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Sticky Web, Inc. Signs Agreement with General Patent CorporationBOCA RATON, Fla. --(Business Wire)-- Nov. 17, 2005 -- Sticky Web, Inc. (PINK SHEETS: SIKY), a pioneer in bulk email technology, announced today that it has signed the definitive agreement with General Patent Corporation International (GPCI), a leading intellectual property firm. The agreement states that GPCI will act as the exclusive agent for the purpose of licensing a proprietary bulk e-mail technology protected by the US Patent No. 6,631,400. "We are now ready to move into the second phase of our business plan. This development not only enhances our acquisition strategy, but sets the stage for our other patents and their licensing opportunities," said Thomas L. DiStefano III, the CEO of Sticky Web, Inc. "General Patent is well known as a leading patent licensing firm. Their recent success with Acticon Technologies LLC, for which GPCI signed over 130 licensees, assures us that we are in very able hands as we move our licensing campaign forward," 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: [email protected] or visit www.patentclaim.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. |
