MALIBU, Calif., Sept. 11 /PRNewswire-FirstCall/ -- Today, Nexicon , an emerging provider of next generation digital rights management and digital media intelligence solutions, is pleased to announce an agreement with YouTube. Under the terms of the agreement, Nexicon will serve as a third party intermediary between copyright owners and YouTube to provide content identification and monitoring services to copyright owners using YouTube's Content Management System.
"We look forward to providing this game-changing service to content owner clients," said Richard Urrea, Nexicon CEO.
Under the terms of the agreement, Nexicon will monitor media owners' copyrighted material by using YouTube's video identification technology to claim and monetize the content or remove it from the site.
"This is a significant development for our company as we continue to provide innovative solutions for copyright holders in the digital marketplace," said Sam Glines, Nexicon's VP of Strategy. "Content owners now have the ability to monetize their copyrighted digital media and products, and we are here to deliver these capabilities."
To date, Nexicon's MARC(TM) technology platform has enabled content owners to benefit from the billions of daily file transfers on the Internet, and as such make strategic decisions, modify marketing activities, and even bolster revenue. This agreement augments the Nexicon MARC service offering to content owners.
"YouTube's technology will complement Nexicon's technology and benefit content owners," said Tommy Stiansen, Nexicon CTO. "This is a strategic move towards the next generation convergent digital distribution model."
About Nexicon
Nexicon Inc. delivers next-generation digital rights management, intellectual property security, business intelligence, and network security products and solutions. For information about Nexicon, visit http://www.nexiconinc.com. For information about GetAmnesty, visit http://www.getamnesty.com.
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
Nexicon Inc.
CONTACT: Sam Glines of Nexicon Inc., +1-310-817-6600, press@nexiconinc.com
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