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

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To: Clappy who wrote (151)1/31/2001 6:03:12 PM
From: Clappy   of 201
 
Intertrust Acquires PublishOne

biz.yahoo.com

Wednesday January 31, 4:07 pm Eastern Time

Press Release

SOURCE: InterTrust Technologies Corporation

Intertrust Acquires PublishOne

Acquisition Extends InterTrust Lead in Publishing Sector and Underscores Plan to
Offer Expanded Customer Services and Solutions

SANTA CLARA, Calif., Jan. 31 /PRNewswire/ -- InterTrust Technologies Corporation (Nasdaq: ITRU -
news), the leading developer of peer-to-peer, distributed digital rights management (DRM) technology,
today announced the acquisition of PublishOne Inc. (www.publishone.com), a leading developer of online
publishing and distribution services for business information publishers. Merging PublishOne into InterTrust
will enhance InterTrust's ability to provide partners and customers with more complete solutions and will
accelerate the delivery of end-to-end services. Acquiring PublishOne also strengthens InterTrust's leadership
in the publishing sector by providing InterTrust with the most advanced DRM publishing solutions for its
partners and customers.

PublishOne extends InterTrust's partner base of established media and technology firms, including BMG,
Universal, Adobe, Blockbuster/Enron and AOL, to include publishers and information providers such as
Yankelovich Partners; Employee Benefits Institute of America, LLC; Journal of Archaeology; Mindshare,
Inc.; and VNU Trade Dimensions.

Both InterTrust and PublishOne are partners with Adobe Systems. Adobe will be including InterTrust's
DRM technology in its Acrobat Reader product and Acrobat Reader is the client software platform for the
PublishOne Service.

``This acquisition significantly expands our presence in publishing and enables us to bring more complete
DRM services and solutions to our partners and customers. These DRM service components are key for
our customers to accelerate bringing their solutions to market,'' said David Ludvigson, president and chief
operating officer of InterTrust. ``PublishOne brings us an outstanding customer base as well as invaluable
expertise in developing and delivering an end-to-end DRM service.''

``By combining our services with InterTrust's platform, PublishOne will be able to accelerate the
development of new services for the business publishing community as well as expand into new markets,''
said Kirk Loevner, PublishOne founder and CEO. ``PublishOne will be able to have a far broader impact
on the industry by combining its expertise and offering with InterTrust's technology, partnerships, and
resources. InterTrust's MetaTrust Utility model is especially compelling for publishers, as trustable standards
and interoperability among computing platforms and devices are needed for 'publish once, consume safely
anywhere.'''

PublishOne has been an InterTrust partner since 1999 and will now become a core part of InterTrust's
offerings. PublishOne's CEO and founder, Kirk Loevner, joins InterTrust's senior management team as
senior vice president of sales and marketing. Beyond bringing advanced online publishing technology quickly
to the market, PublishOne employees will also strengthen InterTrust's sales, marketing and technical
capabilities.

About InterTrust

InterTrust Technologies Corporation is the leading developer of peer-to-peer, distributed digital rights
management (DRM) technology. Its general-purpose DRM platform serves as a foundation for trusted
peer-to-peer and client-server e-commerce. InterTrust holds numerous patents in the area of trusted
systems technology and peer-to-peer rights management, and licenses its technology and patents in the form
of software or hardware and tools to partners. These partners provide digital commerce services and
applications that together form the system, an interoperable global commerce network. InterTrust serves as
the commercial administrator of the system, branded as the MetaTrust Utility®, ensuring the neutrality,
security, commercial reliability, and trusted interoperability of devices, services, and applications. For more
information, please visit the InterTrust Web site at intertrust.com .

About PublishOne

Founded in 1999, PublishOne (www.publishone.com) provides online publishing and distribution services
for publishers of business information who wish to profitably and securely transform their businesses from
the paper-based world to the digital one. Built upon industry leading DRM and security technologies from
InterTrust Technologies Corporation and Adobe Systems Incorporated, PublishOne enables publishers to
market and sell content over the Internet, significantly expanding their business models and revenue streams.
The company is backed by the funding and guidance of leading Internet entrepreneurs and computer
industry executives.

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: DigiBox, the InterTrust logo, MetaTrust, and The MetaTrust Utility are registered trademarks of
InterTrust Technologies Corporation, and TrustChip, RightsChip, InterRights Point, MetaTrust-Certified,
Rights/PD and Rights/System 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.

PublishOne is a service mark of PublishOne Inc.
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