BEVERLY HILLS, Calif., Dec. 16, 2015 /PRNewswire/ -- Today, in the U.S. International Trade Commission investigation instituted against MasterImage 3D's Horizon3D cinema system products, an initial determination concluded that RealD's patents were valid and infringed by MasterImage.
RealD had filed an ITC complaint contending that the Horizon3D cinema systems infringe RealD patents covering their optical architecture and polarization control technologies. The ITC is an independent governmental agency in Washington, DC, responsible for addressing patent infringement disputes relating to goods that are manufactured abroad and imported into the United States.
RealD pioneered modern digital 3D in cinemas and is the dominant global 3D market leader with over 27,000 screens in 72 countries. RealD's XL Cinema Systems are the world's brightest, delivering the best visual experience possible to consumers.
"We are enormously pleased with today's initial determination by the U.S. International Trade Commission in our favor," said Vivian Yang, Executive Vice President & General Counsel for RealD. "We invested considerable time, effort and resources to develop the most light-efficient 3D projection system in the industry, and we will continue to aggressively enforce our intellectual property rights against any company that seeks to infringe on our patented technology."
RealD has significant patent protection surrounding its light-doubling XL Cinema System with IP covering architecture and other aspects of the inventive technology. RealD's invention patents have been consistently affirmed in both examination and re-examination proceedings around the world.
Further information concerning RealD patents can be found at www.realdpatents.com.
About RealD Inc.
RealD is a leading global licensor of 3D and other visual technologies. RealD is the world's most widely used 3D technology and our extensive intellectual property portfolio is used in applications and products that enable a premium viewing experience in the theatre, the home and elsewhere.
RealD was founded in 2003 and has offices in Beverly Hills, Boulder, London, Moscow, Shanghai, Beijing, Hong Kong and Tokyo. For more information, please visit our website at www.reald.com.
Cautionary note on forward-looking statements
This press release includes forward-looking information and statements, including but not limited to statements concerning the company's global patent portfolio. These statements are based on RealD's current expectations and beliefs, as well as a number of assumptions concerning future events. Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside of RealD's control that could cause actual results to differ materially from the results discussed in the forward-looking statements. RealD's annual and quarterly reports include a more detailed discussion of the risks and uncertainties that may cause that could cause actual results to differ materially from the results discussed in the forward-looking statements.
RealD undertakes no obligation to update publicly the information contained in this press release, or any forward-looking statements, to reflect new information, events or circumstances after the date they were made, or to reflect the occurrence of unanticipated events.
SOURCE RealD Inc.