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LAS VEGAS, Sept. 15 /PRNewswire-FirstCall/ -- TouchTunes Music Corporation (OTC Bulletin Board: TTMC), the world's leading provider of music-on-demand digital jukeboxes, today announced that the US Patent and Trademark Office (USPTO) issued patent # 6,775,744 in its favor. This new technology patent covers a "Communication device and method between an audiovisual information playback system and an electronic game machine". This new patent covers the link between a Digital Jukebox and an electronic game machine. As leader in the field of downloading music to its dedicated music-on- demand products, TouchTunes has racked up a portfolio in excess of 16 patents granted in the US and Europe. With its dedication to always innovate and be at the forefront in its field, TouchTunes continues to protect its investments by filing for patent protection over all of its proprietary intellectual property. TouchTunes has been developing technology since 1993 that has allowed it to be a pioneer in digitally downloading music for music-on-demand systems and applications. Since inception, TouchTunes has continuously filed for intellectual property protection in areas critical to protecting its business model, and hence, its products. "TouchTunes has been working diligently to develop world-class music-on- demand products and has developed interesting technical innovations it felt needed to be protected. These patents recognize the unique proprietary intellectual software and hardware inventions developed and implemented by TouchTunes for its music-on-demand products," said John Perrachon, TouchTunes' President & CEO.
About TouchTunes TouchTunes is involved in the digital distribution of music content to interactive, music-on-demand applications. The first such interactive, music- on-demand application is its digital jukebox. TouchTunes is currently the leading provider of interactive, music-on- demand, digital-downloading jukeboxes to the coin-operated machine industry across the United States. TouchTunes has signed agreements with Sony, EMI, BMG, Universal, Warner and their music subsidiaries, which permit the secure transmission, storing and playing of digitized copies of music masters on TouchTunes' central database and throughout its network of digital jukeboxes. TouchTunes also has signed agreements with various independent labels such as: Jive, Beggars Banquet and Epitaph Records. TouchTunes is traded on the NASDAQ OTC BULLETIN Board under the symbol TTMC.
Important Legal Information Certain statements made herein that are not historical are forward-looking within the meaning of the federal securities laws. The work "expects" and similar expressions are intended to identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of TouchTunes to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, the factors described in TouchTunes' filings with the Securities and Exchange Commission. TouchTunes undertakes no obligation to update publicly any forward-looking statement to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.
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