InterTrust and Sony Complete Agreement Concerning Secure Electronic Music Distribution
InterTrust Digital Rights Management and Sony OpenMG to be Interoperable
LAS VEGAS, COMDEX, Nov. 15 /PRNewswire/ -- InterTrust Technologies Corporation, the MetaTrust Utility(TM) (Nasdaq: ITRU - news), today announced that it has reached an agreement with Sony Corporation to make InterTrust's digital rights management (DRM) platform technology interoperable with Sony's ``OpenMG' technology.
InterTrust and Sony are working together to enable OpenMG compliant personal computers and Sony's portable devices such as the ``Memory Stick Walkman (NW-MS7)' and ``VAIO Music Clip (MC-P10)' to receive and securely manage content downloaded over the Internet. It may also enable MetaTrust Utility partners, especially those with a focus on electronic music distribution, to create applications that interoperate with Sony's state-of-the-art products, as well as a variety of portable devices from a variety of venders.
``We are pleased to work with InterTrust on the interoperation of InterTrust's leading rules-based DRM platform technology and Sony's leading OpenMG copyright protection technology,' said Keiji Kimura, vice president, Personal IT Network Company, Sony Corporation. ``Interoperability between InterTrust's peer-to-peer, media type independent architecture and Sony's OpenMG security technology can provide a powerful technology combination that provides many benefits to value chain participants: music companies, providers of electronic distribution systems, portable audio player manufacturers, and consumers.'
``The seamless, persistent, and secure management of digital information and support for business policies and privacy rights, is critical to the success of commercial electronic music distribution and other electronic commerce models,' said Victor Shear, chairman and CEO of InterTrust. ``Sony is providing leading edge security and copy protection technology that, in combination with rules based digital rights management, we believe can transform the digital content marketplace. Electronic music distribution is leading the way, and the protection and management of electronic music on personal computers and portable devices is a critical requirement, as demonstrated by the Secure Digital Music Initiative (SDMI). We are enthusiastic about working with Sony on the interoperation of InterTrust's general purpose DRM platform and Sony's OpenMG copyright protection technology.'
Sony's OpenMG Technology
Sony's OpenMG technology supports DRM and consists of three key functions: allowing music download through multiple electronic music distribution platforms, enabling to playback music files and CD ripping on PCs (OpenMG Jukebox), and transferring content securely from PCs to portable devices.
More information about OpenMG will be available from Nov. 20. URL: openmg.com.
Sony Corporation
Sony Corporation is a leading manufacturer of audio, video, communications and information technology products for the consumer and professional markets. Its music, pictures and computer entertainment operations make Sony one of the most comprehensive entertainment companies in the world.
Sony recorded consolidated annual sales of over $56 billion for the fiscal year ended March 31, 1999. Sony's Home Page URL: sony.co.jp.
InterTrust Digital Rights Management
Digital rights management technologies protect and manage rights and interests in digital information. InterTrust's DRM platform provides a common foundation for authors, publishers, enterprises and others to define rules for using digital information and building commercial models. InterTrust© technology is designed to protect digital information, apply rules persistently after information is distributed, and automate many of the commercial consequences of using the information. InterTrust's DRM platform is general purpose and can manage a broad range of media types, including music, publications, business information, video, games, software, and images. Content providers and enterprises can take advantage of InterTrust DRM through the use of the MetaTrust Utility, a neutrally-designed environment for digital commerce.
InterTrust Technologies Corporation
InterTrust Technologies Corporation is a leading provider of digital rights management (DRM). InterTrust has developed a general purpose DRM platform that serves as a foundation for providers of digital information, technology, and commerce services to participate in a global system for digital commerce. InterTrust licenses its DRM platform as software and tools to partners. Collectively, these partners offer digital commerce services and applications that support a global commerce system branded the ``MetaTrust Utility.' InterTrust's Home Page URL: www.intertrust.com
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 InterTrust's expectations, beliefs, hopes, intentions or strategies regarding the future and in particular, achieving interoperability with Sony's Open MG technology and growth of the digital content marketplace. 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, technical difficulties in achieving interoperability with Sony's Open MG technology, growth of digital content electronic commerce and the factors and risks discussed in InterTrust's reports filed from time to time with the Securities and Exchange Commission.
NOTE: InterTrust and DigiBox are registered trademarks of InterTrust Technologies Corporation, and the InterTrust logo, MetaTrust, and MetaTrust Utility are trademarks of InterTrust Technologies Corporation, all of which may or may not be used in certain jurisdictions. All other brand or product names are trademarks or registered trademarks of their respective companies or organizations. Sony and OpenMG are trademarks of Sony Corporation.
SOURCE: InterTrust Technologies Corporation
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