VIZIO Files TV Patent Infringement Lawsuit Against Funai
Irvine, CA. -- May 20, 2009 -- VIZIO, Inc., the Number OneShipper of Flat Panel HDTVs in the USA, announced today that it has filed apatent infringement lawsuit in the United States District Court for the EasternDistrict of Virginia against Funai Electric Company, Ltd., a Japanesedistributor of digital televisions and related components and its wholly-ownedsubsidiary Funai Corporation, Inc.
In the suit, VIZIO, a U.S. company based in Irvine,California, alleges that Funai, acting alone and in concert with others,infringes numerous VIZIO patents in its manufacturing, importation anddistribution of high definition televisions. Funai manufactures and distributes high definition televisions for decliningmarket share brand names, including Philips, Magnavox, Emerson, Sylvania, andSymphonic.
VIZIO is seeking an injunction prohibiting Funai fromimporting and selling infringing high definition televisions and is alsoseeking award of damages for millions of past infringing sales.
Laynie Newsome VIZIO Co-founder and VP Sales and MarketingCommunications, stated, "Unlike Funai, our patent portfolio has not beenrejected by the USPTO, we at VIZIO respect the rights of intellectual propertyand we will not stand by while foreign competitors misappropriate ourintellectual property.”
About VIZIO
VIZIO, Inc., "Where Vision Meets Value," headquartered in Irvine,California, is America’s HDTV Company and Consumer Electronics Company. In2007, VIZIO skyrocketed to the top by becoming the #1 selling brand of flatpanel HDTVs in North America and became the first American brand in over adecade to lead major categories in U.S. TV sales. Since 2007 VIZIO HDTVshipments remain in the TOP ranks in North America and are again #1 in Q1, 2009with over 20% market share. VIZIO iscommitted to bringing feature-rich flat panel televisions to market at a valuethrough practical innovation. VIZIO offers a broad range of award winningPlasma and LCD HDTVs including the new XVT series. VIZIO’s products are foundat Costco Wholesale, Sam's Club, Sears, Walmart, Target, BJ's Wholesale, andother retailers nationwide along with authorized online partners. VIZIO has wonnumerous awards including a #1 ranking in the Inc. 500 for Top Companies inComputers and Electronics, Good Housekeeping's Best Big-Screens, CNET's Top 10Holiday Gifts and PC World's Best Buy among others. For more information,please call 888-VIZIOCE or visit on the web at www.VIZIO.com.
The V, VIZIO, Where Vision Meets Value names, phrase and symbols are trademarksor registered trademarks of VIZIO, Inc. All other trademarks may be theproperty of their respective holders.
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Source: VIZIO, Inc.
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News Source : VIZIO Files TV Patent Infringement Lawsuit Against Funai
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