ObjectVideo Enters into Global, Portfolio-Wide Patent License Agreement with Bosch

 ObjectVideo Enters into Global, Portfolio-Wide Patent License Agreement with
                                    Bosch

  PR Newswire

  RESTON, Virginia, Nov. 14, 2012

RESTON, Virginia, Nov. 14, 2012 /PRNewswire/ -- ObjectVideo, Inc., announced
today that it has reached an amicable settlement with Bosch Security Systems,
Inc., of Fairport, New York, which includes, among other mutual obligations, a
global, portfolio-wide patent license agreement with Bosch. The agreement
settles patent infringement litigation in the Eastern District of Virginia.
ObjectVideo and Bosch have also asked the United States International Trade
Commission (USITC) to terminate its proceedings related to the matter.

"We are pleased to have entered into a global, portfolio-wide license
agreement with Bosch, a leader in the video security market," said Raul
Fernandez, chairman of ObjectVideo.

"The agreement amicably settles the matter and allows us to focus our full
attention on our customers," said Christopher Gerace, president, Bosch
Security Systems, Inc.

Bosch is the seventh licensee to join ObjectVideo's patent licensing program;
other licensees include Sony Corporation, Pelco by Schneider Electric, Tyco
Security Products' American Dynamics business unit and VIVOTEK. The company
holds 47 U.S. and international patents and has 45 U.S. and international
patents pending.

About ObjectVideo, Inc. ObjectVideo is a leading innovator of intelligent
video software, utilized by organizations worldwide to enhance security,
streamline operations and provide business intelligence. ObjectVideo's
patented technology can be effectively deployed anywhere within a video system
and is available to market through leading providers as a high-value component
of the surveillance solution. For more information, please visit
www.objectvideo.com .

Website: http://www.objectvideo.com
Contact: Edward Troha, Managing Director, ObjectVideo, Inc., +1-703-654-9322,
pr@objectvideo.com
 
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