HEVC Advance Begins Issuing Licenses

BOSTON, Jan. 19, 2016 /PRNewswire/ -- HEVC Advance, an independent licensing administrator, today announced it has begun accepting requests for licenses to the HEVC/H.265 worldwide essential patents of its licensor companies.

"After receiving a positive response from market participants to our recently announced updated royalty rate structure, we are excited to facilitate accelerated adoption of HEVC/H.265 patented technology," said HEVC Advance CEO Pete Moller. "Our efficient licensing process will allow organizations of any size to quickly and easily secure necessary patent rights to integrate HEVC/H.265 technology into their products and services."

In addition, HEVC Advance announced its participation at the Mobile World Congress in Barcelona February 22-25 and DVB World 2016 March 14-16. We invite attendees interested in learning more about the HEVC Advance licensing process to e-mail us at [email protected] in order to arrange a conversation with an HEVC Advance representative.

HEVC Advance also announced the selection of Profirm, also known by its brand name Adminius, to provide worldwide services to HEVC Advance and its licensees and licensors for royalty reporting, royalty invoicing, royalty collection, royalty distribution and withholding tax management.

"Adminius has proven that it has highly skilled staff, customized systems and efficient processes capable of managing the most complex licensing contracts," said Moller. "The firm's premium quality services make it the ideal partner for HEVC Advance."

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 will provide a transparent and efficient licensing mechanism for HEVC patented technology. For more information about HEVC Advance, visit hevcadvance.com.

SOURCE HEVC Advance

Related Links

http://hevcadvance.com