Karaoke copy protection...............
Greenleaf Technologies Announces Marketing Agreement With DKKaraoke
AUSTIN, Texas--(BUSINESS WIRE)--Dec. 15, 1997--Greenleaf Technologies Corp. (OTC BB: GLFC) today announced that it has entered into a five year marketing agreement with Daiichi Kosho U.S.A., Inc. (DKKaraoke). The agreement calls for GLFC to grant DKKaraoke the rights to use GLFC's "Digitrek(TM)" encryption technology for karaoke products. GLFC will provide the installation, manufacturing, marketing and distribution of DVD karaoke products and thereby expand DKKaraoke's customer base for karaoke products in the U.S. and international markets.
DKKaraoke is a wholly owned subsidiary of DaiichiKosho Co., Ltd, a 20 year old Tokyo, Japan based public company with annual worldwide sales of over 1 billion dollars (US). Daiichi Kosho's corporate goal, since its inception, has been to promote music, culture and the creation of an efficient communications society through karaoke. The company has maintained its status as the leading enterprise in the industry by bringing state-of-the-art technology to the market but also offering users the largest supply of high quality "karaoke sing-along" software in the world. Chris Webster, Vice President of Marketing for GLFC, stated, "Currently DKKaraoke produces equipment and software for the professional markets defined by the leisure and entertainment markets. We believe our marketing agreement now allows DKKaraoke to be able to aggressively target the retail market by introducing 'state-of-the-art' karaoke technology into the home. Recent figures suggest that there will be at least 300,000 DVD players in homes by the end of 1997 and as many as 3 million in homes by the end of 1998. Households that own DVD players and/or personal computers with DVD drives will be our initial market focus." GLFC owns certain encryption technology solutions for the protection of electronic and advanced media including technology called, "Digitrek(TM)" for use with karaoke sing-along products. The reader is advised that this release contains forward looking statements of the company and a variety of factors could cause the company's actual results to differ materially from the anticipated results or other expectations expressed. Additional information regarding those factors are available upon request. For more information, please call Richard Margulies or Eric Low at CMI Public Relations Services Inc., a wholly owned subsidiary of Creative Media International Inc. (OTC BB:CTVM), at 732/225-1234; fax 732/225-1230; Email: NYCMI@aol.com; or via the Internet: www.CMICNN.com.
CONTACT: CMI Public Relations Services Richard Margulies or Eric Low, 732/225-1234
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