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Technology Stocks : Acacia Technologies (ACTG)
ACTG 3.470+3.9%Oct 31 9:30 AM EDT

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To: Paul Lee who started this subject12/22/2003 7:48:11 AM
From: Paul Lee   of 66
 
Acacia Technologies Licenses Digital Media Transmission Technology to 24/7 University

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Mon Dec 22 07:01:00 2003 EST
NEWPORT BEACH, Calif., Dec 22, 2003 (BUSINESS WIRE) --
Acacia
Research Corporation (Nasdaq: ACTG; CBMX) announced today that its
Acacia Technologies group has entered into a License Agreement for its
Digital Media Transmission ("DMT") technology with 24/7 University,
Inc.
The license to 24/7 University is Acacia's first licensing
agreement for its DMT technology with a company in the e-learning
sector. 24/7 University offers courses containing audio/video content
to corporate customers. The e-learning sector includes both for-profit
companies and non-profit institutions which provide online courses for
education and training.
Acacia has now entered into 108 license agreements for its DMT
technology with companies in the hotel in-room entertainment,
e-learning, and online music, movie, and adult entertainment
industries.
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