SOURCE: Zoran Corporation

Zoran Corporation

June 22, 2009 20:11 ET

Zoran Corporation Settles Outstanding Litigation With DTS and Obtains Blu-ray License

SUNNYVALE, CA--(Marketwire - June 22, 2009) - Zoran Corporation (NASDAQ: ZRAN), a leading provider of digital solutions for applications in the digital entertainment and digital imaging markets, today announced that it has settled all outstanding litigation with DTS and has obtained a license for all DTS related technologies required for Blu-ray products.

Zoran expects to roll out its integrated single chip solution for Blu-ray products by the end of the year and to leverage its existing position in the DVD market to establish a leading position in the Blu-ray market. Zoran looks forward to working with DTS going forward.

About Zoran

Zoran Corporation, based in Sunnyvale, California, is a leading provider of digital solutions for applications in the digital entertainment and digital imaging markets. With two decades of expertise developing and delivering digital signal processing technologies, Zoran has pioneered high-performance digital audio and video, imaging applications, and Connect Share Entertain™ technologies for the digital home. Zoran's proficiency in integration delivers major benefits for OEM customers, including greater capabilities within each product generation, reduced system costs, and shorter time to market. Zoran-based DTV, set-top box, DVD, digital camera, multimedia mobile phone, and multifunction printer products have received recognition for excellence and are now in hundreds of millions of homes and offices worldwide. With headquarters in the U.S. and additional operations in China, England, France, India, Israel, Japan, Korea and Taiwan, Zoran may be contacted on the World Wide Web at www.zoran.com or at 408-523-6500.

Contact Information

  • Zoran Corporation:
    Karl Schneider
    Chief Financial Officer
    (408) 523-6500
    Email Contact

    Bonnie McBride (Investors)
    (415) 454-8898
    Email Contact