Connected Media Technologies, Inc. Receives Notice of Allowance for U.S. Patent on ``A Media Validation System''.PLANTATION, Fla. -- New Patent Includes System of Rewarding Legitimate Owners of Copyrighted Media Connected Media Technologies, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CNCM CNCM Collection Nationale de Cultures de Microorganismes (French, Institut Pasteur, Paris, France) ), a technology and intellectual property company that architects, licenses and commercializes cutting edge, state-of-the-art technology, today announced that the United States Patent and Trademark Office The United States Patent and Trademark Office (PTO or USPTO) is an agency in the United States Department of Commerce that provides patent protection to inventors and businesses for their inventions, and trademark registration for product and intellectual property has notified the company that it intends to award the company a patent for "A Media Validation System." In general, when issued this patent will protect technology relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc a system that provides rewards - including credits and additional content - to owners of authenticated au·then·ti·cate tr.v. au·then·ti·cat·ed, au·then·ti·cat·ing, au·then·ti·cates To establish the authenticity of; prove genuine: a specialist who authenticated the antique samovar. versions of storage media such as DVD's and CD's. The presence of rewards can provide a significant incentive to own authentic versions of DVDs, CDs and other storage media. Rewarding legitimate owners of storage media can also serve to deter the unauthorized duplication and distribution of copyrighted materials. "We are very pleased to be receiving this patent on our media validation system," said Leigh M. Rothschild, Connected Media Technologies co-founder, Chairman and listed inventor on the patent. "This patent continues to build upon our portfolio of intellectual property with many applications in the digital content arena, including potential applications to combat piracy of music, video, film and other digital content. We intend to continue to develop intellectual property that attempts to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the rapid convergence of digital content, digital storage media, and the internet." Among other things, this new patent also includes a system by which a legitimate owner of authenticated media can receive reward credits that can be applied toward access to additional content as well as the purchase of more authentic media. The specific inventions covered by this new patent are set forth in the claims of the patent. In addition to the patent that will be awarded, Connected Media Technologies has one issued US Patent No. 6,101,534, "Interactive, Remote, Computer Interface System" ("'534 Patent") and has a number of other patent applications pending with the United States Patent and Trademark Office. These pending patent applications relate to CD and DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. internet convergence, internet server control and management, digital sound processing, digital imaging, digital imaging management, and other areas. The patents and patent applications are owned by the company's wholly-owned subsidiary. About Connected Media Technologies, Inc. Connected Media Technologies, Inc. (f/k/a/ Trust Licensing, Inc.), is a technology and intellectual property company that architects, licenses and commercializes cutting edge, state-of-the-art technology. Connected Media Technologies was formed to leverage an existing patent portfolio and related intellectual property and technology in order to build a collection of licensees in the areas of entertainment content (film, music, video), education, advertising, travel and promotion. In addition to pursuing direct licensing royalty arrangements it also seeks to enforce its existing issued patent and any subsequently issued or acquired issued patents. Through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , the company owns US Patent #6,101,534, "Interactive, Remote, Computer Interface System" ("'534 Patent") and has a number of additional patent applications pending with the USPTO USPTO abbr. United States Patent and Trademark Office . A non-exclusive license under the '534 Patent has been granted to InterActual Technologies, Inc., a wholly-owned subsidiary of Sonic Solutions Sonic Solutions NASDAQ: SNIC is a digital media company based in Novato, California, USA. It was created in 1986 by former Lucasfilm employees who developed the AudioDroid digital audio editing system as part of the Droidworks project. (NasdaqNM: SNIC SNIC Singapore National Institute of Chemistry SNIC Snow and Ice Clearance SNIC Sub-Network Independent Convergence (functions) SNIC Standard Network Interface Card ). Additional information about Connected Media Technologies can be found by visiting the Company's web site at http://www.connectedmedia.com. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning 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, regarding the company's business strategy and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this press release. These and other important factors, including the company's ability to prosecute and defend its patents, attract new licensees, maintain the company's relationships with strategic partners and acquire new strategic partners, the company's ability to raise additional capital and other factors mentioned in various Securities and Exchange Commission filings made periodically by the company, may cause the company's actual results and performance to differ materially from the future results and performance expressed in or implied by such forward-looking statements. The forward-looking statements contained in this press release speak only as of the date hereof and the company expressly disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in the company's expectations or future events. The Connected Media Technologies, Inc. logo is a trademark of Connected Media Technologies, Inc. |
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