Logica Holdings announces licensing agreement with Dolphin Entertainment
June 16 2008 - 5:07PM
PR Newswire (US)
Partnership will further Enhance Distribution for Logica's websites
and will enable Dolphin to create sites for its core brands using
Logica's state-of-the-art biometric technology platform TORONTO,
June 16 /PRNewswire-FirstCall/ -- Logica Holdings, Inc. (OTCBB:
LGHL.OB), a company that develops unique social networking websites
using state-of-the-art biometric identity authentication
technology, announced today that it has signed a partnership and
licensing agreement with Dolphin Entertainment, a Miami-based,
Emmy-award(TM) nominated production and distribution company of hit
television programs for children, most notably Nickelodeon's
top-rated series Zoey 101 and hit show Ned's Declassified School
Survival Guide, among many others. In addition to these popular TV
shows, Dolphin's current projects also include Nickelodeon's
first-ever made-for-television movies: Shredderman Rules!, The Last
Day of Summer and the Roxy Hunter mystery movie franchise. Dolphin
Entertainment is also developing its first feature film, based on
the real life story of Bethany Hamilton, a teen-age shark attack
survivor and professional surfer, titled Soul Surfer: the Bethany
Hamilton Story. Under the terms of the three-year agreement,
effective May 28, 2008, Logica Holdings Inc. and Dolphin
Entertainment will work together to create and manage several
social networking websites, comprised of multiple
subscription-based sites which will be themed around Dolphin's own
brand properties. The websites, under the Dolphin umbrella of
Companies will utilize Logica's proprietary biometric technology
platform, allowing for the creation of the world's safest and most
secure social networking websites on the internet today. Dolphin
Entertainment will also take over the management and promotion of
Logica's children and young adult websites, including
Annesdiary.com, Annesteens.com and a website currently under
development for boys ages 7 to 15. In addition, both companies will
share online user subscription revenues. "We are delighted to
partner with such an established and well-known entertainment
company," said Pino Baldassarre, Chief Executive Officer of Logica
Holdings, Inc. "We are especially pleased that Annesdiary.com will
be made available to more users around the world, thanks to
Dolphin's popular line of children's and young adult programming
and we look forward to assisting Dolphin with developing social
networking sites for their demographic using our state-of-the-art
biometric identity authentication technology platform." "Our
partnership with Logica comes at a very exciting time in our
company history," said Bill O'Dowd, President and Chief Executive
Officer of Dolphin Entertainment. "I believe our core audience
should have the ability to use the Internet without becoming
targets of online predators. Utilizing Logica's groundbreaking
security technology platform, we are confident that we can offer
our young audience an online tool where they can communicate, be
entertained, and express their creativity in a protected and safe
environment." At the heart of Logica's high-tech security platform
are the solutions of its technology partners: Novell Corporation,
Rackspace, Fujitsu, 123ID and all integrated through an exclusive
world wide licence with Weblock International. Working with all the
technology partners Logica is able to offer a proprietary platform
of identity management and database solution. Logica also possesses
the technology to create secure virtual worlds where the identities
of all members are verified and authenticated. All this while
employing a unique, secure fingerprint technology combined with
secured storage and management of information. All handled by
hacker-safe certified Rackspace hosting technology - one of the
world's largest and most secure managed hosting facilities
currently in use by such leading brands as Microsoft, Dell and
Motorola. ABOUT DOLPHIN ENTERTAINMENT
(http://www.dolphinentertainment.com/) Dolphin Entertainment,
founded by Bill O'Dowd in 1996, is one of the world's leading
entertainment companies, specializing in children's and young adult
programming. In addition to the Roxy Hunter mystery movie
franchise, Dolphin's other 2007 Executive Producer credits include
Emmy-nominated(TM) and top U.S. rated Nickelodeon series Zoey 101,
and the hit series Ned's Declassified School Survival Guide, as
well as Nickelodeon's first-ever TV movies Shredderman Rules! and
The Last Day of Summer. Complementing its financing, production,
and distribution divisions, Dolphin has successfully launched an
international merchandising and licensing group with Zoey 101
campaigns in Canada, Australia, and now Western Europe, with plans
to expand into more than two dozen countries. ABOUT LOGICA
HOLDINGS, INC. (http://www.logicaholdings.com/) Logica Holdings,
Inc. is a company whose primary focus is in the digital media,
e-commerce and information technology sectors. The current
configuration of held companies reflects a common theme: the
growing global market for social networking and downloadable
entertainment content. This is the essential idea behind the
entities that are currently part of Logica Holdings, which include
Plays On the Net, a comprehensive and global online guide to
theater, Anne's World, licensee of Annesdiary.com, the world's
first secure social networking site for girls ages 5-14, and
Curtain Rising, a user-friendly search engine which will enable
theater-goers to locate productions, venues and information with
ease. DATASOURCE: Logica Holdings Inc. CONTACT: Pino G.
Baldassarre, Chief Executive Officer, Logica Holdings, Inc., (416)
929-5798; or Ron Stabiner, The Wall Street Group, Inc., (212)
888-4848
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