Overpeer, a Subsidiary of Loudeye, Acquires Patent from the University of Tulsa Covering Anti-Piracy on Peer-to-Peer Networks
June 08 2005 - 8:05AM
PR Newswire (US)
Overpeer, a Subsidiary of Loudeye, Acquires Patent from the
University of Tulsa Covering Anti-Piracy on Peer-to-Peer Networks
SEATTLE, June 8 /PRNewswire-FirstCall/ -- Overpeer, Inc., a
subsidiary of Loudeye Corp. (NASDAQ:LOUD), a worldwide leader in
business-to-business digital media solutions, today announced that
it acquired U.S. Patent No. 6,732,180 from the University of Tulsa.
The patent defines a system for closely imitating digital media
files on peer-to-peer networks. The technology covered by this
patent can impair the ability of peer-to-peer users from
illegitimately acquiring copyrighted files. "The addition of this
technology to our patent portfolio and anti-piracy solutions
strengthens our position in the marketplace and complements our
focus on offering innovative solutions to content owners," said
Marc Morgenstern, general manager of Overpeer. The technology was
co-developed at the University of Tulsa by Professor John Hale, who
is also director of the Center for Information Security at the
University, and Dr. Gavin Manes. Loudeye's Overpeer subsidiary
provides solutions for content owners to protect their copyrighted
media on the world's peer-to-peer networks. About Loudeye Corp.
Loudeye is a worldwide leader in business-to-business digital media
solutions and the outsourcing provider of choice for companies
looking to maximize the return on their digital media investment.
Loudeye combines innovative products and services with the world's
largest digital music archive, a broad catalog of licensed digital
music and the industry's leading digital media infrastructure
enabling partners to rapidly and cost-effectively launch complete,
customized digital media stores and services. For more information,
visit http://www.loudeye.com/. Forward Looking Statements This
release contains forward-looking information within the meaning of
the Private Securities Litigation Reform Act of 1995. These
statements are based on current estimates and actual results may
differ materially due to risks, including the feasibility of new
technologies; adverse or uncertain legal developments with respect
to the patent; and other risks set forth in Loudeye's most recent
Form 10-Q, Form 10-K and other SEC filings which are available
through EDGAR at http://www.sec.gov/. Loudeye assumes no obligation
to update these forward-looking statements. DATASOURCE: Loudeye
Corp. CONTACT: media, Karen DeMarco of mPRm Public Relations,
+1-323-933-3399, or , for Loudeye Corp.; or investors, Michael
Dougherty of Loudeye Corp., +1-206-832-4000, or Web site:
http://www.loudeye.com/
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