Business Services Industry
SunnComm Receives $4 Million for Digital Content Security License
Business Wire, Nov 6, 2001
Business Editors, High-Tech Writers
PHOENIX--(BUSINESS WIRE)--Nov. 6, 2001
SunnComm, Inc. (OTC:SUNX), a leader in digital content security for optical media, today announced that it has licensed its Proprietary Copy Management Technology to Dstage.com, Inc. (OTCBB:DSTG) for a one-time fee of $4,000,000.
Designed to inhibit digital intellectual property from unauthorized duplication, this special licensing will enable Dstage to integrate the SunnComm technology exclusively for media player applications. This will insure that compilation discs and copies made and managed using the Dstage media player currently under development cannot, themselves, be duplicated.
"Our digital content security for optical media will enable Dstage to integrate its media player applications with our technology, thereby substantially extending the CD user experience," SunnComm's President, Peter H. Jacobs stated. "The prospects of licensing parts of our latest CD protection and enhancement technology with other unique, complementary applications that exist in the world today creates opportunities for SunnComm to leverage its technology into the marketplace thus benefiting music CD buyers, record labels, and SUNX shareholders."
According to Dstage President Sue Perrault "The rights management and copy protection space is still being defined, with billions at stake for publishers, artists and developers. As with most early growth industries, the question is simply not who will be first to market with a solution. Instead, the issues are what solution will add the most value, be deployed most efficiently, and reliably protect rights over the long term without risking the user experience. We believe that SunnComm's technology goes a long way in answering these questions. Combining this power with certain other solutions should complete the journey."
About SunnComm:
SunnComm, Inc. (SUNX:OTC) is a leader in digital content security for optical media with its MediaCloQ suite of products. The SunnComm technology was commercially released by Music City records and became the United States' first "cloaked" Audio CD. "Charley Pride -- A Tribute to Jim Reeves" is available at retailers around the world. SunnComm develops proprietary (patents pending) software applications designed to protect digital intellectual property from unauthorized duplication. To learn more about our digital content security technology, please contact our Investor Relations Center at 602/267-7500 or email your request to investor@SunnComm.com. For general information about the company, please visit the Company's website at http:// www.sunncomm.com.
About Dstage:
Dstage.com, Inc. was formed in October of 1999 to pursue a new approach to venture formation and development. The Dstage model attempts to substantially reduce burdensome cash requirements from the earliest stages of venture creation and replace it with proven knowledge, expertise, technology and other forms of "securitized" intellectual capital. To learn more about the Dstage approach to venture formation and intellectual capital securitization, please contact our Investor Relations Center at 909/471-2898 or email your request to IR@dstage.com. For general information about the company, please visit the Company's Investor Relations Center at www.dstage.com.
FORWARD LOOKING STATEMENT DISCLOSURE
In conjunction with the provisions of the Safe Harbor section of the Private Securities Litigation Reform Act of 1995, this news release may contain forward-looking statements pertaining to future anticipated projected plans, performance and developments, as well as other statements relating to future operations. All such forward-looking statements are necessarily only estimates of future results and there can be no assurance that actual results will not materially differ from expectation. Further information on potential factors that could affect SunnComm, Inc. is available by contacting the company at 602/267-7500.
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