From eMed's prospectus...
"The core technology employed in our internet application is what is referred to as dynamic HTML, which is integrated with our compression technology. This technology, which we license from AWARE, Inc., differs from typical HTML-based applications due to the number, size, and grayscale characteristics of the images. For example, one 14??17?? film, digitized at the resolution standard adopted by the American College of Radiology Standards for Teleradiology, results in excess of ten megabytes of data. Our internet server technology delivers images, text, and voice over any internet connection, including dial-up modem connections,
with acceptable clinical performance. Our internet server technology is browser-independent and employs layered security defenses against unauthorized access, as well as secure socket layers, to ensure secure transfer of information over the internet. Our internet server technology has been jointly developed under an exclusive
relationship with AWARE."
"Our licensing agreement with AWARE regarding jointly developed web server technology provides that we will have exclusive rights to this technology for medical use through its termination on December 31, 2005 and have non-exclusive rights for a period following termination. This agreement also provides that, until the same date, AWARE will be our exclusive supplier of web-based image viewing and distribution software for use in our products. We have agreed to pay license fees to AWARE based upon the sales we make to our customers. We have agreed to devote resources to marketing, support and further development of our web product, and AWARE has agreed to devote engineering resources to develop new features, applications and
technology at our request. The web server technology agreement provides that AWARE will have exclusive rights to this technology for non-medical use, and will make royalty payments to us for any licenses granted by AWARE to customers for non-medical use.
We license compression technology from AWARE under a separate agreement that provides that we will have rights to this technology for medical use on a non-exclusive basis through December 31, 2004. We have agreed to pay license fees for compression technology to AWARE based upon the sales we make to our
customers." |
