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Santa
Clara, Calif., April 25, 2000 -- InterTrust Technologies
Corporation (Nasdaq: ITRU), the MetaTrust UtilityTM and PortalPlayer,
Inc., a supplier of end-to-end digital media platform solutions,
today announced that PortalPlayer has licensed InterTrust's
Rights/PD software, a digital rights management (DRM) platform
for embedded systems. PortalPlayer intends to integrate the
InterTrust DRM capabilities into PC applications, firmware,
and integrated circuit designs for a wide range of digital
media products, starting with portable audio devices.
PortalPlayer
markets its complete digital media platforms to consumer electronics
companies. With this agreement, PortalPlayer will offer InterTrust's
Rights/PD to its customers as its preferred DRM technology,
providing consumer electronics manufacturers with the ability
to quickly develop and bring to market secure audio players
and other devices that enhance the consumer's digital music
experience.
"InterTrust's
Rights/PD software provides the sophisticated DRM capabilities
we want to deliver to our customers in a scalable and easy
to use product," said Michael Maia, Vice President, Marketing,
PortalPlayer. "InterTrust's approach to managing the content
rights throughout the delivery process is an excellent solution
to provide secure interoperability from the PC to portable
devices to home stereo equipment."
"Digital
audio players are rapidly becoming an integral part of any
music distribution strategy. We believe the most successful
products will be those that can manage the secure transfer
of files and rights to and from the devices, allowing a rich
collection of top named offerings to the consumers, said Talal
Shamoon, Senior Vice President, Media, InterTrust Technologies
Corporation. "We look forward to MetaTrust-CertifiedTM consumer
electronics products digital audio players coming to market
that use PortalPlayer's platform solutions integrated with
InterTrust's Rights/PD software.
"Mitsubishi supports initiatives that are designed to ensure
consumers have maximum choice for the delivery and enjoyment
of secure digital content," said Jun Fujiwara, Manager, eCommerce
Division, Mitsubishi Corporation. "We are pleased to see the
integration of InterTrust DRM into PortalPlayer's firmware
for portable audio players and other devices. We believe this
partnership has the potential to grow the digital music market."
"Secure
content delivery is key to the continued success and growth
of the digital audio market", said Ed Brachocki, Senior Vice
President, Corporate Development, Sensory Science Corp. "PortalPlayer
is showing its commitment to meet the needs of consumer electronics
companies by making InterTrust's DRM a part of its platform
strategy".
InterTrust Rights/PD Software
The
InterTrust® Rights/System software is the first digital
rights management (DRM) platform for embedded systems, including
portable devices, set-top boxes, and Win-CE systems. It implements
a scalable range of digital rights management functions, including
the persistent protection of digital information of all types,
and support for simple to complex business models. The first
version of InterTrust Rights/System is the Rights/PDTM software
for portable devices.
Rights/PD
technology includes a library of software components that
can be installed as firmware for chip products or as additions
to the ROM software of specialized devices. Rights/PD is available
as a developer's toolkit, and includes components to allow
interoperability with the InterTrust InterRightsTM Point software
and the PowerChordTM content packaging software.
InterTrust
Digital Rights Management
Digital
rights management (DRM) technologies protect and manage rights
and interests in digital information. InterTrust's DRM platform
provides a common foundation for distributed e-commerce digital
information and event management.
InterTrust
DRM is enhanced by its use in the MetaTrust Utility, a non-discriminatory,
policy neutral, global environment for digital commerce. The
MetaTrust Utility enables a digital commerce platform that
support multiple formats and content types and leverages trusted
components through its OpenRights Initiative that should speed
applications and services to market.
In
the content industry, InterTrust DRM and the MetaTrust Utility
allow authors, publishers, enterprises, governments, users
and others to specify, as appropriate, rules regarding the
use of digital information, and the consequences resulting
from such use. InterTrust® technology is designed to protect
digital information, apply rules persistently after information
is distributed, and automate many e-commerce processes related
to content use. InterTrust's DRM platform is general purpose
and manages most media and content types, including music,
publications, business information, video, games, software,
and images.
PortalPlayer,
Inc.
PortalPlayer,
Inc. supplies consumer electronics manufacturers with complete
platform solutions for secure delivery and management of digital
media via the Internet. The company is currently developing
and marketing advanced systems for digital audio recording
and playback, using MP3 and other popular digital compression
technologies, tightly integrated with e-commerce and digital
rights management technologies.
Founded
in June 1999, PortalPlayer is headquartered in Santa Clara,
California, with major operations in Seattle, Washington and
Hyderabad, India. The company has received two rounds ofventure
funding funding from Chase Capital, Techfund Capital, and
FlatIron Partners, MP3.com and individual investors.More information
on PortalPlayer, Inc., and its products is available on the
company's web site,www.portalplayer.com.
InterTrust
Technologies Corporation
InterTrust
Technologies Corporation is the leading developer of distributed
digital rights management (DRM) technology. InterTrust has
developed a general purpose DRM platform that serves as a
foundation for providers of digital information, technology,
and commerce services. InterTrust licenses its DRM platform
as software and tools to partners. Collectively, these partners
intend to offer digital commerce services and applications
that form a global commerce system branded as the "MetaTrust
Utility." InterTrust serves as the neutral administrator of
the MetaTrust environment.
# # #
The
statements contained in this release that are not purely historical
are forward-looking statements within the meaning of Section
21E of the Securities and Exchange Act of 1934, including
statements regarding InterTrust's expectations, beliefs, hopes,
intentions or strategies regarding the future. All forward-looking
statements included in this document are based upon information
available to InterTrust as of the date here of, and InterTrust
assumes no obligation to update any such forward-looking statement.
Actual results could differ materially from current expectations.
Factors that could cause or contribute to such differences
include, but are not limited to, the factors and risks discussed
in InterTrust's reports filed from time to time with the Securities
and Exchange Commission.
Copyright
© 2000 InterTrust Technologies Corporation. All rights reserved.
InterTrust and DigiBox are registered trademarks of InterTrust
Technologies Corporation, and InterRights Point, the InterTrust
logo, MetaTrust, MetaTrust-Certified, and MetaTrust Utility,
PowerChord, Rights/PD and Rights/System are trademarks of
InterTrust Technologies Corporation, all of which may or may
not be used in certain jurisdictions. All other brand or product
names are trademarks or registered trademarks of their respective
companies or organizations.
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