Patent Application for "Content Distribution System and Method" Allowed
TORONTO, Jan. 6 /CNW/ - YANGAROO Inc., (TSX-V: YOO, OTCBB: YOOIF) the
industry's leading secure digital media distribution company, is pleased to
announce that it has received allowance of its United States Patent
Application No. 10/431,854 titled "Content Distribution System and Method"
from the United States Patent and Trademark Office (USPTO). The formal Letters
Patent grant is expected to follow shortly.
The patent in the U.S. for "Content Distribution System and Method"
covers a method of distributing digital content, such as music and
advertising, to selected individuals over the Internet, in which the uploading
content provider selects the individuals that are entitled to access the
content and sets release conditions, like a time and date, and where the
identities of the selected individuals are verified at login and are provided
with access to the uploaded content if the release conditions are met.
YANGAROO'S Digital Media Distribution System (DMDS) is the only such system
available to the North American record, radio and advertising industries today
that has U.S. and Canadian patent protection for all of these crucial
"The allowance of this broad, industry-defining patent confirms YANGAROO
as the foremost innovator in its field," said John Heaven, President and CEO
of YANGAROO. "This patent will provide us with a further significant
competitive advantage and will add substantial value to our company. The music
and advertising industries understand and respect the value of intellectual
property and we will continue to lead our sector through innovation and
invention. We will maintain our focus on expanding our patent portfolio and
plan to vigorously protect our intellectual property rights."
This U.S. patent will complement YANGAROO's Canadian patent number
2,407,774 of the same title that was granted in 2005, providing a North
America-wide safeguard for the company's intellectual property. These "Content
Distribution System and Method" patents augment YANGAROO'S intellectual
property portfolio which includes U.S. patent No. 7,003,670 titled "Biometric
Rights Management System", which is also pending in Canada as patent
application number 2,349,797, and pending U.S. patent application No.
11/854,289 titled "Media File Distribution System and Method".
YANGAROO's patented Digital Media Distribution System (DMDS) is a leading
secure B2B digital delivery solution for the music and advertising industries.
DMDS is a web-based delivery system that pioneers secure digital file
distribution by incorporating biometrics, high-value encryption and
watermarking. DMDS replaces the physical distribution of musical recordings
and advertising to radio, media, retailers and other authorized recipients
with more accountable, effective, and far less costly digital delivery of
broadcast quality media via the Internet.
YANGAROO's DMDS has made over six million deliveries of over 12,000 songs
from more than 600 record labels to destinations which include radio stations
representing over 35 US broadcast chains. U.S. record labels made 1.3 million
deliveries of songs via DMDS in the first nine months of 2008. DMDS is the
only system that can digitally deliver music across the U.S., Canada and the
YANGAROO has offices in Toronto, New York, Los Angeles, and London, UK.
YANGAROO trades on the TSX Venture Exchange (TSX-V) under the symbol YOO and
in the U.S. under OTCBB:YOOIF. For further information, please contact John
Heaven at 905-763-3553 or visit www.yangaroo.com.
The statements contained in this release that are not purely historical
are forward-looking statements and are subject to risks and uncertainties that
could cause such statements to differ materially from actual future events or
results. Such forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. The TSX
Venture Exchange does not accept responsibility for the adequacy or accuracy
of this release.
For further information:
For further information: Matthew Caldecutt, Gina Preoteasa, Trylon SMR,
(212) 725-2295, firstname.lastname@example.org, email@example.com