Settlement Release
PIXFUSION SETTLES PATENT COMPLAINT AGAINST FUNNYBIT STUDIOS;
FORGES LICENSING AGREEMENT
NEW YORK, Date -- PixFusion LLC, creators of customized video products and services and owner of a patent portfolio relating to personalized video and entertainment products, has settled its patent infringement claim against FunnyBit Studios LLC, it was announced today. 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.
PixFusion also announced that it has granted FunnyBit a license to PixFusion’s portfolio.
Other terms of the agreement were not disclosed.
With PixFusion’s patents and their original video productions, FunnyBit offers consumers personalized entertainment products through its website www.funnybio.com.
Brian Dowdall, President of PixFusion, commented, “We are pleased to add FunnyBit to our
ever-growing list of licensees. While, naturally, we vigorously defend our patents, we also selectively make our licenses available to develop the overall market for photo-personalized video products and services. FunnyBit offers an imaginative product line that utilizes our technology in a very fresh way. I have every confidence that we will have a long and fruitful relationship.”
In addition to its patent portfolio, PixFusion publishes an award-winning line of children’s DVDs through its Kideo™ brand. A wide array of personalized titles are available from Kideo, including releases from such renowned brands as:
- Spiderman™
- Dora the Explorer©
- Barney™
- Care Bears™
- Baby Genius®
- Arthur©.
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FOR MORE INFORMATION:
Susan Lietz, PixFusion
susanlietz@aol.com
917.499.5053
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 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© and Care Bears™, among others. This line is distributed through a rapidly expanding network of outlets, including direct-to-consumers at www.kideo.com, numerous retail channels and through a variety of other indirect means. In addition to its consumer entertainment division, PixFusion has entered into several licenses of its proprietary intellectual property platform based on the strength of its long-standing patent portfolio.
About FunnyBit:
FunnyBit Studios, LLC is a professional video production company that creates humorous gifts combining imagination with entertaining storylines, professional graphic artistry, and clever video production techniques. The result is a humorous, personalized, and affordable video for any occasion where the laughter it creates will be as appreciated as the gift itself.
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