CONTENTGUARD AND DIGITAL GOODS IMPLEMENT TRANSITION PLAN TO AID CONTENT PROVIDERS
ContentGuard creates eContent distribution solutions to rapidly get
Digital Goods` content providers back up and running
Bethesda, MD and Maynard, MA - May 30, 2001 - ContentGuard, Inc. and
Digital Goods (NASDAQ: DIGS) have signed an exclusive agreement under which
Digital Goods will refer its eBook content providers to ContentGuard for
continued service.
Ranjit Singh, ContentGuard President and COO said, "Our consultants
and engineers are working around the clock in order to ensure that Digital
Goods` content providers could resume selling their eBooks to consumers with
minimal disruption."
Based on its RightsEdgeÔ DRM technology platform, a
ContentGuard-hosted storefront solution has been designed and implemented to
support the preparation, online sales and secure distribution of eBooks for
content providers. This new "eContentSeller.comÔ" storefront is integrated
with ContentGuard`s established and proven rights and financial clearing
services.
"ContentGuard is committed to accelerating the availability of eBook
content and enabling the distribution points necessary to stimulate the
emerging digital content market," said Michael Miron, ContentGuard CEO. "In
understanding the urgent needs of Digital Goods` content providers, our tow
companies, through an extraordinary team effort, are helping to protect
their upfront investment in technology and business processes while
providing them with the opportunity to expand their eBook-selling
initiatives.
"Numerous industry players are interested in building on the value
Digital Goods has created over the years, but in recent weeks, minimizing
disruption to our content providers, their publications and their customers,
has been one of our most time-critical goals," remarked Jonathan Schull,
Digital Goods President and CEO. "ContentGuard clearly shared our
commitment to a speedy transition and quality service. Our stakeholders and
customers should be well served by this alliance."
ContentGuard has already signed a substantial number of former
Digital Goods content providers to utilize ContentGuard`s new
eContentSeller.com storefront solution and existing RightsEdge DRM
solutions. ContentGuard expects to have customers up-and-running in a
matter of days. Negotiations with additional Digital Goods customers are
underway.
ContentGuard will demonstrate its new eContentSeller.com storefront
solution and hold workshops exclusively for Digital Goods` content providers
at the BookExpo America conference in Chicago, Illinois, which is taking
place from May 30 through June 3, 2001. Visit ContentGuard at BookExpo -
Booth #5257. Publishers can obtain additional information and assistance by
calling ContentGuard at 800-870-0705.
About ContentGuard, Inc.
ContentGuard, Inc., launched in April 2000, is the catalyst for the
revolution in eContentÔ. The company offers digital rights management (DRM)
solutions designed to encourage Internet distribution of digital content
such as eBooks, music, and business reports. ContentGuard`s cross-platform
technology, based on research originally developed at Xerox`s Palo Alto
Research Center (PARC), and suite of services allow content owners and
distributors to manage their intellectual property, track usage, prevent
unauthorized access and enable a range of business models for user
consumption. With operations in Bethesda, MD and El Segundo, CA, the
company`s key relationships include Microsoft Corporation (NASDAQ:MSFT),
Xerox Corporation (NYSE:XRX) and Accenture. For more information, please
visit www.contentguard.com.
Media Contacts:
Gina Giachetti
Text 100 for ContentGuard, Inc.
415-593-8432
ginag@text100.com
Heather Roark
Text 100 for ContentGuard, Inc.
415-593-8476,
heather@text100.com
Peter Demers
Digital Goods
978-461-4109
pdemers@digitalgoods.com
ContentGuard, eContentSeller, RightsEdge, and `the catalyst for the
revolution in eContent` are trademarks of ContentGuard Holdings, Inc.
Digital Goods is a trademark of SoftLock.com, Inc. All other company and
product trademarks are the property of their respective owners.
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