Intertrust Acquires PublishOne
biz.yahoo.com
Wednesday January 31, 4:07 pm Eastern Time
Press Release
SOURCE: InterTrust Technologies Corporation
Intertrust Acquires PublishOne
Acquisition Extends InterTrust Lead in Publishing Sector and Underscores Plan to Offer Expanded Customer Services and Solutions
SANTA CLARA, Calif., Jan. 31 /PRNewswire/ -- InterTrust Technologies Corporation (Nasdaq: ITRU - news), the leading developer of peer-to-peer, distributed digital rights management (DRM) technology, today announced the acquisition of PublishOne Inc. (www.publishone.com), a leading developer of online publishing and distribution services for business information publishers. Merging PublishOne into InterTrust will enhance InterTrust's ability to provide partners and customers with more complete solutions and will accelerate the delivery of end-to-end services. Acquiring PublishOne also strengthens InterTrust's leadership in the publishing sector by providing InterTrust with the most advanced DRM publishing solutions for its partners and customers.
PublishOne extends InterTrust's partner base of established media and technology firms, including BMG, Universal, Adobe, Blockbuster/Enron and AOL, to include publishers and information providers such as Yankelovich Partners; Employee Benefits Institute of America, LLC; Journal of Archaeology; Mindshare, Inc.; and VNU Trade Dimensions.
Both InterTrust and PublishOne are partners with Adobe Systems. Adobe will be including InterTrust's DRM technology in its Acrobat Reader product and Acrobat Reader is the client software platform for the PublishOne Service.
``This acquisition significantly expands our presence in publishing and enables us to bring more complete DRM services and solutions to our partners and customers. These DRM service components are key for our customers to accelerate bringing their solutions to market,'' said David Ludvigson, president and chief operating officer of InterTrust. ``PublishOne brings us an outstanding customer base as well as invaluable expertise in developing and delivering an end-to-end DRM service.''
``By combining our services with InterTrust's platform, PublishOne will be able to accelerate the development of new services for the business publishing community as well as expand into new markets,'' said Kirk Loevner, PublishOne founder and CEO. ``PublishOne will be able to have a far broader impact on the industry by combining its expertise and offering with InterTrust's technology, partnerships, and resources. InterTrust's MetaTrust Utility model is especially compelling for publishers, as trustable standards and interoperability among computing platforms and devices are needed for 'publish once, consume safely anywhere.'''
PublishOne has been an InterTrust partner since 1999 and will now become a core part of InterTrust's offerings. PublishOne's CEO and founder, Kirk Loevner, joins InterTrust's senior management team as senior vice president of sales and marketing. Beyond bringing advanced online publishing technology quickly to the market, PublishOne employees will also strengthen InterTrust's sales, marketing and technical capabilities.
About InterTrust
InterTrust Technologies Corporation is the leading developer of peer-to-peer, distributed digital rights management (DRM) technology. Its general-purpose DRM platform serves as a foundation for trusted peer-to-peer and client-server e-commerce. InterTrust holds numerous patents in the area of trusted systems technology and peer-to-peer rights management, and licenses its technology and patents in the form of software or hardware and tools to partners. These partners provide digital commerce services and applications that together form the system, an interoperable global commerce network. InterTrust serves as the commercial administrator of the system, branded as the MetaTrust Utility®, ensuring the neutrality, security, commercial reliability, and trusted interoperability of devices, services, and applications. For more information, please visit the InterTrust Web site at intertrust.com .
About PublishOne
Founded in 1999, PublishOne (www.publishone.com) provides online publishing and distribution services for publishers of business information who wish to profitably and securely transform their businesses from the paper-based world to the digital one. Built upon industry leading DRM and security technologies from InterTrust Technologies Corporation and Adobe Systems Incorporated, PublishOne enables publishers to market and sell content over the Internet, significantly expanding their business models and revenue streams. The company is backed by the funding and guidance of leading Internet entrepreneurs and computer industry executives.
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: DigiBox, the InterTrust logo, MetaTrust, and The MetaTrust Utility are registered trademarks of InterTrust Technologies Corporation, and TrustChip, RightsChip, InterRights Point, MetaTrust-Certified, Rights/PD and Rights/System 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.
PublishOne is a service mark of PublishOne Inc. |