UNITED STATES | ||||||||||||||||
SECURITIES AND EXCHANGE COMMISSION | ||||||||||||||||
WASHINGTON, DC 20549 | ||||||||||||||||
FORM 8-K CURRENT REPORT | ||||||||||||||||
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 | ||||||||||||||||
Date of Report (Date of earliest reported) | May 3, 2004 | |||||||||||||||
USA VIDEO INTERACTIVE CORP. | ||||||||||||||||
(Exact name of registrant as specified in its chapter) | ||||||||||||||||
WYOMING | 0-29651 | 06-15763-91 | ||||||||||||||
(State or other jurisdiction | (Commission | (IRS Employer | ||||||||||||||
83 Halls Road, Old Lyme, Connecticut | 06371 | |||||||||||||||
(Address of principal executive offices) | (Zip Code) | |||||||||||||||
(860) 434 - 5535 | ||||||||||||||||
Registrant's telephone number, including area code | ||||||||||||||||
Not Applicable | ||||||||||||||||
(Former name or former address, if changed since last report) | ||||||||||||||||
Item 5. Other Events and Regulation FD Disclosure.
On May 3rd, 2004, the Registrant announced that it had been advised by its Japanese patent attorney that the Japanese Patent Office has granted the Registrant’s wholly owned subsidiary, USA Video Inc., Patent #3,521,282 covering its store and forward video technology, which Japanese patent corresponds to U.S. Patent #5,130,792, issued July 14, 1992 by the US Patent and Trademark Office..
A copy of the News Release dated May 3rd, 2004 is furnished as Exhibit 99.1.
Item 7. Financial Statements and Exhibits.
Exhibit 99.1
News Release dated May 3rd, 2004
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
USA VIDEO INTERACTIVE CORP.
Date :
May 3rd, 2004
By :
/s/ Anton J. Drescher
Anton J. Drescher,
Corporate Secretary
Japanese Patent Office issues USA Video Patent
Old Lyme, Connecticut, May 3, 2004– Further to the Company’s news release of January 27, 2004, USA Video Interactive Corp. (OTCBB:USVO; TSX:US; BSE/Frankfurt:USF;http://www.usvo.com/) has been advised by its Japanese patent attorney that the Japanese Patent Office has granted the Company’s wholly owned subsidiary, USA Video Inc., Patent #3,521,282 covering its store and forward video technology. The Japanese patent corresponds to U.S. Patent #5,130,792, issued July 14, 1992 by the US Patent and Trademark Office. This U.S. patent is considered a pioneering patent in the field of video-on-demand and Internet video, and has been cited by at least 165 other patents. In addition to this patent approval, USVO holds similar patents in the US, Canada, Germany, England, France, Spain, and Italy.
USVO’s subsidiary, USA Video Technology Corporation has filed a lawsuit in the US District Court of Delaware against Movielink LLC. Warner Brothers, Paramount Pictures Corporation, Metro Goldwyn Mayer, Universal Studios and Sony Pictures Entertainment are members of the limited liability company that owns and operates Movielink LLC and thewww.movielink.com web site. The Company alleges that Movielink has infringed and continues to infringe on the Company’s patented video delivery technology. USVO and its subsidiary have retained the law firm of Steptoe & Johnson LLC to represent its interests in this legal action.
About USA Video Interactive Corp.
USVO is a developer and supplier of Internet media delivery services, systems, and innovative end-to-end solutions. The Company developed its StreamHQ(TM) architecture to provide a wide range of business customers with value-added media delivery services. In addition, the Company has developed and recently released MediaSentinel(TM), its proprietary patent pending core digital rights management technology. USVO holds the pioneering patent for store-and-forward video, filed in 1990 and issued by the United States Patent and Trademark Office on July 14, 1992; it has been cited by at least 165 other patents. USVO holds similar patents in Germany, Canada, England, France, Spain, Italy and Japan. For more information, visitwww.usvo.com.
USA Video InteractiveCorporate Headquarters Office: 83 Halls Road, Old Lyme, Connecticut, 06371 Telephone (860) 434 - 5535 Facsimile (860) 434 - 5782; Canada Office: 507 – 837 West Hastings Street, Vancouver, BC V6C 3N6. Trading symbol on the OTCBB: USVO; Trading symbol on the TSX Venture Exchange US; Trading symbol on the Berlin and Frankfurt Stock Exchanges: USF. CUSIP 902924208. For more information contact Edwin Molina (860) 434 - 5535
The TSX Venture Exchange (TSX) has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
