Emerging Public Company Announces Integrated Uniloc Security Solution for Media Phone!
Market Wire, August, 2005
Wall Street News Alert's "stocks to watch" this morning are: MidNet, Inc. (OTC BB: MIDX), Intel Corporation (NASDAQ: INTC), SIRIUS Satellite Radio (NASDAQ: SIRI) and Charter Communications, Inc. (NASDAQ: CHTR).
Once again, MidNet, Inc. (OTC BB: MIDX) should be appearing on the radar screen of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company, creator, owner and operator of The Middle Network(TM), issued a press release announcing that Uniloc is introducing a beta version of the integrated security solution for the previously announced "media phone."
News of this should be welcomed by investors, as the company looks to add this critical upgrade to its product! This development will enable MidNet to present the functionality of the media phone with security enhancements provided by Uniloc to prospective service providers. Service providers will be able to brand the media phone, making it part of their product offering without having to collaborate with competitors to ensure standards-compliance.
According to the press release, Uniloc is a leading provider of security technologies for protecting electronic intellectual property. Uniloc's core capability is "Device Fingerprinting," a method of uniquely identifying a computing device for the purposes of license enforcement and access security. In other words, the computer becomes the password. Uniloc's technologies can identify an individual computing device with many times the comparable accuracy of human DNA.
The media phone is a standards-compliant java-based utility compatible with all popular operating systems, including Microsoft platforms, Apple, Linux and UNIX. The integration of Uniloc's technology provides session-specific device authentication, thereby ensuring privacy during calls, as well as enabling access control and license enforcement of file-based or live realtime-distributed content.
Watch this company! MidNet's integration of Uniloc enables The Middle Network to register standards-compliant video-enabled devices (video-enabled computing devices include all videoconferencing systems, desktop videophones, cellular videophones, or any computer equipped with a camera) to provide an environment where all these devices can communicate with privacy and security. The protection afforded to registered devices can extend to any network on which it operates, including the Internet.
Investors should continue to monitor the progress of MidNet, Inc. for further developments! According to Tilo Kunz, MidNet's president and CEO, "Video-based communication will enter the growth phase of its product lifecycle in 2006. We expect a rapid migration away from traditional telephone usage towards accessible multimedia communication once device interoperability, caller privacy, and quality of service can be assured. Based on third-party market research and internal company projections we believe that the adoption of video-based communication in the coming decade will parallel the adoption rate of the Internet in the past decade, with over seventy million new users anticipated for 2006. MidNet and Uniloc are positioned to play a significant role in this emerging market.
For updated in-depth coverage and a company profile of MidNet, visit http://www.backissuesofnewsalerts.us/MIDX0829.html
The stock closed yesterday at Fifty-Nine cents a share.
In case you are not familiar with the company: MidNet is the creator, owner, and operator of The Middle Network(TM), a commercial complement to the Internet. The Middle Network(TM) provides high-speed, high-capacity private digital connectivity to organizations and individuals, who wish to create, manage and distribute valuable intellectual properties, and communicate more effectively.
Uniloc is a technology leader in the field of intellectual property security. The Company's patented "Device Fingerprinting" technology uniquely identifies a specific device with accuracy many times that of human DNA. This breakthrough in digital rights management technology provides security across all major platforms including computers, cell phones, game boxes, MP3 players, DVD players and cable boxes. For more information, call 1-888-2UNILOC or visit www.unilocusa.com.
Stocks showing interesting activity yesterday at the close of the regular trading day were: Intel Corporation (NASDAQ: INTC) up 1.2% on 37.3 million shares traded, SIRIUS Satellite Radio (NASDAQ: SIRI) up 1.3% on 23.8 million shares traded and Charter Communications, Inc. (NASDAQ: CHTR) up 2.7% on 13.3 million shares traded.
Commentary:
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