SGOCO Group, Ltd. Signed an Exclusive Agency Agreement in Macau

SHENZHEN, China, Jan. 26, 2016  -- SGOCO Group, Ltd. (SGOC) ("SGOCO" or the "Company"), a company focused on product design, distribution and brand development in the Chinese display and computer product market, today announced that BOCA International Limited ("BOCA"), the Company's recently-acquired subsidiary, has signed a long-term, primary and exclusive agency agreement with Macau Jinyi Technology Co., Ltd ("Macau Jinyi"). Under the terms of the agreement, BOCA authorized Macau Jinyi to exclusively develop and marketing the BOCA branded energy saving and environmental protection products and technologies in Macau, China.

Macau Jinyi is an affiliate of Macau Far East International Group which is a real-estate developer in Macau. As an important part of Macau Far East, Macau Jinyi is currently promoting its electric tour bus plan to Macau government and local casinos and resorts in an endeavor to replace the traditional buses and thus reduce the carbon-dioxide emission and improve the air quality in Macau. This is a niche market for SGOCO to generate sizable revenue.

SGOCO Group, Ltd. Announces Solid Growth in Revenues and Earnings for First Quarter 2013

SGOCO Group, Ltd. (SGOC) ("SGOCO" or the "Company"), a company focused on product design, distribution and brand development in flat-panel display products, today announced its unaudited operating results for the three months ended March 31, 2013.

2013 First Quarter Overview

SGOCO started the year 2013 with a solid year-over-year growth of both its revenues and profits. Compared with the first quarter of 2012, SGOCO achieved top line increase of 58.0% and bottom line increase of 87.5% for the first quarter of 2013.

SGOCO Group, Ltd. Reports Unaudited Financial Results for the Fourth Quarter and Full Year 2012

SGOCO Group, Ltd. (SGOC), ("SGOCO" or the "Company"), a company focused on product design, distribution and brand development in the Chinese flat-panel display market, today announced its unaudited financial results for the fourth quarter and the full year ended December 31, 2012.

Given the significant changes to SGOCO's business model and balance sheet pursuant to the Sale of Honesty Group in the fourth quarter of prior year, SGOCO considers year-over-year comparisons of financial results less relevant and quarter-over-quarter results more relevant.

TiVo Announces Settlement of Patent Litigation With Verizon

TiVo and Verizon Enter Into a Patent Licensing and Commercial Arrangement

TiVo Inc. ( NASDAQ : TIVO ) announced today that it has settled its pending patent litigation with Verizon Communications Inc. and that the companies have entered into a mutual patent licensing arrangement. Under the terms of the settlement, Verizon will provide TiVo total compensation worth at least $250.4 million. The payments from Verizon to TiVo shall be comprised of a $100 million initial cash payment followed by recurring quarterly payments totaling an additional $150.4 million through July 2018. If the companies pursue certain commercial initiatives prior to December 21, 2012, up to $29.4 million of the payments made by Verizon would be subject to a credit of an equal amount. In addition to the guaranteed compensation, Verizon will also pay monthly license fees through July 2018 for each Verizon DVR subscriber in excess of certain pre-determined levels.