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[FYI] InternetMediaHouse.com AG acquires a share in revolutionary internet software
- To: debate@fitug.de
- Subject: [FYI] InternetMediaHouse.com AG acquires a share in revolutionary internet software
- From: "Axel H Horns" <horns@t-online.de>
- Date: Fri, 18 Feb 2000 09:58:50 +0100
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- Organization: PA Axel H Horns
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http://www3.newsaktuell.de/4d.acgi$getstory?144938
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InternetMediaHouse.com AG <DE0006138605> InternetMediaHouse.com AG
acquires a share in revolutionary internet software
The sender is solely responsible for the contents of this
announcement.
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Grünwald/Hamburg (ots Ad hoc-Service) -
Brand New STAFT offers, for the first time, protection against
copyright and rights of exploitation for all internet contents -
German License Rights for the Leading US Filtering Software
CyberPatrol
InternetMediaHouse.com AG (Grünwald/Munich), listed on the Neuer
Markt in Frankfurt, has acquired a 30% share in PAN AMP GmbH. The
Hamburg- based software company develops and sells innovative
filtering and protection systems for internet use and e-commerce.
With the imminent market introduction of the software STAFT (Secure
Trademark Added File Technology), PAN AMP has access to a completely
new type of globally unique technology for the protection of
copyrights for digital products and contents in the e-commerce
sector. STAFT represents a breakthrough in the development of the
internet for a more secure data and e-commerce platform. This is the
first product to offer absolute secure copy protection of all
internet contents.
To date any number of copies of a complete product could be made of
any product purchased digitally - without having to pay any
additional fees. The music industry in Germany alone suffers annually
damages of hundreds of millions of German marks. Worldwide the losses
by the music, video and games industries run into the billions.
Using STAFT, buyers will be allocated fixed defined and non-
transferable user rights when acquiring a product. Behind this is a
completely new procedure of high-performance formatting which was
developed by PAN AMP chief executive, Bert Weingarten, over five
years. This software allows a unique license release for all types of
digital data.
STAFT protects all digital data, applications and software solutions
such as text, web, audio, video, graphic and program files or MP3,
HTML, doc, wav, and exe files. When a customer buys a STAFT-protected
product, a STAFT certificate is created using a special generator
which defines and examines all customer rights for the product
purchased. When duplicating, only the appropriate area of use is
transmitted. The high degree of flexibility for the release of rights
allows internet shop operators and providers of digital contents to
meet customer needs and product requirements on an individual basis.
Bert Weingarten explains, "STAFT means the technological basis for
the economic success of digital sales. This pioneering technology
paves the way for profitable e-commerce without any loss in
turnover."
In addition to STAFT, PAN AMP GmbH owns the license rights for German-
speaking countries for the leading US internet filtering software,
CyberPatrol. CyberPatrol provides effective control of internet
access in a business. Depending on the work profile, on-line times
can be individually limited within a company, the access to certain
internet sites selectively defined and/or undesirable offer areas can
be blocked. By this means, economic damage as a result of connection
costs, on-line time, transmitted data material plus loss of work-time
can be limited on a lasting basis. CyberPatrol dominates the US
market with an 85% share of the market for filtering software.
Dr. Ralph Eric Kunz, e-commerce a director at InternetMediaHouse.com
AG comments, "For IMH investment in PAN AMP means a significant
expansion of our share portfolio. STAFT and Cyber Patrol are leading
key technologies world-wide. STAFT in particular represents an
unprecedented marketing potential, with which we will quickly enter
the key markets in Europe and the USA.". The IPO is planned by 2001
at the latest.
Along with InternetMediaHouse.com AG, founder Weingarten and his
family, the New York-based Thieme Consulting, Inc and renowned
Business Angels are also shareholders in PAN AMP. IMH must pay 0.9m
euros as part of the purchase price from a rise in capital which must
still be raised from approved capital, which at the end of
yesterday's trading would correspond to a nominal capital increase of
approx. 12,000 euros.
Internet addresses: www.panamp.de www.internetmediahouse.com
Press contact: Dr. Ralph Eric Kunz Schlossstrasse 23 82031
Grünwald/München Germany
Tel: ++49 (0) 89/64949-300 Fax: ++49 (0) 89/64949-150
End of Message
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