ASPSecure and Fasoo.com Announce Agreement to Deliver Digital Rights Management Solutions to the Asian Market.Business Editors and High-Tech Writers SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif. & SEOUL, South Korea--(BUSINESS WIRE)--Aug. 7, 2000 Partnership Furthers Digital Rights Management Efforts in Asia and the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. ASPSecure Corporation and Fasoo.com, a spin-off The situation that arises when a parent corporation organizes a subsidiary corporation, to which it transfers a portion of its assets in exchange for all of the subsidiary's capital stock, which is subsequently transferred to the parent corporation's shareholders. from Samsung SDS 1. (company) SDS - Scientific Data Systems. 2. (tool) SDS - Schema Definition Set. , today announced an agreement to jointly develop and deliver Digital Rights Management (DRM (1) (Digital Radio Mondiale) A digital audio broadcasting (DAB) system for AM radio in Europe. See HD Radio. (2) (Digital Rights M ) solutions to markets in Asia and the Pacific Rim. ASPSecure and Fasoo.com are licensed partners of InterTrust Technologies InterTrust Technologies Corporation was founded by Victor Shear in 1990 to develop and market technologies for digital rights management (DRM). Its initial public offering (IPO) was in November 1999. It was purchased by Sony and Philips in November 2002. Corporation (Nasdaq:ITRU), the leading developer of peer-to-peer, distributed digital rights management technology. Through this agreement ASPSecure and Fasoo.com will deliver DRM solutions across all aspects of digital commerce in the Far East. Targeted markets include publishing, entertainment, software distribution and personal communications. The DRM solutions will enable parties to define rules governing the authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: use of any kind of digital information and to have those rules enforced whenever and wherever usage takes place. "Trusted digital commerce is becoming a standard for conducting Internet-related business on a global basis," said Larry McArthur, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ASPSecure. "Our relationship with Fasoo.com, whose services have already been embraced by many leading content providers in Asia, demonstrates our long term commitment to this region." InterTrust partners offer commercial products and services to collectively build a global digital commerce system branded as the MetaTrust Utility(TM). The DRM platform is designed to enable creators, publishers, distributors, service providers, governments and other institutions and end users to persistently associate rights and rules with digital information. "The reach of the MetaTrust Utility(TM) is truly global and integrated at the highest levels," said Kyugon Cho, Ph.D., CEO of Fasoo.com. "This relationship is further evidence of the cooperative alignment of the InterTrust Partners in their efforts to promulgate To officially announce, to publish, to make known to the public; to formally announce a statute or a decision by a court. the MetaTrust Utility." ASPSecure ASPSecure offers custom designed Digital Rights Management (DRM) software products and services to enterprises and to ASPs, their content providers, suppliers, and customers. Based on InterTrust's (Nasdaq:ITRU) DRM technology, ASPSecure provides integration services and training as well as usage and financial clearing services to ASPs, their content providers, suppliers, and customers. ASPSecure's focus is in ASP integration, e-business, and enterprise opportunities. The company's approach enables persistent protection of digital content online or offline, usage and time-based billing, improved customer transactions and data privacy, customer-to-customer superdistribution, and access to the global MetaTrust Utility financial and usage clearing network. ASPSecure is headquartered in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. . The company's web address is www.ASPSecure.com. Fasoo.com Fasoo.com, a spin-off company of Samsung SDS, was formed to focus solely on the DRM market. Located in Seoul, South Korea, Fasoo.com provides Fasoo DRM(TM) services that include financial and usage clearinghouse services based on InterTrust's leading DRM technology. Fasoo.com provides trusted digital commerce solutions for a variety of markets domestically and internationally. The company's web address is www.fasoo.com. About InterTrust Technologies Corporation InterTrust Technologies Corporation is the primary developer of peer-to-peer, distributed digital rights management (DRM) technology. Its general-purpose DRM trust platform serves as a foundation for trusted peer-to-peer and client server e-commerce. InterTrust holds numerous patents in the area of trusted systems In the security engineering subspecialty of computer science, a trusted system is a system that is relied upon to a specified extent to enforce a specified security policy. As such, a trusted system is one which failure may break a specified security policy. technology and peer-to-peer rights management, and licenses its technology and patents in the form of software and tools to partners. These partners provide digital commerce services and applications that together form the MetaTrust Utility, aglobal system for trusted digital commerce . InterTrust serves as the commercial administrator of the MetaTrust Utility, ensuring the neutrality, security, commercial reliability, and trusted interoperability The capability of two or more hardware devices or two or more software routines to work harmoniously together. For example, in an Ethernet network, display adapters, hubs, switches and routers from different vendors must conform to the Ethernet standard and interoperate with each other. of devices, services, and applications. InterTrust is a registered trademark of InterTrust Technologies Corporation, and the InterTrust logo, MetaTrust, and MetaTrust Utility are trademarks of InterTrust Technologies Corporation, all of which may or may not be used in certain jurisdictions. All other brand or product names are trademarks or registered trademarks of their respective companies or organizations. |
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