SOURCE: USA Video Interactive Corp.

March 02, 2007 09:00 ET

Update: USVO's Cable Companies Lawsuit

NIANTIC, CT -- (MARKET WIRE) -- March 2, 2007 -- USA Video Technology Corp.'s, a wholly owned subsidiary of USA Video Interactive Corp. (OTCBB: USVO) (TSX-V: US) (BERLIN: USF) (FRANKFURT: USF), lawsuit for alleged patent infringement of its U.S. Patent No. 5,130,792 against Time Warner, Inc., Charter Communications, Inc., Comcast Cable Communications LLC, is proceeding in the U.S. District Court for the Eastern District of Texas. Under the court's scheduling order, several phases of the litigation are proceeding as follows:

--  Various case discovery activities are currently ongoing. The parties
    are scheduled to file a joint claim construction and pre-hearing statement
    at the end of May 2007.
    
--  The claim construction issues in dispute are to be briefed by both
    sides during the summer months, culminating in a claim construction hearing
    to be conducted by the court at the end of August 2007.
    
--  Following the claim construction briefing and court hearing, discovery
    on damages, expert discovery, and completion of other discovery will take
    place in the fall of 2007.  Dispositive motions are to be filed by both
    sides at the end of November.  Various final pretrial activities are
    scheduled to take place in December and January 2008.  The court will
    schedule a hearing to consider all pending motions and objections, most
    likely in early 2008.
    
--  Docket call and final pretrial conference are scheduled for February
    4, 2008, and jury selection is slated for February 5, 2008.  The case is
    then to be tried in order with other cases on the docket.
    

About USVO:

USA Video Interactive Corp. ("USVO") designs and markets technology for delivery of digital media. USVO developed its MediaSentinel™ and SmartMark™ digital watermarking technology to provide a robust means for producers and distributors to invisibly protect their content. USA Video Technology Corp., a wholly owned subsidiary of USVO, holds the pioneering patent for store-and-forward video, filed in 1990 and issued by the United States Patent and Trademark Office on July 14, 1992; it has been cited by at least 206 other patents. USVO holds similar patents in Germany, Canada, England, France, Spain, Italy, and Japan. For more information, visit www.usvo.com.

USA Video Interactive Corporate Headquarters Office: 8 West Main Street, Niantic, Connecticut, 06357 Telephone (860) 739 - 8030 Facsimile (860) 739 - 8070; Canada Office: 507 - 837 West Hastings Street, Vancouver, BC V6C 3N6. Trading symbol on the OTCBB: USVO; Trading symbol on the TSX Venture Exchange US; Trading symbol on the Berlin and Frankfurt Stock Exchanges: USF. CUSIP 902924208. For more information contact (860) 739 - 8030 or contact@usvo.com.

The press release may contain forward-looking statements. Actual results may differ materially from those projected in any forward-looking statements. Investors are cautioned that such forward-looking statements involve risk and uncertainties, which may cause actual results to differ from those described.

MediaEscort, MediaSentinel and SmartMark are trademarks of USA Video Interactive Corp. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • USVO Investor Relations Contact:
    (860) 739 - 8030