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Message: Re: Avid Technology settles!
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Feb 06, 2009 07:35AM
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Feb 06, 2009 09:44AM

Silver, looks like you got that one.....lol Thanks

wow! A whole new case # should be coming soon!

#6

At a glance

SUIT 2 filed: 03-04-08

1) LG ELECTRONICS USA-- DONE (doc92 10/14/08{7 months}) PR9/25(no name mention) FlashR/Xlicense,10Q,

2) CASIO AMERICA--2/3 DONE (doc104 11/21/08{8 months}).. PR12/2 foreign and domestic patents including FlashR/Xlicense, 10Q soon,

3) NIKON-- 2/3? DONE (doc118 12/17/08 {9 months})...PR1/8??(no name mention) FlashR, 10Q soon,

4) OLYMPUS AMERICA--1/3 DONE (doc 127 2/3/09 {10 months})...PR/10Q soon,

5) SANYO NORTH AMERICA--1/3 DONE (doc 128 2/5/09 {10 months})...PR/10Q soon,

6) AVID ELECTRONICS--1/3 DONE (doc 130 2/6/09 {10 months})...PR/10Q soon,

7) SAMSUNG ELECTRONICS AMERICA-pending

SUIT 1 filed: 09-07-2007

8) VIVITAR-pending...waiting on decision to consolidate to Suit 2

In the Nikon et al case, the Markman Hearing is scheduled for Feb 2010.

In the Vivitar case, it's scheduled for May 2010.

Other business:

Suit filed: 05-04-06

DigEcor waiting on motion hearing Jan20th 09....now waiting on results

====================================...

Filings PR's

Guesstimate Results

"Patent license costs of revenues include contingency legal and other direct costs associated with patent licensing."

Edig preliminary up front cost 250,000 ? prorate for each settlement 250,000/4 = 62,500

====================================...

10Q see intellectual litigation for who settles , see page 21 for amounts, see income tax for foreign tax amounts

1) LG...Income tax expense of $264,000 consists of foreign taxes payable on patent license revenue.

40/60 split after.... legal expenses 10%(160,000)?

1,600,000 - (Tax)264,000 = 1,336,000 - (legal)160,000 = 1,176,000... Edig 705,600 / DM 470,400

doni

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