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Los Angeles—Jun 17, 2014

RealD Issues Statement Regarding Misrepresentations and Misleading Claims Made by Volfoni

Global 3D and visual technology company RealD Inc. (NYSE: RLD) has issued a statement to correct misinformation and to clarify misrepresentations made in a press release regarding the RealD XL Cinema System intellectual property rights and RealD’s decision to dismiss the U.S. patent lawsuit against Volfoni in the United States District Court for the Central District of California.
 
RealD made the decision to dismiss the U.S. patent lawsuit against Volfoni without prejudice only after Volfoni made specific representations and warranties that it had not sold or distributed, and is not selling or distributing, the Smart Diamond Crystal product in the United States which RealD believes infringes its US patents.  In the event Volfoni’s representations are false or Volfoni begins selling the Smart Diamond Crystal product or any modified version of that product in the United States, RealD has reserved the right to continue the suit against Volfoni in the same court, at the company’s discretion.
 
RealD maintains an extensive patent portfolio connected to its XL Cinema System product line in numerous international markets, including the United States, Europe, China, Japan, S. Korea, Australia, Brazil, Canada, India, Mexico and Russia, and intends to vigorously enforce its international intellectual property rights for all RealD products in order to stop copying and unlicensed use of its inventions by others.
 
With intellectual property dating back to 2006, the RealD XL Cinema System was introduced in 2008 and today is the world’s most widely used 3D cinema projection technology with more than 15,000 units installed around the world. The XL Cinema System delivers twice the light efficiency of any other 3D cinema projection technology, and as a result, it provides a superior projected 3D image at a lower operating cost.
 
The world’s most widely used 3D cinema technology, RealD 3D is installed in approximately 25,200 auditoriums by approximately 1,000 exhibitors in 74 countries around the world. 
 
 

About RealD:
RealD is the world’s most widely used 3D cinema technology and our extensive intellectual property portfolio is used in applications and products that enable a premium viewing experience in the theatre, the home and elsewhere.  RealD was founded in 2003 and has offices in Beverly Hills; Boulder; London; Moscow; Beijing; Shanghai; Hong Kong and Tokyo.
RealD Directory page
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More RealD News:
Feb 23, 2017 RealD Acquires Masterimage 3D Assets And Technology
Feb 6, 2017 Roger Harris Joins RealD as Managing Director of Europe, Middle East, Africa and Russia
Jan 18, 2017 L.A. Live’s Largest Movie Auditorium is Transformed into the “RealD Premiere Cinema” Featuring RealD’s New 70Ft Ultimate Screen
Aug 1, 2016 RealD Signs Largest Ever 3D Installation Agreement With Wanda Cinema As Companies Significantly Expand 3D Across China
Dec 11, 2014 RealD and Broadway Circuit Sign Deal to Install 3 “LUXE: A RealD Experience” Auditoriums
Dec 9, 2014 RealD Licenses Precision White Screen Technology To Harkness Screens International Limited
Sep 9, 2014 Pete Ludé Joins RealD
Aug 19, 2014 RealD Equips First Screens in Kazakhstan with RealD 3D
Jun 21, 2014 RealD Named 3D Technology Provider for the 17th Shanghai International Film Festival

May 12, 2014 RealD and the Space Cinema Announce Extended Agreement Including Additional 40 RealD Cinema System Installations
Mar 24, 2014 RealD and Wanda Cinema Sign Agreement to Add 780 RealD 3D Cinema Systems Across China
Jan 9, 2014 RealD TrueImage™ Image Enhancement Technology Debuts With ‘The Hobbit: The Desolation of Smaug’
Oct 10, 2013 Cinema Park and RealD Announce Agreement to Equip Up to 200 Screens with RealD 3D Technology
Oct 10, 2013 RealD and Karo Film Sign Deal to Install 10 “Luxe: A RealD Experience” Auditoriums
Aug 22, 2013 RealD and UME International Cineplex Sign Exclusive 3D Cinema Agreement Expanding to 100 Screens Across China
Aug 7, 2013 RealD and Cinemex Sign Exclusive 10-Year 3D Cinema Deal
Jun 6, 2013 RealD And Cinépolis Sign Extension Making RealD Exclusive Global 3D Technology Provider
Apr 30, 2013 RealD and Zhejiang Xingguang Cinema Circuit Sign Agreement to Install RealD 3D in 50 Cinema Auditoriums
Apr 24, 2013 RealD Opens Latin American Office in Rio de Janeiro, Brazil
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