FITUG e.V.
Förderverein Informationstechnik und Gesellschaft
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http://www3.newsaktuell.de/4d.acgi$getstory?144938
InternetMediaHouse.com AG <DE0006138605> InternetMediaHouse.com AG acquires a share in revolutionary internet software
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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
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