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AudioRamp to Integrate InterTrust's Leading Digital Rights Management Technology; iRad Family of Internet Stereos to Enable the Delivery of Secure Digital Music

Business Wire, August 8, 2000

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: ITRU), the leading developer of peer to peer, distributed digital rights management (DRM) 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, retrieve, store and play MP3 or WMA 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 and chief business officer, InterTrust Technologies 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, 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 Operating System and the open architecture of the Internet, the iRad products provide the ability to access millions of online audio destinations through the units contained 56k modem, Ethernet connection or Home PNA 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 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 capabilities such as streaming, downloadable MP3 and WMA audio, together with a Web based 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.


 

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