Nexicon Reaches Deal with Major Motion Picture Studio for GetAmnesty
May 06 2008 - 8:00AM
PR Newswire (US)
Six motion picture studios now turning piracy into profits through
Nexicon's GetAmnesty program ALBUQUERQUE, N.M., May 6
/PRNewswire-FirstCall/ -- Today, Nexicon (Pink Sheets: NXCO) is
pleased to announce the signing of another major independent motion
picture studio to its GetAmnesty client portfolio. This new signing
comes on the heels of last week's announcement of the company's
first client since GetAmnesty's production launch. "Both our new
and existing clients tell us that no one can compete with our
anti-piracy technology," said Richard Urrea, Nexicon CEO. "Our
anti-piracy solutions are working, and it is rewarding to hear our
customers report on their successes," Urrea said. Through the
addition of this sixth GetAmnesty customer, Nexicon has
successfully diversified its revenue stream in this industry
segment since settlement fees are not generated by just two or
three clients. "As we stated in our recent corporate update, our
current sales pipeline for GetAmnesty and our other anti-piracy
solutions is incredibly strong, and we anticipate further sales
activity in the very near future," Urrea said. In this new deal,
more than 350 titles will be monitored by Nexicon's anti-piracy
technology platform. Nexicon will retain 50% of all settlement fees
generated via GetAmnesty. About Nexicon Nexicon Inc. delivers
next-generation anti-piracy, intellectual property security,
business intelligence, and network security products and solutions.
For information about Nexicon, visit http://www.nexiconinc.com/.
For information about GetAmnesty, visit http://www.getamnesty.com/.
This release contains statements that constitute forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E the Securities Exchange Act of
1934, as amended. These statements appear in a number of places in
this release and include all statements that are not statements of
historical fact regarding the intent, belief or current
expectations of the Company, its directors or its officers with
respect to, among other things: (i) the Company's financing plans;
(ii) trends affecting the Company's financial condition or results
of operations; (iii) the Company's growth strategy and operating
strategy; and (iv) the declaration and payment of dividends. The
words "may," "would," "will," "expect," "estimate," "anticipate,"
"believe," "intend," and similar expressions and variations thereof
are intended to identify forward-looking statements. Investors are
cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties, many of which are beyond the Company's ability to
control, and that actual results may differ materially from those
projected in the forward-looking statements as a result of various
factors. DATASOURCE: Nexicon Inc. CONTACT: Richard Urrea of
Nexicon, +1-310-877-6600, Web site: http://www.nexiconinc.com/
Copyright