InterTrust and Spectra.Net Communications Partner to Develop MetaTrust-Certified ThrottleBox Multimedia Software Digital Rights Managed Video, Audio, Hyperlinked Text, Graphics and Still Images Packager and Viewer for Entertainment Markets SANTA CLARA, Calif. and JOHNSON CITY, N.Y., Feb. 22 /PRNewswire/ -- InterTrust Technologies Corporation (Nasdaq: ITRU), the MetaTrust Utility(TM), and Spectra.Net Communications, Inc., developer of the popular ThrottleBox(R) multimedia software system, today announced that both companies will work together to develop MetaTrust-Certified(TM) ThrottleBox viewer and packager software. ThrottleBox is the next generation of downloadable media that enables video, audio, hyperlinked text, graphics and still images to be integrated into a single downloadable file. Integrating digital rights management (DRM) will allow ThrottleBox to not only provide robust protection for digital content, but also to generate new, flexible business offers. Consumers can freely download the ThrottleBox Player and ThrottleBox Assembly Tool (Bronze) multimedia software. An advanced commercial version of the ThrottleBox Assembly Tool is available for license. The ThrottleBox.com website contains a variety of downloadable entertainment content, including music and videos from major labels, such as Warner Bros., Atlantic, Elektra, and Reprise as well as dozens of independent record labels and artists, including Tommy Boy, Essential, Epitaph, Hollywood and Metal Blade, plus cartoons and sports. "We are pleased to be working with InterTrust, the leading DRM platform. It opens up new business models and partnering opportunities for us with record labels, artists, and other entertainment content providers on the Internet," said Drew D. Saur, vice president and CTO, Spectra.Net Communications. "InterTrust's DRM is the only technology flexible and robust enough to permit us to provide the ultimate online and offline media experience for consumers while simultaneously providing our partners with the business models they need to make real money on the Internet." "Companies can now work with Spectra.Net to deliver content and related merchandise using the versatile ThrottleBox format, integrating video, audio, graphics, images, text and hyperlinks into a single, portable file with full DRM-enabled management and protection," said Ed Fish, EVP and chief business officer, InterTrust Technologies Corporation. "With the enhanced InterTrust-enabled ThrottleBox format, content companies and consumers will have an unprecedented array of options for new media products and services, including separate purchase or promotional use offers for each content type, superdistribution, and offline capabilities. We are pleased to be partnering with Spectra.Net and look forward to the release of robust MetaTrust-Certified products and services." InterTrust Digital Rights Management Digital rights management (DRM) technologies protect and manage rights and interests in digital information. InterTrust's DRM platform provides a common foundation for distributed e-commerce digital information and event management. In the content industry, this allows authors, publishers, enterprises, governments, users and others to specify, as appropriate, rules regarding the use of digital information, and the consequences resulting from such use. InterTrust(R) technology is designed to protect digital information, apply rules persistently after information is distributed, and automate many e-commerce processes related to content use. InterTrust's DRM platform is general purpose and manages most media and content types, including music, publications, business information, video, games, software, and images. InterTrust DRM is enhanced by its use in the MetaTrust Utility, a non-discriminatory, policy neutral, global environment for digital commerce. Spectra.Net Communications Inc. Spectra.Net Communications, based in Johnson City, New York, is a leading international developer and marketer of downloadable multimedia and customized World Wide Web solutions for the Internet/intranet market. Clients include the National Golf Foundation, Telebrands/As Seen on TV, Madison Square Garden, AIG Life, Dow Jones, Combe Incorporated and the National Mentoring Partnership. Spectra.Net maintains alliances with Warner Bros. Records, Atlantic Records, Elektra Records, Billboard TalentNet, GT Bicycles, Listen.com, Tommy Boy Music, Hollywood Records, Motown Records, and many other content providers, promoters, and sponsors. ThrottleBox is a product of Spectra.Net Communications, Inc. www.spectra.net InterTrust Technologies Corporation InterTrust Technologies Corporation is the leading developer of distributed digital rights management (DRM) technology. InterTrust has developed a general purpose DRM platform that serves as a foundation for providers of digital information, technology, and commerce services. InterTrust licenses its DRM platform as software and tools to partners. Collectively, these partners offer digital commerce services and applications that form a global commerce system branded as the "MetaTrust Utility." InterTrust serves as the neutral administrator of the MetaTrust environment. www.intertrust.com 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: InterTrust and DigiBox are registered trademarks of InterTrust Technologies Corporation, and the InterTrust logo, MetaTrust, and MetaTrust Utility 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. SOURCE InterTrust Technologies Corporation -0- 02/22/2000 /CONTACT: Joseph Jennings of InterTrust Technologies Corporation, 408-855-0201, or jjennings@intertrust.com; or Leigh Anne Varney of Varney Business Communication, 415-387-7250, or la@varneybusiness.com, for InterTrust Technologies Corporation; or Lou Parmelee of Spectra.Net Communications, 607-798-7300, or lou@throttlebox.com/ /Web site: spectra.net /Web site: intertrust.com (ITRU) CO: InterTrust Technologies Corporation; Spectra.Net Communications, Inc. ST: California, New York IN: CPR MLM SU: JVN *** end of story * |