PRESS RELEASE
02 October 2002
Apple and Sorenson Media Settle Lawsuit
CUPERTINO, California - October 2nd, 2002
Apple and Sorenson Media, Inc. today announced the settlement of a pending federal court lawsuit that had been brought by Apple in April 2002. The settlement provides for the dismissal of all claims and counterclaims.
Sorenson Media is a world leader in video compression technology and mediacommunications. Headquartered in Salt Lake City, Utah, Sorenson Media'smission is to provide simple and affordable solutions that enable peopleeverywhere to easily compress and deliver quality video streaming over theInternet. With its innovative tools and services that automate videocompression and streaming, Sorenson Media is in a unique position to drivemass-market adoption of rich-media delivery over the Internet.
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