PR84631

BOSTON, July 2, 2020 /PRNewswire=KYODO JBN/ --

-- Caps will also remain unchanged for HEVC Advance Licensees in the program

before 2021

HEVC Advance, an independent licensing administrator, today announced that the

current royalty rates offered by its HEVC/H.265 Pool License will remain

unchanged for its next five-year term, beginning January 1, 2021, through

December 31, 2025 (the "First Renewal Term").

HEVC Advance also announced that the Category and Enterprise Caps will increase

by 20% beginning on January 1, 2021, but those increases will be suspended

through the end of the First Renewal Term for all Licensees in the program by

December 31, 2020, and that remain in good-standing.

"We are very pleased that our Licensors have decided to maintain existing

royalty rates and caps for those companies that are meeting their IP

obligations," said HEVC Advance CEO, Peter Moller. "This decision of our

Licensors is especially note-worthy considering the overwhelming success of the

HEVC Advance pool in consolidating HEVC patent owners -- with now 29 Licensors

and ~11,000 essential patents as compared to our launch in 2016 with 6

Licensors and ~500 essential patents -- all with no increase in royalty rates!"

HEVC Advance reminds any holders of HEVC Standard Essential Patents that are

not yet Licensors in the HEVC Advance Pool that incentives in the form of

increased patent points are still available for patents submitted and

determined to be essential by December 31, 2020. For further information please

contact HEVC Advance at licensing@hevcadvance.com.

About HEVC Advance

HEVC Advance is an independent licensing administrator company formed to lead

the development, administration and management of an HEVC/H.265 patent pool for

licensing essential patents. HEVC Advance provides a transparent and efficient

licensing mechanism for HEVC patented technology. For more information about

HEVC Advance, visit www.hevcadvance.com.

Contact: press@hevcadvance.com

SOURCE HEVC Advance