NEW YORK, Nov. 14, 2011 /PRNewswire/ -- Today One-Blue announced that LG Electronics (LGE), a world-renowned global leader in consumer electronics, mobile communications and home appliances, has joined the One-Blue product licensing program as a licensor. LGE is a major contributor to the Blu-ray Disc™ standard and joins current licensors Cyberlink, Hewlett-Packard, Hitachi, JVC Kenwood, Panasonic, Philips and Sony.

"One-Blue is proud to announce that LGE has joined our licensing program as a licensor. LGE is a pioneer in the development and implementation of Blu-ray Disc™ technology and contributes many important patents to our pool," says Roel Kramer, CEO of One-Blue.

"LGE is pleased to join One-Blue as a licensor. We take pride in the contribution that LGE has made in Blu-ray Disc™ technology and the many patents resulting from such technical contribution," said Jeong-Hwan Lee, Executive Vice President and Head of IP Center of LGE.

One-Blue administers the licensing program for patents essential to Blu-ray Disc™ products and is the joint licensing agent of its licensors. For hardware and software products, the product license covers Blu-ray Disc™, DVD and CD essential patents; for disc products, the product license covers Blu-ray Disc™ essential patents. One-Blue is an innovative patent pool that levels the playing field, reduces costs, and fosters fair use of the patent system in the entire optical disc sector.

Any holder of patents essential to optical formats used in Blu-ray Disc™ products is invited to submit patents for evaluation and join the licensing program as a new licensor. Any company interested in obtaining licenses for one or more Blu-ray Disc™ products under the One-Blue product licensing program is requested to contact One-Blue at the e-mail address listed below.

More information about the One-Blue licensing program and related royalty rates can be found on www.one-blue.com.

For further information, please contact:
Ashley Teitelbaum of One-Blue via (212) 223-3190 or info@one-blue.com.

About One-Blue, LLC
One-Blue, LLC is an independent licensing company that administers a product license for patents essential to Blu-ray Disc™ products.  

SOURCE One-Blue