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BOCA RATON, FL., September 26, 2005 (BUSINESS WIRE)
- Sticky Web, Inc. (PINK SHEETS: SIKY), a pioneer in
OPT-IN e-mail technology, announced today that it has
signed a Letter of Intent with General Patent Corporation
International (GPCI), a leading intellectual property
firm, and its affiliate idea incubator, IP Holdings
LLC.
The Letter of Intent contemplates establishing a joint
venture between Sticky Web, Inc. and IP Holdings LLC
for the purposes of licensing a proprietary bulk e-mail
technology protected by the US Patent No. 6,631,400.
“We are very excited about this development,”
said Thomas L. DiStefano III, the CEO of Sticky Web,
Inc. “General Patent is well known for its successes
in patent commercialization and we are looking forward
to working with them in realizing the value of our intellectual
property,” 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. For more information visit www.stickywebinc.com.
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.
About IP Holdings LLC
IP Holdings LLC is an IP-centric idea incubator with
a focus on patent commercialization. For further information
on IP Holdings contact IP Holdings LLC, Montebello Park,
75 Montebello Road, Suffern, NY 10901; telephone: (845)
368-2500; e-mail: info@ip-holdings.com or visit www.ip-holdings.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.
For More Information Contact:
Thomas L. DiStefano III
CEO
Sticky Web, Inc.
561-955-9295
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