TORONTO, May 5 /CNW/ - YANGAROO Inc., (TSX-V: YOO, OTCBB: YOOIF) the
industry's leading secure digital media distribution company, is pleased to
announce that it has been granted United States patent No. 7,529,712 titled
"Content Distribution System and Method" by the U.S. Patent and Trademark
Office (USPTO). This patent will be in effect until 2026.
The U.S. patent 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, such as a time and date. Once the identities of the
selected individuals have been verified at login, they are provided with
access to the uploaded content if those 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 that has U.S. and Canadian patent protection for all of these
"This grant of our second U.S. patent underscores YANGAROO's status as
the founding inventor in its sector and adds substantial value to the
company," said John Heaven, President and CEO of YANGAROO. "Our focus on
leading through innovation continues to bring the best and most advanced
solutions available to our customers. As a result of our program of actively
protecting our technology, both the U.S. and Canadian patent offices have
recognized our inventions as patents. We will continue to be vigilant in
protecting these valuable intellectual property rights."
This U.S. patent complements YANGAROO's Canadian patent number 2,407,774
of the same title that was granted in 2005, together 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 number 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
number 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 21,000 songs
from more than 600 record labels to destinations which include radio stations
representing over 35 U.S. broadcast chains. U.S. record labels made over 2
million deliveries of songs via DMDS in 2008. DMDS is the only system that can
digitally deliver music across the U.S., Canada and the U.K.
YANGAROO has offices in Toronto, New York, Los Angeles, and London, U.K.
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:
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