News

Target Has Agreed To Cease Sales Of ClearPlay DVD-Devices

Boca Raton, FL – November 2, 2007 – In correspondence dated today, “Target agrees to i) cease sales of the ClearPlay DVD-Device on www.target.com; ii) cancel any open orders with ClearPlay for this DVD-Device, and iii) not place any further orders for this DVD-Device.”   

With respect to all other devices capable of playing a DVD, Target has also confirmed that “Any unlicensed vendor will be required to obtain a license from Nissim or Target will cease purchases of such devices.”  

Nissim had informed Target that the ClearPlay DVD Player, model CP007-USB, and the ClearPlay Filters used by the player are not in compliance with the CustomPlay Specifications and are not covered by a Nissim license.

As in the case of an earlier infringing ClearPlay enabled DVD player, model RCA DRC232N, when Nissim immediately brought suit to stop the infringement, Thomson ceased producing the ClearPlay DVD player, and Wal-Mart ceased selling it.

Nissim is the owner of extraordinarily valuable portfolio of intellectual properties, including United States Patents that has been widely recognized by the consumer electronics industry as essential to the implementation of the DVD Specifications. Current licensees of Nissim include virtually all significant manufacturers of devices capable of playing DVDs, including Dell Products, L.P., Funai Electric Company, Ltd., Gateway Inc., Hewlett-Packard Company, Lenovo (Singapore) Pte. Ltd., LG Electronics Inc., Matsushita Electric Industrial Co., Ltd., Philips Electronics N.V., Pioneer Corporation, Sony Corporation, Thomson Multimedia SA, and Toshiba Corporation, among numerous others. Most recently, Microsoft Corporation became a direct licensee of Nissim for the Xbox 360 device.