Tri-Vision licenses V-chip technology to Taiwanese manufacturer Chunghwa

TORONTO (CP) - Tri-Vision International Ltd. (TSX:TVL), which designs V-chips that can block television content based on rating systems, said Tuesday it has licensed patented technology to manufacturer Chunghwa Picture Tubes Ltd. of Taiwan.
The licenses are valid through the expiration of the patent in 2016.

Financial terms of the deal were not released.

Chunghwa makes optoelectronic display components used in thin-film transistor liquid-crystal display, projection, plasma display panel and cathode ray tube applications.

Tri-Vision shares gained 10 cents or 5.7 per cent to $1.85 in morning trading on the Toronto Stock Exchange.

© The Canadian Press, 2006