Acacia Research's Soundbreak.com Commences Testing.PASADENA, Calif.--(BUSINESS WIRE)--Sept. 30, 1999-- Acacia acacia (əkā`shə), any plant of the large leguminous genus Acacia, often thorny shrubs and trees of the family Leguminosae (pulse family). Research Corp. (Nasdaq/NMS:ACRI) announced today that subsidiary Soundbreak.com commenced testing of its "live" music webcast component as well as the functionality of the overall site. During the testing phase, the website will be password protected. The company's goal is to generate feedback from selected groups within its target audience regarding both the functionality and the content of the site prior to the public launch. Soundbreak, with facilities in Hollywood, Calif., is preparing for the launch of its "live" Internet site for youth-oriented music. Soundbreak plans to provide an interactive "lifestyle" site that will combine a 24-hour worldwide webcast highlighting new music hosted by on-air DJs with rich graphics, a music and merchandise store, on-demand videos, and other features. Acacia Research Corp. owns 99% of Soundbreak.com. This release contains forward-looking statements within the meaning of the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements address future events and conditions concerning Soundbreak's business plan, capital expenditures, technological developments, development of on-air talent and content, and the markets for products and services. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties, such as future economic conditions, changes in consumer demand, legislative, regulatory and competitive developments, and other circumstances affecting anticipated revenues and costs, which may cause actual results to differ materially. The company expressly disclaims any future obligation or undertaking to update or revise any forward-looking statement contained herein. Acacia Research Corp. is a diversified company diversified company A company engaged in varied business operations not directly related to one another. A diversified company is less likely to suffer either a collapse or a spectacular gain in earnings compared with a firm concentrating its operations in a with interests in several enterprises -- CombiMatrix Corp. (biochips/drug discovery technology); Greenwich Information Technologies LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (video and audio-on-demand technology); MerkWerks Corp. (software development); Signature-mail.com llc (personalized e-mail service See Internet e-mail service. ); Soundbreak.com Inc. (Internet music and e-commerce); Soundview Technologies Inc. (V-chip technology), and Acacia Capital Management (investment advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal ). |
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