ContentGuard Licenses Digital Rights Management Patents to Nokia Corporation
ContentGuard Holdings, Inc., a leading developer of digital rights management (DRM) technology, today announced a worldwide patent licensing agreement with Nokia Corporation (NYSE: NOK), a global leader in mobile products and services. ContentGuard technology enables the consumer–friendly implementation of digital content distribution models such as content rental, content subscription, variable pricing, and secure peer–to–peer distribution. Terms of the licensing agreement were not disclosed.
"We are extremely pleased that Nokia will be able to use our technology in its business to advance the delivery and consumption of digital content," said Rob Logan, CEO of ContentGuard. "We are confident this will broaden and enable consumer–friendly DRM solutions in the marketplace. This agreement adds another industry leader to our marquee list of licensees, and further validates the importance of our DRM technology for the future of digital content delivery."
ABOUT CONTENTGUARD
ContentGuard develops and licenses digital rights management (DRM) technology which enables the creation of new digital content business models, consumer–friendly services, and enterprise content security solutions. The company´s portfolio features more than 198 patents and over 270 pending applications worldwide. ContentGuard maintains strong relationships with companies that facilitate the seamless movement of digital content across devices, maintaining the rights of content owners and meeting the needs of consumers. ContentGuard was spun out of Xerox PARC in 2000 and is privately–held. Current licensees of ContentGuard technology include LG Electronics, Microsoft Corporation, Sharp, Sony, Sony Ericsson, Thomson, and Time Warner, Inc. For more information about ContentGuard and its technology and licensing programs, please visit http://www.contentguard.com.