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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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