OVERVIEW AND CORPORATE BACKGROUND
We develop and market digital software tools for providing media content on the internet.
There are two main ways that content is accessed by users:
1. Technologies such as television or radio allow users to experience the content as it is broadcast. The analogous technique on the internet is to “stream” the media to the users.
2. Consumers can own content which they can experience at any time. For example, they may buy a music CD or a DVD. The analogous process on the internet is to securely download the content from a remote site to a local hard drive.
The company has developed branded solutions to facilitate both “streaming media” and “secure media distribution”.
1. Streaming Media
A) Clipstream™
The Clipstream™ suite of streaming media products are built around Sun Java, so they play instantly when a web page loads or an email opens. Clipstream™ reliably reaches more viewers on more operating systems than other solutions and it has a high level of security. Because it is compatible with standards based web servers and caching infrastructure, it is uniquely easy to deploy, it uses up to 90% less bandwidth than competing solutions and it plays more reliably.
Clipstream™ is available in on demand and live versions.
We are working on a major upgrade of Clipstream™ which should launch by the end of 2006.
B) Radio Destiny
Radio Destiny allows consumers to start their own internet based radio station from their PC. Content is automatically aggregated on our site: http://www.stationdirectory.com
We are developing a social network based around real time audio and video broadcasting which we expect to launch in spring 2007.
Secure Media Distribution
A) Promo Only MPE™ System
In October 2004, we launched a complete solution for assisting record labels in securely moving content to trusted third parties, including radio stations. As of November 2006, we have delivered 30,000 songs, generating 27 million transactions. This service has been available on a low cost / free pilot basis, but we are in process of implementing a transaction based pricing model. This system is expected to become one of our dominant sources of revenue in fiscal 2007.
The system recognizes authorized computers and content is received in an encrypted secure form. If the content owner allows export, the system embeds a tracking signature or watermark into the music that identifies that user. The watermark survives duplication to analog devices and compression.
The system consists of servers at two hosting facilities, encoding tools, list management tools, a Mac and PC player application and custom database applications.
B) Promo Only Digital Download Service
We have developed our own iTunes style online store application and accompanying server and encoder software. Users can securely purchase digital music directly from a player application which they download to their computer. We expect to license this software to third parties that want to offer digital audio content for sale.
Our marketing partner, Promo Only licensed catalogue music from the five major record labels that we are selling to commercial users and digital jukeboxes using our download service.
These technologies rely on proprietary algorithms, compression and watermarking technologies that were developed internally.
We develop and market digital software tools for providing media content on the internet.
There are two main ways that content is accessed by users:
1. Technologies such as television or radio allow users to experience the content as it is broadcast. The analogous technique on the internet is to “stream” the media to the users.
2. Consumers can own content which they can experience at any time. For example, they may buy a music CD or a DVD. The analogous process on the internet is to securely download the content from a remote site to a local hard drive.
The company has developed branded solutions to facilitate both “streaming media” and “secure media distribution”.
1. Streaming Media
A) Clipstream™
The Clipstream™ suite of streaming media products are built around Sun Java, so they play instantly when a web page loads or an email opens. Clipstream™ reliably reaches more viewers on more operating systems than other solutions and it has a high level of security. Because it is compatible with standards based web servers and caching infrastructure, it is uniquely easy to deploy, it uses up to 90% less bandwidth than competing solutions and it plays more reliably.
Clipstream™ is available in on demand and live versions.
We are working on a major upgrade of Clipstream™ which should launch by the end of 2006.
B) Radio Destiny
Radio Destiny allows consumers to start their own internet based radio station from their PC. Content is automatically aggregated on our site: http://www.stationdirectory.com
We are developing a social network based around real time audio and video broadcasting which we expect to launch in spring 2007.
Secure Media Distribution
A) Promo Only MPE™ System
In October 2004, we launched a complete solution for assisting record labels in securely moving content to trusted third parties, including radio stations. As of November 2006, we have delivered 30,000 songs, generating 27 million transactions. This service has been available on a low cost / free pilot basis, but we are in process of implementing a transaction based pricing model. This system is expected to become one of our dominant sources of revenue in fiscal 2007.
The system recognizes authorized computers and content is received in an encrypted secure form. If the content owner allows export, the system embeds a tracking signature or watermark into the music that identifies that user. The watermark survives duplication to analog devices and compression.
The system consists of servers at two hosting facilities, encoding tools, list management tools, a Mac and PC player application and custom database applications.
B) Promo Only Digital Download Service
We have developed our own iTunes style online store application and accompanying server and encoder software. Users can securely purchase digital music directly from a player application which they download to their computer. We expect to license this software to third parties that want to offer digital audio content for sale.
Our marketing partner, Promo Only licensed catalogue music from the five major record labels that we are selling to commercial users and digital jukeboxes using our download service.
These technologies rely on proprietary algorithms, compression and watermarking technologies that were developed internally.
