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VIZIO and Competitors Reach Business Resolution, MPEG-2 Patent Lawsuit Dismissed

(Logo: http://www.newscom.com/cgi-bin/prnh/20060307/LATU014LOGO-b)

"We are pleased that we have reached a mutually acceptable business resolution, it is VIZIO's policy to respect the rights of intellectual property, thoroughly investigate all claims and vigorously defend our legal rights when we feel a claim is invalid," stated Laynie Newsome, VIZIO Co-Founder, VP Sales and Marketing Communications.

About VIZIO

VIZIO, Inc. "Where Vision Meets Value," headquartered inIrvine, California, is America's HDTV Company. In 2007, VIZIO skyrocketed to the top by becoming the #1 selling brand of flat panel HDTVs inNorth America and became the first American brand in over a decade to lead major categories in U.S. TV sales. VIZIO is committed to bringing feature-rich flat panel televisions to market at a value through practical innovation. VIZIO offers a broad range of award winning Plasma and LCD HDTVs including the new XVT series. VIZIO's products are found at BJ's Wholesale, Costco Wholesale, Sam's Club, Sears, Walmart and other retailers nationwide along with authorized online partners. VIZIO has won numerous awards including a #1 ranking in the Inc. 500 for Top Companies in Computers and Electronics, Good Housekeeping's Best Big-Screens, CNET's Top 10 Holiday Gifts, PC World's Best Buy among others. For more information, please call 888-VIZIOCE or visit on the web at http://www.VIZIO.com.

The V, VIZIO, Where Vision Meets Value names, phrase and symbols are trademarks or registered trademarks of VIZIO, Inc. All other trademarks may be the property of their respective holders.

SOURCE VIZIO, Inc.