Sony – \n Kodak and Sony Have Entered Into a Broad Cross License Agreement and Settled Their Ongoing Patent Litigations
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NEW YORK, Jan. 3 /PRNewswire/ — Sony Corporation (\’Sony\’) today\nannounced that Sony and Eastman Kodak Company (\’Kodak\’) have entered into a\ncross license agreement under which Sony and Kodak will each have broad\naccess to the other\’s patent portfolio. Specific terms of the agreement\nwere not disclosed.\n Sony and Kodak have also entered into a settlement agreement resolving\ncertain outstanding patent litigations.\n This license and settlement will have no material impact on Sony\’s\nconsolidated earnings forecast announced on October 19, 2006.\n Sony Corporation, headquartered in Tokyo, is a leading manufacturer of\naudio, video, communications, and information technology products for the\nconsumer and professional markets. Its music, movie, TV,\npersonal entertainment, and on the web businesses make Sony one of the most\ncomprehensive entertainment companies in the world. Sony\’s principal U.S.\nbusinesses include Sony Electronics Inc., Sony Photos Entertainment Inc.,\nSony Computer Entertainment America Inc., and a 50% interest in Sony BMG\nMusic Entertainment, one of the largest recorded music companies in the\nworld. Sony recorded consolidated annual sales of approximately $64 billion\nfor the fiscal year ended March 31, 2006, and it employs 158,500 people\nworldwide. For more information visit http://www.sony.com\n\n\n\nSOURCE Sony Corporation\n\n\n\nSony
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