{"id":3005484,"date":"2007-03-02T00:00:00","date_gmt":"2007-03-02T00:00:00","guid":{"rendered":"urn:uuid:d6251d35-a883-4964-b9dd-ca00348d6c1e"},"modified":"2007-03-02T00:00:00","modified_gmt":"2007-03-02T00:00:00","slug":"immersion-and-sony-computer-entertainment-conclude-litigation-and-enter-into-business-agreement","status":"publish","type":"press-release","link":"https:\/\/sonyinteractive.com\/en\/press-releases\/2007\/immersion-and-sony-computer-entertainment-conclude-litigation-and-enter-into-business-agreement\/","title":{"rendered":"Immersion and Sony Computer Entertainment Conclude \nLitigation and Enter into Business Agreement"},"content":{"rendered":"
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SAN JOSE and FOSTER CITY, Calif., March 1, 2007<\/span> \u23af Immersion Corporation, (Nasdaq:
\nIMMR), a leading developer and licensor of touch feedback technology, and Sony Computer
\nEntertainment (SCE) today announced the companies have agreed to conclude their patent
\nlitigation at the U.S. Court of Appeals for the Federal Circuit and have entered into a new
\nbusiness agreement to explore the inclusion of Immersion technology in PlayStation\u00ae format
\nproducts.<\/p>\n<\/div>\n

\n

“We are pleased to have put this litigation behind us,” said Immersion CEO Victor Viegas. “Our
\nnew business agreement with Sony Computer Entertainment is specifically intended to enable
\nadvanced vibration capability for the benefit of the PlayStation gaming community. We are
\nhappy to provide our technology in this regard and hope to make technical proposals very soon
\nwith respect to use of our technology in the PlayStation products.”<\/p>\n<\/div>\n

\n

Immersion will receive the amount of the judgment entered by the District Court, which includes
\ndamages, pre-judgment interest, costs, and interest, in addition to retaining compulsory license
\nfees ordered by the District Court which were already paid. Terms of the business agreement
\nbetween the parties provide SCE with certain new rights with respect to Immersion\u00b4s patent
\nportfolio. Additional financial terms are not being disclosed. The conclusion of this litigation
\nand the agreement will have no material impact on Sony\u00b4s consolidated earnings forecast
\nannounced on January 30, 2007.<\/p>\n<\/div>\n

\n

“We look forward to exploring with Immersion exciting new ways to bring the largest and best
\nrange of gameplay experiences to our customers,” said Kazuo Hirai, President and Group Chief
\nOperating Officer, Sony Computer Entertainment Inc. “We are very excited about our new
\npartnership with Immersion and the potential for new and innovative products incorporating their
\ntechnologies.”<\/p>\n<\/div>\n

\n

About Immersion (www.immersion.com<\/a>)<\/h4>\n

Founded in 1993, Immersion Corporation is a recognized leader in developing, licensing, and
\nmarketing digital touch technology and products. Using Immersion\u00b4s advanced touch feedback
\ntechnology<\/span>, electronic user interfaces can be made more productive, compelling, entertaining, or
\nsafer. Immersion\u00b4s technology is deployed across automotive, entertainment, industrial controls,
\nmedical training, mobility, and three-dimensional simulation markets. Immersion\u00b4s patent
\nportfolio includes over 600 issued or pending patents in the U.S. and other countries.<\/p>\n<\/div>\n

\n

About SCEA<\/h4>\n

Sony Computer Entertainment America Inc. continues to redefine the entertainment lifestyle
\nwith its PlayStation\u00ae and PS one\u2122 game console, the PlayStation\u00ae2 and PLAYSTATION\u00ae3
\ncomputer entertainment systems and the PSP\u00ae (PlayStation\u00aePortable) system.
\nRecognized as the undisputed industry leader, Sony Computer Entertainment America Inc.
\nmarkets the PlayStation family of products and develops, publishes, markets and distributes
\nsoftware for the PS one game console, the PlayStation 2 and PLAYSTATION 3 computer
\nentertainment systems and the PSP system for the North American market. Based in Foster City,
\nCalif. Sony Computer Entertainment America Inc. serves as headquarters for all North
\nAmerican operations and is a wholly owned subsidiary of Sony Computer Entertainment Inc.<\/p>\n<\/div>\n

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About SCEI<\/h4>\n

Recognized as the global leader and company responsible for the progression of consumer-based
\ncomputer entertainment, Sony Computer Entertainment Inc. (SCEI) manufacturers, distributes
\nand markets the PlayStation\u00ae game console, the PlayStation\u00ae2 computer entertainment system,
\nthe PSP\u00ae (PlayStation\u00aePortable) handheld entertainment system and the PLAYSTATION\u00ae3
\n(PS3\u2122) system. PlayStation has revolutionized home entertainment by introducing advanced
\n3D graphic processing, and PlayStation 2 further enhances the PlayStation legacy as the core of
\nhome networked entertainment. PSP is a new handheld entertainment system that allows users
\nto enjoy 3D games, with high-quality full-motion video, and high-fidelity stereo audio. PS3 is an
\nadvanced computer system, incorporating the state-of-the-art Cell processor with super computer
\nlike power. SCEI, along with its subsidiary divisions Sony Computer Entertainment America
\nInc., Sony Computer Entertainment Europe Ltd., and Sony Computer Entertainment Korea Inc.
\ndevelops, publishes, markets and distributes software, and manages the third party licensing
\nprograms for these platforms in the respective markets worldwide. Headquartered in Tokyo,
\nJapan, Sony Computer Entertainment Inc. is an independent business unit of the Sony Group.<\/p>\n<\/div>\n

\nImmersion and the Immersion logo are trademarks of Immersion Corporation.
\n“PlayStation”, “PLAYSTATION” and “PSP” are registered trademarks of Sony Computer
\nEntertainment, Inc.
\n
\nAll other trademarks are the property of their respective owners.<\/em><\/div>\n
\n

###<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n

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