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PIXFUSION AND JIBJAB MEDIA SETTLE:
NEW LICENSING AGREEMENT SIGNED
NEW YORK, 14 August 2008 -- PixFusion LLC, creators of customized video products and services and owner of a patent portfolio relating to personalized video and entertainment products announced today it has settled the patent infringement claim against JibJab Media Inc. The U.S. Patents involved in the settlement include Nos. 5,623,587 and 6,351,265 and patents issuing from U.S. Patent Application Serial No. 10/083,425. Other terms of the agreement were not disclosed.
With PixFusion’s patents, JibJab offers consumers personalized entertainment products. JibJab is renowned for its original content including ecards and viral videos. Marc E. Jaffe, CEO of PixFusion, commented: “JibJab is an extraordinarily talented company and we're pleased to make available a license to the PixFusion patents for such creative exploitation. This license reflects the market’s ever growing appetite for personalized products and entertainment. “
“We are pleased to have obtained a license to the PixFusion patent portfolio, which allows JibJab the freedom to continue creating and distributing innovative personalized media products,” said Gregg Spiridellis, JibJab’s CEO. “With the lawsuit behind us, we can now devote even more resources to expanding our content offerings.”
In addition to its patent portfolio, which PixFusion successfully licensed to OfficeMax for its incredibly popular ElfYourself online marketing campaign, PixFusion markets and licenses its StarMaker™ web based personalization technology in both domestic and international markets. Information about the company’s portfolio and products can be found at www.pixfusion.com. PixFusion also publishes an award-winning line of audio and photo-personalized children’s DVDs through its Kideo™ brand. PixFusion has acquired licenses from some of the most prominent and respected companies including Marvel, Nickelodeon, Hit Entertainment, American Greeting and WGBH. A wide array of personalized titles are available from Kideo, including Spiderman™, Dora the Explorer©, Barney™, Care Bears™, Baby Genius® and Arthur©.
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About PixFusion:
New York-based PixFusion LLC creates a wide range of personalized branded video products and services, and owns the patented technology that automates its products. Winner of several product awards such as the iParenting Media Award and The National Parenting Center Award, the company’s Kideo division customizes children’s DVDs of existing, licensed content from some of the most prominent and respected children’s brands including Dora the Explorer©, Spider-Man™, Barney™, Arthur©, Baby Genius® and Care Bears™. This line is distributed through a rapidly expanding network of outlets, including direct-to-consumers at www.kideo.com and numerous retail channels as well as a variety of other indirect means. In addition to its consumer entertainment division, PixFusion has entered into several licenses of its StarMaker™ proprietary intellectual property platform based on the strength of its long-standing patent portfolio.
About JibJab Media:
JibJab makes things that make people laugh. From comedy videos to Sendables® eCards and personalized Starring You!® videos, JibJab’s mission is to help more people share more laughs than any other company in the history of the world. Today, JibJab has 35 amazingly talented employees working hard to change the way entertainment is created, produced and distributed. A hundred years ago entrepreneurs revolutionized the entertainment industry with film. Today, at JibJab, we’re doing it with computers. For more info go to JibJab.com/about.
FOR MORE INFORMATION:
Abigail Adams, PixFusion
aadams@pixfusion.com
914-649 5606
Joey Infortuno, JibJab
Joey@JibJab.net
390 Park Ave. South ▪ 3rd Floor ▪ New York, NY 10016 ▪ 212-624-2450 ▪ 212-624-2468(f)
www.pixfusion.com
www.kideo.com
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