SANTA MONICA, CA and MANNHEIM, GERMANY--(Marketwired - September 17, 2015) - Max Sound Corporation (
As previously stated; MAXD requested the German court to order Google and YouTube to stop streaming video via using the current VP8 or H.264 video codecs and also to stop selling video-enabled devices like Nexus' Android® Phones and Chromecast® sticks. MAXD has further requested information about any profits and that Google and YouTube are declared liable for damages based on patent infringement. MAXD claims that Google and YouTube are using the technology protected by European Patent EP 2 026 277 Optimized Data Transmission, which allows far more economically efficient transport of digital content due to greatly optimized data capacity. The Technology is claimed to be incorporated within H.264, and VP8 video standards used by Google and YouTube.
The publicly traded U.S. based technology company Max Sound Corporation (
In 2010, Google had shown interest in an acquisition of VSL's Technology and used this process to gain a comprehensive insight into the video streaming technology.
Google and many of its subsidiaries are alleged in the proceedings to use the Optimized Data Transmission Technology in one form or another. MAXD believes Google now dominates in their perspective marketplaces in large part because of the VSL technology, Business insider states; In Europe, Google has 90% of the market share in search, 80% market share in mobile, YouTube revenues were approx. 4 billion in 2014 and finally having the #1 selling streaming device.
John Blaisure, CEO of Max Sound, says, "Anyone can see that we are prepared to keep this fight going. We owe it to our shareholders, licensor, employees and all future entrepreneurs. I believe we should reward creativity and forward thinking, not discourage it through corporate theft! Google has tried every way possible to run the bases and now have hired another law firm to take over our U.S. case against them. I have one message for Google and any entity that infringed on these video streaming patents -- we are not going away and will stay the course."
Legal advisors of MAXD in Germany are ARNOLD RUESS, Dusseldorf http://www.arnold-ruess.com, and WITTMANN HERNANDEZ, Munich http://www.wh-ip.com. Both law firms are experts in the entire field of intellectual property.
Legal advisors of MAXD in the United States are Grant & Eisenhofer P.A. www.gelaw.com, and Buether Joe & Carpenter, LLC www.bjciplaw.com.
ABOUT MAX SOUND COROPORATION: MAX-D is to audio what HD (High Definition) is to video. The MAX-D™ Audio Process makes everything sound better and can convert any audio file to high definition quality while significantly reducing the file size. Visit us www.maxd.audio and www.maxsound.com. Max Sound® and MAX-D™ are Registered Trademarks and Patent Pending technologies wholly owned by Max Sound Corporation. All other trademarks are the property of their respective owners.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Statements in this press release which are not purely historical, including statements regarding Max Sound's intentions, beliefs, expectations, representations, projections, plans or strategies regarding the future are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties including, but not limited to, the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow or adequacy of capital resources, market acceptance risks, technical development risks, and other risk factors. The company cautions investors not to place undue reliance on the forward-looking statements contained in this press release. Max Sound disclaims any obligation and does not undertake to update or revise any forward-looking statements in this press release. Expanded and historical information is made available to the public by Max Sound Corporation and its Affiliates on its website http://www.maxsound.com or at http://www.sec.gov.
SOURCE: Max Sound Corporation
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