A good place to start is to post the most recent PR.
12-24-1999
RightsMarket.com Provides Additional Status Update
Calgary, Alberta--
RightsMarket.com ("RightsMarket" or the "Corporation") announces
that the Corporation's relationship with Yorkton Securities Inc.
remains intact and Yorkton Securities Inc. is currently working
with the Corporation to develop alternative financing
arrangements. As previously disclosed, RightsMarket.com Inc. will
not be proceeding with the private placement of special warrants
announced on November 25, 1999. However, renewed discussions are
under way to develop alternative arrangements and further updates
will be provided as these become finalized.
With in excess of $1.6 million cash in the bank available for
technology development purposes over the next 18 to 24 months,
RightsMarket is in an excellent position to capitalize on DRM
(Digital Rights Management) solutions in both
business-to-business and business-to-consumer sectors. The
Corporation's expanded team of eight experienced developers
continues to enhance the technology and RightsMarket anticipates
that a commercial demonstration of the technology should be
available on the RightsMarket website by the spring of 2000.
RightsMarket.com Inc. has positioned itself in one of the most
exciting areas of the Internet services industry. The Corporation
continues to aggressively market its technology and pursue new
technology applications. Discussions are progressing with several
prospective e-commerce and digital distribution partners seeking
a DRM strategy which could see the integration of RightsMarket
technology with a web-based distribution system.
RightsMarket.com is a high technology company based in Calgary,
Canada, specializing in Digital Rights Management. Its principal
product is RightsMarket(tm) technology, one of the first online
solutions for protecting digital content on the Internet
RightsMarket(tm) dramatically increases security, reduces
distribution expenses and speeds delivery time to the consumer.
The technology facilitates the commercial distribution of digital
content by encrypting it, permitting valid use only, metering
use, and creating a transaction log for reporting and billing
purposes. The technology is "persistent", in that the digital
content must be unlocked every time it is used. RightsMarket(tm)
is a trademark of RightsMarket.com Inc.
For more information please visit our website at
www.RightsMarket.com or contact:
Investor Relations Contacts:
Lindsay Moir, President Rob Solinger, CFO
Ph. (403) 571-1835 or (403) 571-1191 (Direct) (403) 571-1839
Email: moirl@RightsMarket.com rob@RightsMarket.com
The Canadian Venture Exchange has neither approved nor
disapproved the information contained herein. |
