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Tuesday, March 11, 2003 9:21:02 AM
DALLAS, Mar 11, 2003 (BUSINESS WIRE) -- Viseon, Inc. (OTCBB:VSNI), a global manufacturer of video communications solutions, today announced that it has been awarded U.S. Patent No. 6,519,662 regarding interactive video communications over wired and/or wireless broadband networks. The allowed claims include key features of both existing corporate video conferencing systems, wired broadband videophones and potentially the new 3G wireless videophones currently in use in Asia and launching in Europe in the coming quarters.
Manufacturers demonstrating 3G wireless videophones at the 3GSM Congress in Cannes last month included Sony/Ericsson, Motorola, Fujitsu, NEC and several others. Other manufacturers discussing 3G wireless videophone launches in 2003 at the 3GSM Congress were Alcatel, Nokia, Siemens and Philips.
"Although 3G videophones are at least a year away from deployment in the U.S., we are excited that this new U.S. patent will give us further leverage in our discussions with corporate video conferencing equipment manufacturers currently selling in the U.S.," said John Harris, president and CEO of Viseon. "With our recently announced agreement with McKool Smith (02/25/03), the allowance of a European patent and the granting of this fourth U.S. patent, we anticipate that licensing will become a significant portion of our future revenues and profits."
Viseon has already licensed certain patent rights to Polycom, the world's largest provider of corporate video conferencing systems.
About Viseon
Viseon was founded in 1994 to develop and market interactive visual communications solutions. Viseon's various video conferencing technologies have been sold around the globe under its own brands, as well as with the brand names of Philips N.V. and Canon. Today, Viseon's primary focus is on the development and marketing of consumer video communication devices over wired and wireless networks. Viseon's new broadband videophone family of products provides near TV-quality, interactive audio and video over the rapidly growing residential broadband access technologies including DSL and Cable Modems. Viseon owns U.S. patent numbers 5,802,281, 6,073,192, 6,397,275 and has been notified of the allowance of additional patents in Europe and has additional patents pending.
Forward-Looking Information
Information in this news release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements involve risks and uncertainties including, without limitation, adverse business or market conditions, the ability to secure and satisfy customers, the availability and cost of materials from suppliers, adverse competitive developments, change in or cancellation of customer requirements, and other risks detailed from time to time as set forth in applicable SEC filings.
CONTACT: Viseon, Inc., Dallas
Marcie Brownlee, 214/424-5720
mbrownlee@viseonvideo.com
URL: http://www.businesswire.com
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KEYWORD: TEXAS
INDUSTRY KEYWORD: TELECOMMUNICATIONS
NETWORKING
HARDWARE
COMPUTERS/ELECTRONICS
MANUFACTURING
PRODUCT
SOURCE:
Viseon,
Inc
Daniel Nieves
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