SUNNYVALE, Calif., Aug. 31 /PRNewswire/ -- Trident Microsystems, Inc. (Nasdaq: TRID) today announced plans to pursue license agreements with TV OEMs and consumer electronics semiconductor providers for several of its Motion Estimation/Motion Compensation (MEMC) patents, which are essential to enhancing picture quality of LCD displays in televisions, computer monitors, tablet computers, mobile phones and other consumer electronics devices.
As a result of Trident's recent acquisitions, including TV and audio product lines from Micronas, and the set-top box and TV product lines from NXP B.V., Trident now has a comprehensive portfolio of patents that are foundational to the consumer electronics industry's ability to deliver high-quality video images. Trident plans to make a limited number of licenses available to customers and competitors to enable them to incorporate the MEMC technology originally pioneered and patented by Philips for use in their consumer video devices. This patented MEMC technology enables the judder-free and blur-free display of high definition and 3D images for high-quality televisions and other video enabled LCD display devices, and has become a de facto standard approach to picture quality.
"Trident is a technology leader in the TV and set-top box markets," said Duane Northcutt, Trident's chief technology officer. "Our patent portfolio includes MEMC technology originally developed by Philips that covers a method for enhancing picture quality used widely across much of the consumer electronics market today. Our goal is to establish license agreements with major players in the industry and enable those companies to incorporate these MEMC capabilities into their products in the future."
The company has not disclosed financial details of its licensing program. For additional information or to request a license, interested companies can contact Trident at: IP_Legal@tridentmicro.com.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. These forward-looking statements include, but are not limited to, statements about Trident's plans to pursue license agreements with TV OEMs and consumer electronics semiconductor providers for several of its Motion Estimation/Motion Compensation (MEMC) patents, including the capabilities and functionality of the patented MEMC technology. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and there are important factors that could cause Trident's actual results to differ materially from those in the forward looking statements. These risks include, without limitation, Trident's success in pursuing license agreements of this patented technology, and its ability to realize benefits as a result of this licensing program. The forward-looking statements included in this press release are made only as of the date of this press release; Trident does not undertake any obligation to publicly revise or update any such forward-looking statement to reflect events or circumstances that may arise after the statement was made. Investors are cautioned not to place undue reliance on forward-looking statements. Additional information concerning factors that could cause results to differ can be found in the Company's filings with the Securities and Exchange Commission, including the Company's most recently filed Reports on Form 8-K, Form 10-K and Form 10-Q., which are available at http://www.sec.gov.
About Trident Microsystems, Inc.
Trident Microsystems, Inc., is a leading force in the digital home entertainment market, delivering an extensive range of innovative multimedia semiconductor solutions for digital televisions and set-top boxes — at the heart of today's digital home. Its acquisition of NXP Semiconductors' set-top box and television product lines in 2010 establishes Trident as one of the top three semiconductor providers to both the TV and set-top box markets. For further information about Trident and its products, please consult the company's web site: http://www.tridentmicro.com.
NOTE: Trident and the Trident logo are either registered trademarks or trademarks of Trident Microsystems, Inc in the United States and/or other countries. All other company and product names are trademarks and/or registered trademarks of their respective owners.
SOURCE Trident Microsystems, Inc.