Business
Yangaroo's Pending U.S. Patent To Proceed To Allowance
Agreement Reached With Examiner TORONTO, May 29 /CNW/ - YANGAROO Inc., (TSX-V: YOO, OTCBB: YOOIF)...
About this update from Yangaroo Inc.
[{"type":"text","content":"\n\n\n\nAgreement Reached With Examiner\n\n\nTORONTO, May 29 /CNW/ - YANGAROO Inc., (TSX-V: YOO, OTCBB: YOOIF) the\nindustry's leading secure digital media distribution company, announced that\nyesterday it has made significant progress towards the allowance and\nsubsequent grant of its United States Patent Application No.10/431,854 titled\n"Content Distribution System and Method".\n\n\nOn Wednesday, May 28, 2008, YANGAROO's patent counsel met with the United\nStates Patent and Trademark Office (USPTO) Examiner of the application to\nreview the recently issued office action. During the interview the Examiner\nstated that an agreed upon minor amendment to the application claims will\nresult in withdrawal of the objections in the recent office action related to\nthe cited Stefik patent, and the likely issuance of a Notice of Allowance. In\nthe Interview Summary, soon to be available on the USPTO website, the Examiner\nhas checked the box stating that "Agreement with respect to the claims was\nreached", which in USPTO terms means the Examiner has confirmed that such\nagreement was reached and that the application will likely receive allowance.\n\n\n"We are very pleased at this important step forward and are even more\noptimistic that this US patent will be granted," said John Heaven, President\nand CEO of YANGAROO. "We expect that this patent will add substantial value to\nYANGAROO'S intellectual property asset portfolio and be another significant\ncompetitive advantage."\n\n\nAbout YANGAROO:\n\n\nYANGAROO's patented Digital Media Distribution System (DMDS) is a leading\nsecure B2B digital delivery solution for the music and advertising industries.\nDMDS is a web-based delivery system that pioneers secure digital file\ndistribution by incorporating biometrics, high-value encryption and\nwatermarking. DMDS replaces the physical distribution of musical recordings\nand advertising to radio, media, retailers and other authorized recipients\nwith more accountable, effective and far less costly digital delivery of\nbroadcast quality media via the Internet.\n\n\nYANGAROO's DMDS has made over five million deliveries of over 11,000\nsongs from more than 500 record labels to destinations which include radio\nstations representing over 35 U.S. broadcast chains. The number of deliveries\nmade by U.S. rec...