Verimatrix and Widevine Reach Settlement to End Patent Dispute on Selective Encryption Technology

SAN DIEGO, CA and SEATTLE, WA--(Marketwire - March 23, 2010) -  Verimatrix Inc. and Widevine Technologies Inc. today settled litigation pending in the Eastern District of Texas involving Widevine's U.S. Patent Nos. 7,165,175 and 7,376,831 entitled "Apparatus, System and Method For Selectively Encrypting Different Portions Of Data Sent Over A Network." Widevine filed suit in August of 2007 alleging that Verimatrix's VCAS products infringe both of Widevine's patents. Under terms of the agreement, Widevine granted Verimatrix a license to the two asserted Widevine patents and the foreign counterparts. Verimatrix makes no admission as to infringement of the patents.