CompuSonics Video Corp.(fka CPVD)

[DFLY]

ive been watchin this one fer sometime then seen it wake then a poster named Livetech started posting the rumor around including on my board and posted the website too to me via pm..i dug into it as i thought if it were true it would be huge..so i called the company etc..check livetechs posts some erased already..heres what he sent me..

Sent By: livetech To: DFLY Date:10/7/2009 11:03:43 AM


My buddy found this from a newsletter

CompuSonics Video Corporation
www.CompuSonicsVideo.com

CompuSonics Video Corporation engages in the ownership and licensing of various patents in the fields of digitalization and compression of audio and video files.
CompuSonics Video Corp. has reached an out-of-court settlement regarding their patents. For several years, they believed their patents have been used worldwide without their permission, which led to patent infringement. Furthermore, with this settlement in place, shareholders should be tremendously rewarded! Further details will be released soon.......

The patents are related to the encoding and decoding of audio into digital MP3 format.
These patents can be regarded as "signposts" leading to the MPEG-2
and MP3 data compression standards. Here a few details on some
CompuSonics Video patents:

US Patent 4682248: Audio and Video Digital Recording and Playback System
US Patent 4755889: Audio and Video Digital Recording and Playback System
European Patent EPO 237561: Audio and Video Digital Recording and Playback System
European Patent EPO 140957: Audio Digital Recording and Playback System
US Patent 4636876: Audio Digital Recording and Playback System
US Patent 4472747: Audio Digital Recording and Playback System
Canadian Patent 1237520: Audio and Video Digital Recording and Playback System
Canadian Patent 518409: Audio Digital Recording and Playback System
Japan Patent 2053230: Audio and Video Digital Recording and Playback System
Japan Patent 2596420: Audio and Video Digital Recording and Playback System

Outstanding Shares: 180,006,250

Authorized Shares: 300,000,000

About MP3 MPEG-1/MPEG-2: www.mp3licensing.com

Licensed Companies: www.mp3licensing.com/licensees/index.asp

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