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Message: Samsung Unveils First Camcorders With Solid-State Drives

The first settlement was recorded in fiscal Q2 with LG.

The second was in fiscal Q3 with CASIO.

The third looks to be going down in fiscal Q4 with NIKON likely the candidate.

If all three settlements are the same, they are looking at $4.8 million just on those three deals. That coupled with any IFE revenues and they will be right at back to back top line revenues years.

However, margins are much better and therefore we should be looking at higher operating profits and maybe even a net profit...a much improved bottom line.

This is assuming settlements #2 and #3 are $1.6 million apiece. Results may vary.

I would venture a guess that being in day 8 of January that there will be more settlements this quarter !



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