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Technology Stocks : Acacia Technologies (ACTG)
ACTG 3.270-6.3%Nov 3 3:59 PM EST

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To: Paul Lee who started this subject12/20/2002 6:16:53 AM
From: Paul Lee   of 66
 
Acacia Licenses DMT Technology to Virgin Radio
BUSINESS WIRE - December 20, 2002 06:00
NEWPORT BEACH, Calif., Dec 20, 2002 (BUSINESS WIRE) -- Acacia Research Corporation announced today, that its Acacia Technologies Group (Nasdaq:ACTG) has licensed its Digital Media Transmission ("DMT") Technology to Radio Free Virgin, a leading digital broadcast company. Acacia's DMT Technology is a patented process for the transmission and receipt of digital audio and digital video content.

Radio Free Virgin is a privately held company funded by Richard Branson, which provides CD-quality streaming audio via the Internet through over 40 genre-based music channels. Listeners receive Radio Free Virgin's streaming audio content via the Internet by downloading a media player.
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