TORONTO, ON–(Marketwired – September 01, 2016) – YANGAROO Inc. (TSX VENTURE: YOO) (OTCBB: YOOIF), the industry’s leading secure digital media management and distribution company today announced that Canadian Patent Application No. 2,603,460, titled “MEDIA FILE DISTRIBUTION SYSTEM AND METHOD” (the “Patent”), has been issued by the Canadian Intellectual Property Office. The Patent has a maximum term of twenty (20) years from its filing date, expiring on September 19, 2027.
The Patent relates generally to a file distribution method and system for distributing media files using peer-to-peer file distribution protocols such as BitTorrent, while maintaining security and control over the file distribution.
U.S. patent No. 11/854,289 for “MEDIA FILE DISTRIBUTION SYSTEM AND METHOD”, which was granted in 2011, contains 19 claims, including three independent claims (1, 10 and 19).
“The allowance of this patent adds to YANGAROO’s growing intellectual property portfolio,” said Gary Moss, President and CEO of YANGAROO Inc. “As a tech firm, we will continue to invent, innovate and commercialize technology that adds value for our clients and shareholders.”
This Canadian Patent along with the U.S. patent, “MEDIA FILE DISTRIBUTION SYSTEM AND METHOD” augment YANGAROO’s intellectual property portfolio, which includes three Content Distribution System and Method patents, namely: Issued Canadian Patent No. 2,407,774, Issued U.S. Patent No. 7,529,712 & U.S. Application No. 12/398,238, and two (2) Biometric Rights Management System patents, namely: Issued Canadian Patent No. 2,349,797 & Issued U.S. Patent No. 7,003,670.
About YANGAROO:
YANGAROO is a company dedicated to digital media management. YANGAROO’s patented Digital Media Distribution System (DMDS) is a leading secure B2B digital cloud based solution focused on the music and advertising industries. The DMDS solution provides more accountable, effective, and far less costly digital management of broadcast quality media via the Internet. It replaces the physical, satellite and closed network distribution and management of audio and video content, for music, music videos, and advertising to television, radio, media, retailers, and other authorized recipients. The YANGAROO Awards platform is now the industry standard and powers most of North America’s major awards shows.
YANGAROO has offices in Toronto, New York, and Los Angeles. YANGAROO trades on the TSX Venture Exchange (TSX-V) under the symbol YOO and in the U.S. under OTCBB: YOOIF.
The statements contained in this release that are not purely historical are forward-looking statements and are subject to risks and uncertainties that could cause such statements to differ materially from actual future events or results. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information, please contact:
Gary Moss
416-534-0607 ext.111
www.yangaroo.com
