BOCA RATON, FL., September 26, 2005 (BUSINESS WIRE) - Sticky Web, Inc. (PINK SHEETS: SIKY), a pioneer in OPT-IN e-mail technology, announced today that it has signed a Letter of Intent with General Patent Corporation (GPC), a leading intellectual property firm, and its affiliate idea incubator, IP Holdings LLC.
The Letter of Intent contemplates establishing a joint venture between Sticky Web, Inc. and IP Holdings LLC for the purposes of licensing a proprietary bulk e-mail technology protected by the US Patent No. 6,631,400.
“We are very excited about this development,” said Thomas L. DiStefano III, the CEO of Sticky Web, Inc. “General Patent is well known for its successes in patent commercialization and we are looking forward to working with them in realizing the value of our intellectual property,” 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.