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LOS ANGELES--(BUSINESS WIRE)--Mar 26, 2014--Global 3D and visual technology licensor RealD Inc. (NYSE: RLD) filed separate patent lawsuits today in the United States District Court for the Central District of California against MasterImage 3D for their MI-Horizon3D products, and Volfoni for their SmartCrystal Diamond product. These lawsuits contend that MasterImage3D and Volfoni are infringing on RealD XL Cinema System intellectual property rights with their respective products.
“Over the years, RealD has invested heavily in research & development to ensure a premium visual experience for our customers, partners and consumers around the world. As a result, we place great value on our intellectual property,” said Michael V. Lewis, Chairman and CEO of RealD.
“RealD has a significant patent position around its XL Cinema System technology in many countries, including the United States, Europe, China, Japan, S. Korea, Australia, Brazil, Canada, India, Mexico and Russia, and we will vigorously enforce intellectual property rights for all of our products. We believe MasterImage3D and Volfoni are infringing RealD’s patents and copy the optical design of the XL Cinema System product line,” added Neil G.J. Mothew, Vice President, Intellectual Property and Legal Affairs.
With intellectual property dating back to 2006, the RealD XL Cinema System was introduced in 2008 and today is the world’s most widely used 3D cinema projection technology with more than 15,000 units installed around the world. The XL Cinema System delivers twice the light efficiency of any other 3D cinema projection technology, and as a result, it provides a superior projected 3D image at a lower operating cost.
About RealD Inc.
RealD is a leading global licensor of 3D and other visual technologies. RealD’s extensive intellectual property portfolio is used in applications that enable a premium viewing experience in the theater, the home and elsewhere. RealD licenses its RealD Cinema Systems to motion picture exhibitors that show 3D motion pictures and alternative 3D content. RealD also provides its RealD Display, active and passive eyewear, and RealD Format technologies to consumer electronics manufacturers, content producers and distributors to enable the delivery and viewing of 3D and other premium content on a variety of visual displays and devices.
RealD was founded in 2003 and has offices in Beverly Hills, California; Boulder, Colorado; London, United Kingdom; Moscow, Russia; Shanghai, China; Hong Kong; Tokyo, Japan; and Rio de Janeiro, Brazil. For more information, please visit our website at www.reald.com.
CONTACT: RealD
Rick Heineman
310-385-4020 or 310-339-9347
rheineman@reald.com
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: ENTERTAINMENT LICENSING (ENTERTAINMENT) TECHNOLOGY AUDIO/VIDEO FILM & MOTION PICTURES
SOURCE: RealD Inc.
Copyright Business Wire 2014
PUB: 03/26/2014 07:27 PM/DISC: 03/26/2014 07:27 PM
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