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IMAGIN.NET, Inc. Files Basic Internet Patent On Interactive Programmable Toys, Which Are Simpler And Less Expensive Than Competitors'
PR Newswire - January 11, 1999 14:50
REDWOOD CITY, Calif., Jan. 11 /PRNewswire/ -- IMAGIN.NET, Inc. (OTC Bulletin Board: ITOY) announced patent filing for the company's Action Toys, which are chip equipped and hook into a special website on the internet, creating a huge range of playing scenarios. The patent will allow a child to interact with one toy, playing endless games. This is as simple as it gets! Buy an IMAGIN.NET action toy, plug it into a PC and download chosen play patterns from IMAGIN.NET WEB. Interaction with WEB improves the child's skills with wholesome playtools: there is no canned method. Other toy companies limit their products to CD-ROM software. IMAGIN.NET uses the vast power of internet and the company's huge WEB, which has endless games to download into the toy. Any child can personalize the game or change it at anytime.
The proprietary technology of the IMAGIN.NET patent is the delivery system, a different method of play and interaction which is simpler and less expensive than competitors'. IMAGIN.NET has no additional software to buy because it is on the internet. Files are selected from the website and downloaded through a personal computer to the doll or action figure. A loader program in the PC is executed by an internet browser program when a file of a designated format is downloaded. Preferably, a plurality of files are sequentially downloaded into a volatile memory in the doll with assigned pointers identifying the beginning of the files. The doll may be disconnected from the computer for stand-alone play. Buttons on the doll determine use of play.
More news will follow in the coming weeks concerning the interactive toys which will be marketed.
The backbone behind IMAGIN.NET is its founder, Lanette Orduna, a prominent force in the personal electronics industry for twenty years. She is "the founder of Electronic Talking Preschool toys," which is now a $200 million industry annually.
For further information contact: International Buying Power Corporation, (561) 482-0004/Fax (561) 488-2602.
This material was prepared by International Buying Power Corporation ("IBP"), for the company discussed herein, based upon information supplied by the client or other sources believed to be reliable. The company's actual results could differ materially from those described in the forward-looking statement discussed in this press release. This material is for information purposes and should not be considered as an offer or solicitation of an offer to buy or sell the securities. IBP, its affiliates, and/or its officers, directors and employees may from time to time have a position in these securities. IBP has received compensation for the preparation of its report.
SOURCE IMAGIN.NET, Inc.
CONTACT: International Buying Power Corporation, 561-482-0004, or fax, 561-488-2602, for IMAGIN.NET, Inc.
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