Business
YANGAROO's U.S. patent progress continues
TORONTO, May 16 /CNW/ - YANGAROO Inc., (TSX-V: YOO, OTCBB: YOOIF) the industry's leading secure d...
About this update from Yangaroo Inc.
[{"type":"text","content":"\n\n\n\nTORONTO, May 16 /CNW/ - YANGAROO Inc., (TSX-V: YOO, OTCBB: YOOIF) the\nindustry's leading secure digital media distribution company, continues to\nmake progress with its United Stated Patent Application No. 10/431,854 titled\n"Content Distribution System and Method".\n\n\nThe Examiner at the US Patent and Trademark Office has replied promptly\nto YANGAROO's April 2008 filing and issued a non-final office action. This\naction is another step in the application review process towards the allowance\nof a patent application. The non-final office action will be reviewed by\nYANGAROO's patent counsel and they will respond in due course, as they\nsuccessfully have in all such previous office actions.\n\n\n"We have been successful in having both the corresponding Canadian Patent\nNo. 2,407,774 titled "Content Distribution System and Method" and our US\npatent No. 7,003,670 titled Biometric Rights Management System granted. In\ncontrast, our competitor, Destiny Media Technologies, has not received any\npatent grants," said John Heaven, President and CEO of YANGAROO. "We are\nconfident this US patent will be granted.".\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. record labels via YANGAROO's Digital Media Distribution System\n(DMDS) increased by 266% in 2007, to 1.3 million.\n\n\nDMDS is the only system that can digitally deliver music across the U.S.,\nCanada and the UK. YANGAROO has offices in Toronto, New York, Los Angeles, and\nLondon, UK. YANGAROO trades on the TSX Venture Exchange (TSX-V) under the\nsymbol YOO an...