TOKYO, April 26, 2012 /PRNewswire/ -- Sisvel, a global leader in managing intellectual property and maximizing the value of patents, recently celebrated at the Italian Embassy in Japan the 5th anniversary of the founding of its subsidiary Sisvel Japan K.K. Present at the celebration was His Excellency Vincenzo Petrone, Italian Ambassador to Japan, and a large delegation from the Japanese consumer electronics industry. The Sisvel office, located in Tokyo, is strategically positioned for Sisvel's business development activities in Japan.

Ambassador Petrone stressed the importance of the event when he said, "International cooperation aimed to enhance the protection of intellectual property rights is of great importance, particularly when considering the bilateral relations that exist between Italy and Japan; both, countries are fully committed to maximizing their technical and innovative expertise. In recent years, Sisvel has become the benchmark in this area in Japan."

At the event, Mr. Roberto Dini, founder of Sisvel, stated: "Intangible assets, such as patents, trademarks and copyrights, have become an essential tool in international competition. The role of Sisvel in maximizing the value of intellectual property rights has been significant, as exemplified by the performance of both the Italian and Japanese industries. This is particularly important if we consider the increasing difficulties that industrially advanced countries are facing when competing with emerging markets."

Mr. Giustino de Sanctis, CEO of Sisvel International, added: "Japanese companies have always been very sensitive to protecting their inventions. They own patent portfolios which are among the largest in the world. Sisvel Japan's goal is to assist these Japanese companies in maximizing the value of their patent portfolios."

Hideyuki Ogata, Managing Director of Sisvel Japan K.K. also stressed: "Although many Japanese companies own many patents around the world, they have not taken the opportunity to fully capitalize these valuable assets. Sisvel Japan stands ready and is committed to assisting these companies in increasing the value of their patents and to make the so-called inventive cycle more efficient and effectively."

In closing the reception, Mr. Teruaki Aoki, President of Sony University, added: "Recently, many new products and systems incorporate a wide array of technologies developed by a number of companies. Licensors who own the IP behind such technologies as well as licensees who wish to build their business around such technologies cannot proceed by themselves under the present circumstances without professional assistance. To promote new industries and new markets as smoothly and quickly as possible, it is critical to have a partner like the Sisvel Group. They have proven time and again that they can engage both licensors and licensees around the globe. We wish the Sisvel Group continued growth and success."

About SISVEL
Started in 1982 when Sisvel S.p.A. was founded in Italy, the Sisvel Group has become a world leader in managing intellectual property and maximizing the value of patent rights. The Sisvel Group is global in scope and reach, with companies in Italy (Sisvel in None Torinese and Edico in Rome), the United States (Sisvel US and Audio MPEG in Metropolitan Washington, DC), China (Sisvel Hong Kong), Japan (Sisvel Japan in Tokyo), Germany (Sisvel Germany in Stuttgart), and Luxembourg (Sisvel International), and with over one hundred professionals worldwide with technical, legal, and licensing expertise.

Sisvel has a long history of managing successful patent portfolios including those related to the audio compression standards known as MP3 and MPEG Audio, and widespread technologies such as OSD (On Screen Display), ATSS (Automatic Tuning & Sorting System), and WSS (Wide Screen Signaling - for automatic switching of television image formats). Sisvel currently operates patent pools for the UHF-RFID, CDMA 2000, DVB-T, and DVB-T2 standards, and is in the process of creating patent pools for LTE, DVB-C2 and Wi-Fi.

For additional information: www.sisvel.com

SOURCE Sisvel