Acacia Technologies Announces 21 New DMT-R- Licensing Agreements for Corporate Websites and E-Learning
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NEWPORT BEACH, Calif.--(BUSINESS WIRE)--July 6, 2004--Acacia Research Corporation (Nasdaq:ACTG)(Nasdaq:CBMX) announced today that its Acacia Technologies group has entered into 21 additional licensing agreements for its Digital Media Transmission technology ("DMT"(R)). The new licenses are for corporate websites and e-learning companies.
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Acacia has now entered into 145 license agreements for its DMT(R) technology for cable television services, corporate websites, e-learning, hotel in-room entertainment, and online entertainment, movies, music, news, and sports.
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If you have ever purchased computer software to use on your home or office computer, you are a party to a particular type of License Agreement referred to as an “End User License Agreement” (EULA). You do not own computer software purchased under the terms of such agreement. You are a licensee, and are paying for the right to use it as directed in the agreement. Some EULAs allow use only on a single computer; others allow company wide or unlimited usage.
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ABOUT ACACIA RESEARCH CORPORATION
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Acacia Research Corporation comprises two operating groups, Acacia Technologies Group and CombiMatrix Group.
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The Acacia Technologies Group develops, acquires, and licenses patented technologies. Acacia's DMT(R) technology, which is supported by 5 U.S. and 31 foreign patents, relates to audio and audio/video transmission and receiving systems commonly known as audio-on-demand, video-on-demand, and audio/video streaming, and is used for distributing digital content via several means including Internet, cable, satellite and wireless systems.
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The CombiMatrix Group is developing a platform technology to rapidly produce customizable active biochips, which are semiconductor-based tools for use in identifying and determining the roles of genes, gene mutations and proteins. CombiMatrix's technology has a wide range of applications including DNA synthesis/diagnostics, drug discovery, and immunochemical detection. CombiMatrix's Express Track(sm) drug discovery program is a systems biology approach, using its technology, to target common viral diseases with siRNA compounds.
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Acacia Research-Acacia Technologies (Nasdaq:ACTG) and Acacia Research-CombiMatrix (Nasdaq:CBMX) are both classes of common stock issued by Acacia Research Corporation and are intended to reflect the performance of the respective operating groups and are not issued by the operating groups.
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Information about the Acacia Technologies Group and the CombiMatrix Group is available at www.acaciaresearch.com.
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
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This news release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including the recent economic slowdown affecting technology companies, our ability to successfully develop products, rapid technological change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. Our Annual Report on Form 10-K, recent and forthcoming Quarterly Reports on Form 10-Q, recent Current Reports on Forms 8-K and 8-K/A, and other SEC filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.
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Contacts
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Acacia Research Corporation
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Rob Stewart (Investors), 949-480-8300
Fax: 949-480-8301
