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Sticky Web, Inc. Signs
Agreement with General Patent Corporation
November 17, 2005
- Sticky Web, Inc. (Symbol: SIKY), a pioneer in bulk
email technology, announced today that it has signed
the definitive agreement with General Patent Corporation
International (GPCI), a leading intellectual property
firm.
The agreement states that GPCI will act as the exclusive
agent for the purpose of licensing a proprietary bulk
e-mail technology protected by the US Patent No. 6,631,400.
"We are now ready
to move into the second phase of our business plan.
This development not only enhances our acquisition strategy,
but sets the stage for our other patents and their licensing
opportunities," said Thomas L. DiStefano III, the
CEO of Sticky Web, Inc. "General Patent is well
known as a leading patent licensing firm. Their recent
success with Acticon Technologies LLC, for which GPCI
signed over 130 licensees, assures us that we are in
very able hands as we move our licensing campaign forward,"
he concluded.
The estimated market spending
on permission-based, or OPT-IN, e-mail marketing, including
list rentals, is growing to over $7 billion by 2005
according to independent studies by Jupitermedia, META
Group/IMT Strategies and Forrester Research. This research
does not include revenues generated from the SPAM industry.
About Sticky Web, Inc.
Sticky Web, Inc. is a
developer and provider of technologies related to electronic
document publishing, e-mail management and distribution,
e-commerce tools, electronic document access and online
collaboration. These proprietary technologies are protected
by a portfolio of US patents and pending patent applications.
About General Patent
Corporation International
General Patent Corporation
International (GPCI) is the oldest contingency IP licensing
and enforcement firm in the US. GPCI, headquartered
in Suffern, NY, represents clients in IP enforcement
matters and licensing transactions on a contingency
basis. For further information on GPCI contact General
Patent Corporation, Montebello Park, 75 Montebello Road,
Suffern, NY 10901; telephone: (845) 368-4000; e-mail:
info@gpci.com or visit www.patentclaim.com.
Forward-Looking Statements
This release may contain
statements that are "forward-looking statements"
within the meaning of the Private Securities Litigation
Reform Act of 1995. These statements are based on current
estimates and projections about Sticky Web's business,
which are derived in part on assumptions of its management,
and are not guarantees of future performance, as such
performance is difficult to predict. Actual outcomes
and results may differ materially from what is expressed
or forecasted in forward-looking statements due to numerous
factors. Such factors include, but are not limited to,
the Company's ability to execute effectively its business
plan and acquisition strategy, changes in the market
for information security solutions, changes in market
activity, the development of new products and services,
the enhancement of existing products and services, competitive
pressures (including price competition), system failures,
economic and political conditions, changes in consumer
behavior and the introduction of competing products
having technological and/or other advantages. These
and other risks are described in the Company's filings
with the Securities and Exchange Commission, which should
be read in conjunction herewith for a further discussion
of important factors that could cause actual results
to differ materially from those in the forward-looking
statements. The Company assumes no obligation to update
information concerning its expectations.
Contact:
Thomas L. DiStefano III
CEO
561-955-9295 - Office
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