Irvine, CA -- November 19, 2008 -- VIZIO, the fastest growing brand of flat panel HDTV's in North America, announced today that it has entered into a business resolution settling a patent infringement lawsuit filed in the US District Court for the Southern District of New York.  The lawsuit was brought by several VIZIO competitors who license their MPEG-2 patents through MPEG-LA.  As part of the settlement, VIZIO has entered into an MPEG-2 Patent Portfolio License, and the lawsuit will be dismissed.

“We are pleased that the 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 in Irvine, California, is America’s HDTV Company. In 2007, VIZIO skyrocketed to the top by becoming the #1 selling brand of flat panel HDTVs in North 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 Costco Wholesale, Sam's Club, Sears, Walmart, BJ’s Wholesale and other fine 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 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.

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Source: VIZIO, Inc.

Press Contact:
Jim Noyd
Noyd Communications Inc.
232-D Manhattan Beach Blvd
Manhattan Beach, CA 90266
T: 310-374-8100
C: 310-951-3768
jim.noyd@noydcom.com

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