One-Red Unveils New Licensing Program for DVD-Software Manufacturers and DVD-PC Manufacturers

  One-Red Unveils New Licensing Program for DVD-Software Manufacturers and
  DVD-PC Manufacturers

Business Wire

SUNNYVALE, Calif. -- October 15, 2012

One-Red LLC, the licensing company for the joint DVD patent licensing program,
has announced the formation of a new patent licensing program for DVD-software
manufacturers and DVD-PC manufactures. This new licensing program will become
available as of October 15, 2012.

One-Red was established in 2011 by Koninklijke Philips Electronics N.V.
(“Philips”), Pioneer Corporation (“Pioneer”) and Sony Corporation (“Sony”) and
is authorized to offer patent licenses on behalf of Philips and Sony for CD
products and on behalf of LG Electronics, Inc. (“LG”), Philips, Pioneer and
Sony for DVD products to interested third parties.

On July 1, 2012 One-Red launched a DVD licensing program for DVD Discs and DVD
Players. Today’s announcement extends One-Red’s DVD licensing program to
DVD-software manufacturers and DVD-PC manufactures.

Under the terms of the new program, One-Red will offer two separate
agreements. The DVD- software license agreement will apply to DVD-software and
the DVD-PC license agreement will apply to pre-installed DVD-software in PCs.

The program will therefore also have two different royalty rates which are as
follows:

  *DVD Software Manufacturers (USD)

       *DVD Playback Software
         Standard rate: ($0.85); Compliant Rate: ($0.55)
       *DVD Combi Software
         Standard rate: ($1.35); Compliant Rate: ($0.90)
       *DVD Recorder Software
         Standard rate: ($1.95); Compliant Rate: ($1.30)

  *DVD PC Manufacturers (USD)

       *PC with pre-installed DVD software and no DVD Drive
         Standard rate: ($0.595); Compliant Rate: ($0.390)
       *PC with pre-installed DVD software and DVD Playback Drive
         Standard rate: ($0.595); Compliant Rate: ($0.390)
       *PC with pre-installed DVD software and DVD Combi Drive
         Standard rate: ($0.945); Compliant Rate: (0.630)
       *PC with pre-installed DVD software and DVD Recorder Drive
         Standard rate: ($1.365); Compliant Rate: ($0.910)

“One-Red is extending licenses to DVD-software manufacturers and DVD-PC
manufacturers due to market demand and to give those manufacturers the
assurance that their products are not infringing on patent rights administered
by One-Red,” stated One-Red Chief Executive Officer Susumu Aoyagi. “With these
new licensing agreements, One-Red’s intention is to support the creation of a
level playing field across the industry and to meet the industry’s need for
patent coverage of DVD technologies.”

More information about the DVD-software manufacturer and DVD-PC manufacturer
license agreements may be found on One-Red’s website.

The DVD-software manufacturer and DVD-PC manufacturer licenses are being
offered on reasonable and non-discriminatory terms and conditions. Each patent
owner whose patents are included in this new licensing program is also willing
to make available separate licenses under these same patents (“Company Only
Licenses”).

About One-Red LLC

Based in Sunnyvale, CA with offices in thirteen countries, One-Red administers
patent licensing programs for optical storage products including Compact Discs
(CD), Digital Versatile Discs (DVD) and Blu-Ray Disc (BD) products. In
addition, One-Red is positioned to manage and administer patent licensing
programs for other technologies. One-Red was created in 2011 by Koninklijke
Philips Electronics N.V., Sony Corporation and Pioneer Corporation. For more
information please visit www.one-red.com.

Contact:

Media Contact for One-Red LLC
Sheri Singer (on behalf of One-Red LLC)
703-346-7111 (mobile)
Sheri.singer@verizon.net