AudioRamp to Integrate InterTrust's Leading Digital Rights Management Technology; iRad Family of Internet Stereos to Enable the Delivery of Secure Digital Music.Business Editors and High Tech Writers IRVINE, Calif.--(BUSINESS WIRE)--August 8, 2000 AudioRamp, Inc., the leading provider of Intelligent Audio(TM) Products and Services, today announced a strategic alliance with InterTrust(R) Technologies Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ITRU), the leading developer of peer to peer, distributed 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 ) technology, to integrate InterTrust's MetaTrust Utility(TM) DRM across AudioRamp's Internet stereo product line. AudioRamp will first integrate InterTrust's technology in the iRad-S and iRad-C, which is scheduled for shipment this Fall. The unique features of the iRad family of Internet stereos enable users to play secure streaming audio A one-way audio transmission over a data network. It is widely used on the Web as well as company networks to play audio clips and Internet radio. Computers in home networks stream audio (mostly music) to digital media hubs connected to home theaters. , retrieve, store and play MP3 or WMA (Windows Media Audio) An audio compression method from Microsoft. Known originally as MSAudio, this proprietary format competes with the MP3 and AAC methods. WMA encodes rapidly and is known to be especially effective at low bit rates. audio files and allow users to interact with online audio resources such as news, events and eCommerce music sites to enhance the consumer experience. "Supporting the music industry and major labels to ensure that the intellectual properties are safe and secure is a major issue today," said Dan Sheppard, president of AudioRamp. "With this agreement, the iRad family of products will be equipped with the necessary software to ensure there are no copyright infringements while protecting the rights and interests of all parties." "AudioRamp is advancing the commitment to protected distribution of music over the Internet," said Edmund Fish, EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition and chief business officer, 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. "The integration of InterTrust's leading peer to peer, DRM Technology into the iRad family of products offers the music industry a safe and secure environment to manage and distribute music content." About The iRad Product Line Designed as a stand-alone Internet appliance Also called "information appliance," "smart appliance," and "Web appliance," it is a device specialized for accessing the Web and/or e-mail. Designed for ease of use, it plugs into a telephone jack or LAN connection for Internet hookup. , AudioRamp's iRad-C (component version) and iRad-S (shelf-top version) products are the first family of Internet stereo products that uniquely providing users with a full audio experience, beyond the standard AM/FM/ CD stereo systems and streaming-only radios of today. By leveraging the power of Microsoft's Windows CE (Windows Consumer Electronics) Microsoft's version of Windows for handheld devices and embedded systems that use x86, ARM, MIPS and SHx CPUs. Windows CE .NET superseded Windows CE 3.0. Operating System operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. and the open architecture of the Internet, the Internet, the, international computer network linking together thousands of individual networks at military and government agencies, educational institutions, nonprofit organizations, industrial and financial corporations of all sizes, and commercial enterprises iRad products provide the ability to access millions of online audio destinations through the units contained 56k modem, Ethernet connection or Home PNA PNA Palestinian National Authority PNA Phoneline Networking Alliance PNA Peptide Nucleic Acid PNA Personal Navigation Assistant PNA Pacific/North American PNA Polish National Alliance (established 1880 in Chicago, Illinois) Network. The products not only provide streaming audio via the Web but can also retrieve, store, customize and personalize over 1000 MP3 or WMA audio files into custom play-lists. The products play standard CD or MP3-CDs and can rip (store) CDs to the units contained hard disk drive. An integrated tuner on the iRad-S also provides access to local AM/FM AM/FM Amplitude Modulation / Frequency Modulation AM/FM Auto-Mapping/Facilities Management stations. About AudioRamp.com AudioRamp, Inc., is a leading provider of Intelligent Audio(TM) Products and Services focused on providing Audiophiles with dynamic access to the audio and related resources they Want, Where they want it and When they want it. Founded in 1999, the company's Intelligent Audio Products and Services include a family of Internet-Stereo players under the iRad brand name, a secure pier-to-pier Internet Personal-Audio-Network for managing audio called iPan, and a user Personalized-Audio-Web site called My AudioRamp.com. AudioRamp's Intelligent Audio offering combine Traditional Audio resources such as AM, FM and CD, Internet Audio See RealAudio. capabilities such as streaming, downloadable MP3 and WMA audio, together with a Web based Coming from a Web server. See Web application. client server capability to provide Audiophiles infinite choices of additional audio, music, information, resources and eCommerce from multiple Internet desitnations through a single touch-point. For more information on the company visit their web site at www.AudioRamp.com or call 949/789-1140. 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 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(TM), an interoperable global commerce system. InterTrust serves as the commercial administrator of the MetaTrust Utility, ensuring the neutrality, security, commercial reliability, and trusted interoperability of devices, services, and applications. The statements contained in this release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, including statements regarding distribution of the InterRights Point, and InterTrust's expectations, beliefs, hopes, intentions or strategies regarding the future. All forward-looking statements included in this document are based upon information available to InterTrust as of the date hereof, and InterTrust assumes no obligation to update any such forward-looking statement. Actual results could differ materially from current expectations. Factors that could cause or contribute to such differences include, but are not limited to, the factors and risks discussed in InterTrust's reports filed from time to time with the Securities and Exchange Commission. (c) Copyright 2000 InterTrust and DigiBox are registered trademarks of InterTrust Technologies Corporation, and InterRights Point, the InterTrust logo, MetaTrust, MetaTrust-Certified, and the 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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