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EL SEGUNDO, Calif. July 17, 2008 -- ContentGuard Holdings, Inc., a leading developer of digital rights
management (DRM) technology, today announced a worldwide patent
licensing agreement with Nokia Corporation, a global leader
in mobile products and services. ContentGuard technology enables the
consumer-friendly implementation of digital content distribution models
such as content rental, content subscription, variable pricing, and
secure peer-to-peer distribution. Terms of the licensing agreement were
not disclosed.
“We are extremely pleased that Nokia will be
able to use our technology in its business to advance the delivery and
consumption of digital content,” said Rob
Logan, CEO of ContentGuard. “We are confident
this will broaden and enable consumer-friendly DRM solutions in the
marketplace. This agreement adds another industry leader to our marquee
list of licensees, and further validates the importance of our DRM
technology for the future of digital content delivery.”
About ContentGuard
ContentGuard develops and licenses digital rights management (DRM)
technology which enables the creation of new digital content business
models, consumer-friendly services, and enterprise content security
solutions. The company's portfolio features more than 198 patents and
over 270 pending applications worldwide. ContentGuard maintains strong
relationships with companies that facilitate the seamless movement of
digital content across devices, maintaining the rights of content owners
and meeting the needs of consumers. ContentGuard was spun out of Xerox
PARC in 2000 and is privately-held. Current licensees of ContentGuard
technology include LG Electronics, Microsoft Corporation, Sharp, Sony,
Sony Ericsson, Thomson, and Time Warner, Inc.
Information Source: Business Wire
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