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Technology Stocks : InterTrust Technologies (ITRU) -- Digital Rights

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To: Walter Morton who wrote (59)2/22/2000 6:23:00 AM
From: 2MAR$  Read Replies (6) of 201
 
InterTrust and Spectra.Net Communications Partner to Develop
MetaTrust-Certified ThrottleBox Multimedia Software

Digital Rights Managed Video, Audio, Hyperlinked Text, Graphics and Still
Images Packager and Viewer for Entertainment Markets

SANTA CLARA, Calif. and JOHNSON CITY, N.Y., Feb. 22 /PRNewswire/ --
InterTrust Technologies Corporation (Nasdaq: ITRU), the MetaTrust Utility(TM),
and Spectra.Net Communications, Inc., developer of the popular ThrottleBox(R)
multimedia software system, today announced that both companies will work
together to develop MetaTrust-Certified(TM) ThrottleBox viewer and packager
software. ThrottleBox is the next generation of downloadable media that
enables video, audio, hyperlinked text, graphics and still images to be
integrated into a single downloadable file. Integrating digital rights
management (DRM) will allow ThrottleBox to not only provide robust protection
for digital content, but also to generate new, flexible business offers.
Consumers can freely download the ThrottleBox Player and ThrottleBox
Assembly Tool (Bronze) multimedia software. An advanced commercial version of
the ThrottleBox Assembly Tool is available for license. The ThrottleBox.com
website contains a variety of downloadable entertainment content, including
music and videos from major labels, such as Warner Bros., Atlantic, Elektra,
and Reprise as well as dozens of independent record labels and artists,
including Tommy Boy, Essential, Epitaph, Hollywood and Metal Blade, plus
cartoons and sports.
"We are pleased to be working with InterTrust, the leading DRM platform.
It opens up new business models and partnering opportunities for us with
record labels, artists, and other entertainment content providers on the
Internet," said Drew D. Saur, vice president and CTO, Spectra.Net
Communications. "InterTrust's DRM is the only technology flexible and robust
enough to permit us to provide the ultimate online and offline media
experience for consumers while simultaneously providing our partners with the
business models they need to make real money on the Internet."
"Companies can now work with Spectra.Net to deliver content and related
merchandise using the versatile ThrottleBox format, integrating video, audio,
graphics, images, text and hyperlinks into a single, portable file with full
DRM-enabled management and protection," said Ed Fish, EVP and chief business
officer, InterTrust Technologies Corporation. "With the enhanced
InterTrust-enabled ThrottleBox format, content companies and consumers will
have an unprecedented array of options for new media products and services,
including separate purchase or promotional use offers for each content type,
superdistribution, and offline capabilities. We are pleased to be partnering
with Spectra.Net and look forward to the release of robust MetaTrust-Certified
products and services."

InterTrust Digital Rights Management
Digital rights management (DRM) technologies protect and manage rights and
interests in digital information. InterTrust's DRM platform provides a common
foundation for distributed e-commerce digital information and event
management. In the content industry, this allows authors, publishers,
enterprises, governments, users and others to specify, as appropriate, rules
regarding the use of digital information, and the consequences resulting from
such use. InterTrust(R) technology is designed to protect digital information,
apply rules persistently after information is distributed, and automate many
e-commerce processes related to content use. InterTrust's DRM platform is
general purpose and manages most media and content types, including music,
publications, business information, video, games, software, and images.
InterTrust DRM is enhanced by its use in the MetaTrust Utility, a
non-discriminatory, policy neutral, global environment for digital commerce.

Spectra.Net Communications Inc.
Spectra.Net Communications, based in Johnson City, New York, is a leading
international developer and marketer of downloadable multimedia and customized
World Wide Web solutions for the Internet/intranet market. Clients include the
National Golf Foundation, Telebrands/As Seen on TV, Madison Square Garden, AIG
Life, Dow Jones, Combe Incorporated and the National Mentoring Partnership.
Spectra.Net maintains alliances with Warner Bros. Records, Atlantic Records,
Elektra Records, Billboard TalentNet, GT Bicycles, Listen.com, Tommy Boy
Music, Hollywood Records, Motown Records, and many other content providers,
promoters, and sponsors. ThrottleBox is a product of Spectra.Net
Communications, Inc. www.spectra.net

InterTrust Technologies Corporation
InterTrust Technologies Corporation is the leading developer of
distributed digital rights management (DRM) technology. InterTrust has
developed a general purpose DRM platform that serves as a foundation for
providers of digital information, technology, and commerce services.
InterTrust licenses its DRM platform as software and tools to partners.
Collectively, these partners offer digital commerce services and applications
that form a global commerce system branded as the "MetaTrust Utility."
InterTrust serves as the neutral administrator of the MetaTrust environment.
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. 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.
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.

SOURCE InterTrust Technologies Corporation
-0- 02/22/2000
/CONTACT: Joseph Jennings of InterTrust Technologies Corporation,
408-855-0201, or jjennings@intertrust.com; or Leigh Anne Varney of Varney
Business Communication, 415-387-7250, or la@varneybusiness.com, for InterTrust
Technologies Corporation; or Lou Parmelee of Spectra.Net Communications,
607-798-7300, or lou@throttlebox.com/
/Web site: spectra.net
/Web site: intertrust.com
(ITRU)

CO: InterTrust Technologies Corporation; Spectra.Net Communications, Inc.
ST: California, New York
IN: CPR MLM
SU: JVN


*** end of story *
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