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Sticky
Web Signs LOI to Acquire International OPT-IN E-Mail
and Data Management Company
June 07, 2006 - Closing
Date Set Sticky Web, Inc., an intellectual property
company with key Internet, software and business method
patents in e-mail, Web creation and e-commerce, announces
today that it has signed a letter of intent to acquire
an International OPT-IN e-mail and data management company
based in INDIA.
The acquisition calls
for SIKY to issue shares of its common stock for the
assets of the International company. The closing is
set for June 30, 2006 and may be extended to July 31,
2006.
SIKY is concentrating
its business strategy on partnering and licensing its
first two issued patents. US Patent 6,631,400 covers
certain bulk e-mail systems and US Patent 6,771,291
covers certain Web creation and collaboration systems.
The estimated market size of the market covered by these
two patents is over $10B.
About Sticky Web, Inc.
Sticky Web, Inc., corporate purpose is to manage,
market, and license a portfolio of six patents and patents
pending and five registered marks that provide elements
of electronic document publishing, e-mail management
and distribution, e-commerce and marketing tools, access
management to electronic documents and electronic document
collaboration. These proprietary technologies are protected
by a portfolio of US patents and pending patent applications.
For more information visit www.stickywebinc.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, Inc.'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, the success of its patent licensing
strategy, acquisition strategy, changes in the market
for OPT-IN e-mail marketing solutions, changes in patent
enforcement brought on by legislation, 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 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
Sticky Web, Inc.
561-955-9295
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