pending between them. By
taking a license Creative Technology has joined over 600 other
companies that have taken patent licenses from Audio MPEG and SISVEL
on these patents for MP3 players or other products using MPEG audio
compression.
