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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
17th Oct 20134:36 pmPRNIrrevocable Undertakings
16th Oct 20136:25 pmPRNNotice of EGM and Posting of Circular
2nd Oct 20138:00 amPRNCompany Update
27th Aug 20134:54 pmPRNCompany Update
22nd Aug 201311:52 amPRNNotification of Major Interest in Shares
22nd Aug 201311:03 amPRNCompany Update
21st Aug 20137:00 amPRNNotification of Major Interest in Shares
21st Aug 20137:00 amPRNNotification of Major Interest in Shares
19th Aug 20133:37 pmPRNCompany Update
16th Aug 20137:00 amPRNBoard Change
15th Aug 201311:45 amPRNFurther Company Update
15th Aug 20138:50 amRNSSuspension Emblaze Ltd
14th Aug 20137:00 amPRNCompany Announcement
13th Aug 20137:00 amPRNInterim Results for the Six Months Ended 30 June 2013
1st Jul 20139:55 amPRNTransaction in Own Shares
28th Jun 20137:00 amPRNTransaction in Own Shares
26th Jun 20137:00 amPRNTransaction in Own Shares
25th Jun 20137:00 amPRNTransaction in Own Shares
21st Jun 20137:00 amPRNTransaction in Own Shares
20th Jun 20137:00 amPRNTransaction in Own Shares
19th Jun 201310:47 amPRNTransaction in Own Shares
18th Jun 20137:00 amPRNTransaction in Own Shares
17th Jun 20137:00 amPRNTransaction in Own Shares
14th Jun 20137:00 amPRNTransaction in Own Shares
13th Jun 20137:00 amPRNTransaction in Own Shares
12th Jun 20137:00 amPRNTransaction in Own Shares
10th Jun 20137:00 amPRNTransaction in Own Shares
7th Jun 20137:00 amPRNTransaction in Own Shares
6th Jun 20137:00 amPRNTransaction in Own Shares
5th Jun 20137:00 amPRNTransaction in Own Shares
4th Jun 201312:00 pmPRNTransaction in Own Shares
3rd Jun 20137:00 amPRNTransaction in Own Shares
31st May 20137:00 amPRNTransaction in Own Shares
30th May 20137:00 amPRNTransaction in Own Shares
28th May 20137:00 amPRNTransaction in Own Shares
21st May 20134:40 pmRNSSecond Price Monitoring Extn
21st May 20134:35 pmRNSPrice Monitoring Extension
17th May 20137:00 amPRNInterim Management Statement
14th May 20137:00 amPRNTransaction in Own Shares
13th May 20137:00 amPRNTransaction in Own Shares
10th May 20137:00 amPRNTransaction in Own Shares
8th May 20137:00 amPRNTransaction in Own Shares
7th May 20137:00 amPRNTransaction in Own Shares
3rd May 20137:00 amPRNTransaction in Own Shares
2nd May 20137:00 amPRNTransaction in Own Shares
22nd Apr 20137:00 amPRNTransaction in Own Shares
19th Apr 20137:00 amPRNTransaction in Own Shares
18th Apr 20137:00 amPRNTransaction in Own Shares
17th Apr 20137:00 amPRNTransaction in Own Shares
15th Apr 20137:00 amPRNTransaction in Own Shares

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