SANTA MONICA, Calif.,
June 17, 2015 /PRNewswire/ --
Rightscorp (OTCQB: RIHT), the leading champion of artists and other
holders of copyrighted Intellectual Property (IP), announced today
that it has issued a Letter to Shareholders.
Highlights of the letter include:
- Current market landscape and recent media coverage on piracy
impacting the multi-billion dollar entertainment industry
- Rightscorp's unique patent-pending technology for identifying
copyright infringement
- Review of the Company's Q1 2015 financial highlights
- Discussion of operating metrics and growth catalysts in the
coming months
- Corporate highlights that include recent hiring of Mr.
Cecil Bond Kyte as Chief Financial
Officer
To read the Letter to Shareholders in full, please visit:
http://content.stockpr.com/rightscorp/media/789b2824f5a0cd7ef8af40a5617fd6af.pdf
About Rightscorp, Inc.
Rightscorp (RIHT) is a leading
provider of monetization services for artists and holders of
copyrighted Intellectual Property (IP). The Company's patent
pending digital loss prevention technology focuses on the
infringement of digital content such as music, movies, software,
books and games and ensures that owners and creators are rightfully
paid for their IP. Rightscorp implements existing laws to
solve copyright infringements by collecting payments from illegal
file sharing activities via notifications sent through Internet
Service Providers (ISPs). The Company's technology identifies
copyright infringers, who are offered a reasonable settlement
option when compared to the legal liability defined in the Digital
Millennium Copyrights Act (DMCA). Based on the fact that 22% of all
Internet traffic is used to distribute copyrighted content without
permission or compensation to the creators, Rightscorp is pursuing
an estimated $2.3 billion opportunity and has monetized major media
titles through relationships with industry leaders.
http://www.rightscorp.com/
Safe Harbor Statement
This press release may include
forward-looking statements. All statements other than statements of
historical fact included in this press release, including, without
limitation, statements regarding the Company's anticipated
financial position, business strategy and plans and objectives of
management of the Company for future operations, are
forward-looking statements. When used in this press release, words
such as "anticipate," "believe," "estimate," "expect," "intend,"
and similar expressions, as they relate to the Company or its
management, identify forward-looking statements. Such
forward-looking statements are based on the beliefs of the
Company's management as well as assumptions made by and information
currently available to the Company's management. Actual results
could differ materially from those contemplated by the
forward-looking statements as a result of certain factors not
limited to, general economic and business conditions, competitive
factors, changes in business strategy or development plans, the
ability to attract and retain qualified personnel, and changes in
legal and regulatory requirements. Such forward-looking statements
reflect the current views of the Company with respect to future
events and are subject to these and other risks, uncertainties and
assumptions relating to the operations, results of operations,
growth strategy and liquidity of the Company. All subsequent
written and oral forward-looking statements attributable to the
Company or persons acting on its behalf are expressly qualified in
their entirety by this paragraph.
For further investor and media information
contact:
Andrew Haag
Managing Partner
IRTH Communications
rightscorp@irthcommunications.com
1-866-976-4784
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/rightscorp-issues-letter-to-shareholders-300099446.html
SOURCE Rightscorp, Inc.