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Company Update

8 Jul 2014 07:00

EMBLAZE LTD - Company Update

EMBLAZE LTD - Company Update

PR Newswire

London, July 8

Emblaze Ltd (LSE:BLZ) ("Emblaze" or "the Company") Company Update Legal claim against Apple Inc. Tel Aviv, Israel, 8 July, 2014 Legal claim against Apple Inc. Further to recent press reports with regard to the trial currently taking placein the United States District Court for the Northern District of California (inSan Jose), USA, in Emblaze's suit for patent infringement against Apple Inc. inrelation to Apple's HTTP Live Streaming technology and Emblaze's U.S. PatentNumber 6,389,473, the Company confirms that an expert engaged by the Companyhas estimated the value of the Company's claim against Apple to be in theamount of approximately $511 million for the period through June 2013. Apple is vigorously defending the claim and there can be no assurance as to theoutcome of the trial. As such, the sum that may be awarded to the Company, ifany, cannot be estimated at present. In addition, the Company anticipates thata substantial percentage of any settlement or recovery achieved in respect ofsaid claim, if any, will be paid to its legal and other advisers (includingemployees) on a contingency basis. Based on the advice of the Company's U.S. legal counsel, it is anticipated thata verdict in respect of said claim should be rendered by no later than the weekof July 18, 2014. Any judgment entered in the case will be subject to anappeal, and the appeal process may take 12 to 18 months, or even longer. The Company will continue to update the market in respect of any furthermaterial developments in the case, as appropriate. Further information about the Company For more information about the Company, visit www.emblaze.com. Enquiries: Eyal Merdler, CFO: eyal.merdler@emblaze.com 1

ERM/459844v6

Date   Source Headline
13th Jun 20128:00 amPRNTransaction in Own Shares
12th Jun 20124:32 pmPRNManagement Update
11th Jun 20129:46 amPRNEmblaze's Media Streaming Patent and MPEG-DASH
11th Jun 20128:38 amPRNTransaction in Own Shares
7th Jun 201211:54 amPRNShare Repurchase Programme
29th May 201212:01 pmPRNNotification of Major Interest in Shares
21st May 20128:31 amPRNEmblaze UK Subsidiary Wins £1.5 million Tax Dispute
16th May 201211:07 amPRNInterim Management Statement
26th Apr 20124:40 pmRNSSecond Price Monitoring Extn
26th Apr 20124:35 pmRNSPrice Monitoring Extension
16th Apr 201212:39 pmPRNManagement Update
12th Mar 20128:23 amPRNFinal results for the year ended 31 December 2011
21st Feb 20124:43 pmPRNResults of Annual General Meeting
9th Feb 20124:40 pmRNSSecond Price Monitoring Extn
9th Feb 20124:35 pmRNSPrice Monitoring Extension
17th Jan 201210:01 amPRNManagement Update
16th Jan 201211:27 amPRNNotice of Annual General Meeting
17th Nov 201110:17 amPRNInterim Management Statement
2nd Nov 20114:40 pmRNSSecond Price Monitoring Extn
2nd Nov 20114:35 pmRNSPrice Monitoring Extension
17th Oct 20114:40 pmRNSSecond Price Monitoring Extn
17th Oct 20114:35 pmRNSPrice Monitoring Extension
16th Sep 20114:41 pmRNSSecond Price Monitoring Extn
16th Sep 20114:35 pmRNSPrice Monitoring Extension
13th Sep 20118:54 amPRNLicense Agreement
31st Aug 20118:08 amPRNInterim Results For The Six Months Ended 30 June 2011
30th Aug 20117:00 amPRNHuawei to License Emoze's Push Email Solution
17th Aug 20114:40 pmRNSSecond Price Monitoring Extn
17th Aug 20114:35 pmRNSPrice Monitoring Extension
28th Jun 201111:17 amPRNEmblaze's Network Media Streaming Patent
19th May 20118:45 amPRNInterim Management Statement
16th May 20114:40 pmRNSSecond Price Monitoring Extn
16th May 20114:35 pmRNSPrice Monitoring Extension
3rd May 20114:40 pmRNSSecond Price Monitoring Extn
3rd May 20114:35 pmRNSPrice Monitoring Extension
12th Apr 201110:11 amPRNNotification Of Major Interest In Shares
22nd Mar 201111:16 amPRNFinal results for the year ended 31 December 2010
17th Feb 20118:23 amPRNDirectorate Change
21st Dec 20108:41 amPRNTCL Communication selects EMOZE
20th Dec 201012:07 pmPRNNOTIFICATION OF INTEREST IN ZONE-IP LTD.
26th Nov 20107:45 amPRNCompletion of sale and directorate changes
24th Nov 20102:45 pmPRNResults of Annual General Meeting
19th Nov 20107:28 amPRNINTERIM MANAGEMENT STATEMENT
29th Oct 20104:40 pmRNSSecond Price Monitoring Extn
29th Oct 20104:35 pmRNSPrice Monitoring Extension
20th Oct 20105:50 pmPRNNOTICE OF ANNUAL GENERAL MEETING AND POSTING OF CIRCULAR
8th Oct 20107:31 amPRNEMBLAZE UK SUBSIDIARY WINS £8.8 MILLION TAX APPEAL
3rd Sep 201011:20 amPRNEmblaze signs agreement to sell stake in Formula Systems
1st Sep 20107:10 amPRNManagement Update
31st Aug 20107:00 amPRNHalf-yearly Report

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