CMTX News - COMTEX Enhances its Infomediary Position With ICopyright.com ALEXANDRIA, Va., June 3 /PRNewswire/ -- COMTEX announced today an agreement with iCopyright.com, the first automated copyright permissions and reprints clearinghouse, to provide rapid electronic copyright permissions and reprints to its distributors and their end-users. With this revolutionary new deal, COMTEX is in the forefront of providing easy compliance with copyright laws to its distributors and thus protecting its information publishers' valuable content. COMTEX Scientific Corporation (OTC Bulletin Board: CMTX - news) delivers real-time, enhanced global news to financial and business information distributors throughout the world.
Teaming with iCopyright.com will allow quick and legal duplication of content via COMTEX without going through the traditional copyright clearance process, which can often take weeks. COMTEX news, linked with iCopyright.com's icon, will simplify the process of legally reusing copyrighted material for the benefit of all parties involved -- information providers, distributors and end-users. COMTEX publishers will receive additional revenue, reap the benefits of an automated permissions process and be able to track licenses -- from online use to reprint -- through COMTEX' arrangement with iCopyright.com.
Incorporating iCopyright.com into its news products allows COMTEX to extend more value-adds to its distributors and keep pace with the rapid movement of the Internet economy. Now COMTEX provides not only a one source solution for real-time news, but a one stop center for reuse and reprints as well.
iCopyright.com, a privately held company based in Renton, Wash., is the first automated copyright permissions and reprint clearinghouse. The Web service, launching later this year, allows instant reuse or reprint of content from any registered publisher. At its core is the automation of three critical steps in copyright permissions -- attaining proper clearance, paying fees, and receiving material in the desired format -- simplifying a cumbersome and time- consuming process for users and publishers. For more information, visit iCopyright.com on the Web at icopyright.com.
COMTEX is a leading infomediary serving information distributors in the Internet, Wall Street and corporate markets with real-time news. Through its more than 150 distributors, COMTEX news is available to millions of end-users in the Internet market, 200,000 personal investors, 400,000 Wall Street brokers and 900,000 business professionals in the corporate market. Each day, COMTEX processes more than 14,000 national and international stories from over 45 global newswires, adds keywords, U.S. stock ticker symbols and categorizes every news item by topic. Based in Alexandria, VA, COMTEX can be found on the World Wide Web at comtexnews.com.
COMTAX Contact: Amy Gutowski, 703-820-2000 or agutowski@comtexnews.com iCopyright.com Contact: Frank Catalano, 425-430-4555, frank@icopyright.com
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