Irvine, CA - June 5, 2008 - VIZIO, the fastest growing brand of flat panel HDTVs in North America, announced today that it is aware of a suit filed June 2, 2008 in the U.S. District Court in Manhattan by several electronics company competitors alleging that VIZIO failed to enter into a licensing agreement for MPEG-2 video compression technology.

VIZIO's suppliers have licenses for the MPEG-2 patents, and VIZIO believes that these licenses extend to VIZIO's products. VIZIO has notified its suppliers of the lawsuit and expects full support and cooperation by them in the defense of the lawsuit. Accordingly, VIZIO does not believe that the suit will have a material adverse impact on VIZIO's business.

VIZIO is working to resolve this matter with the plaintiffs and its suppliers, and it intends to defend its legal rights with vigor.

About VIZIO

VIZIO, Inc. "Where Vision Meets Value," headquartered in Irvine, California is the fastest growing brand of flat panel HDTVs in North America. VIZIO is bringing vision to the consumer electronics market through practical innovation. VIZIO products offer customers advanced technologies at the most affordable value. Products include their lines of Plasma and LCD HDTVs. For more information, please call 888-VIZIOCE or visit on the web at www.VIZIO.com.

The 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.

Press Contact:
Jim Noyd
Noyd Communications Inc.
232-D Manhattan Beach Blvd
Manhattan Beach, CA 90266
310-374-8100
jim.noyd@noydcom.com