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RightsMarket Inc. to Capitalize on Growth Opportunities with Appointment of New Chief Operating Officer.


Business Editors

CALGARY, Alberta--(BUSINESS WIRE)--Aug. 24, 2000

Lindsay Moir, President and Chief Executive Officer, RightsMarket Inc. (CDNX CDNX

See Canadian Venture Exchange (CDNX).
:RTS (Request To Send) An RS-232 signal sent from the transmitting station to the receiving station requesting permission to transmit. Contrast with CTS.

1. (operating system) RTS - run-time system.
2.
.)(OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:RMKTF) is pleased to announce the appointment of Jim Godsell to the newly-created position of Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
.

Godsell has been progressively involved with RightsMarket since November 1999, initially serving on the company's technology advisory board. In June of this year, Godsell was appointed to the position of Vice President of Business Development.

"We recognized the talent and experience that Jim Godsell has brought to our company, and his appointment and increased level of responsibility will assist RightsMarket in the successful implementation of our strategic plan and business model," said Moir. "Jim will continue to be responsible for sales and marketing activities, however, his primary emphasis will be on operationalizing our technology, developing strategic business relationships and further building our infrastructure."

Jim Godsell, B.Sc. has over 20 years of technology experience, specializing in taking new companies and technologies to market, and has been a co-founder and director of several international software ventures. Most recently, Godsell was Vice President and Business Unit Manager for Beta Systems Software AG Berlin Storage Division. He was also the Vice President of Sales and Marketing and a founder of Harbor Systems Management Ltd., a Calgary, Alberta-based storage management software company. His career also includes senior-level responsibility for development and product management at several international technology companies including Digital Communications Transmitting text, voice and video in binary form. See communications.  Associates (DCA (1) (Document Content Architecture) IBM file formats for text documents. DCA/RFT (Revisable-Form Text) is the primary format and can be edited. DCA/FFT (Final-Form Text) has been formatted for a particular output device and cannot be changed. ) in Switzerland and at IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  in Germany.

"I am very excited about my new position at RightsMarket, and strongly believe that the company has significant opportunities in the flourishing 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
) industry," said Godsell. "Analysts predict that, by 2003, the DRM market will grow to $27 billion, with eText sales alone expected to reach $17.6 billion by 2004. Being early to market with a feature-rich products and services, RightsMarket has a significant edge over competitors, many of whom have only recently recognized the immense DRM opportunity."

Moir summarized: "The next few months are going to be very exciting for RightsMarket, including a number of international trade marketing initiatives which are underway, the pending general release of our RightsMarket software at the end of September and further developments in our RightsPublish pilot program. Further involving Jim at the senior management level as Chief Operating Officer will undoubtedly contribute to our ability 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 opportunities available in this market."

About RightsMarket

RightsMarket Inc. is a publicly traded, high technology company (CDNX-RTS) specializing in digital rights management. Its principal product is RightsPublish, one of the first online solutions for protecting digital content on the Internet. RightsMarket dramatically increases security, reduces distribution costs and speeds delivery time to the consumer. The technology facilitates the commercial distribution of digital content by encrypting the property, authenticating users, enforcing the terms and conditions of use, and creating a transaction log for reporting and billing. The technology is 'persistent' in that the digital content must be unlocked each time it is accessed by the user. RightsMarket is a trademark of RightsMarket.com Inc.

For more information about RightsMarket please visit our website at www.RightsMarket.com.

The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX)  has neither approved nor disapproved of the information contained herein.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Aug 24, 2000
Words:535
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