WILLIAMSTOWN, Mass., March 4, 1998 -- The award of three
patents to
Open Market Inc. is a welcome development because it tends to confer
credibility on a new class of technologies which leverage the Internet's
diversity, the president of Clickshare Service Corp. said on Wednesday.
Clickshare is a development-stage, privately funded technology
company which owns rights to an Internet distributed user-management
system. The patent-pending system enables micropayments and other services.
The full statement by the company's president and co-founder, William P.
Densmore Jr., appears below.
"The award on March 3 of the last of three patents to Open
Market
Inc. is a welcome development because it tends to confer credibility on a
whole class of transaction technologies -- those which leverage the
distributed diversity of the Internet rather than try to close it.
"Corporate technology managers and publishers are confused by the
claims and features of different vendors. The U.S. Patent and Trademark
Office examiners, while themselves overwhelmed with filings, are
nonetheless a corps of unbiased technical analysts whose only goal is to
recognize novel and useful inventions. This helps the marketplace to
separate valid products from vaporware and potential standard-bearers from
position seekers. In the Internet environment, this may be more valuable to
the patent holder than license fees or royalties.
"The Open Market patents, at first blush, do not appear to be so
broad as to foreclose other approaches to Internet commerce. Rather, they
signal that in the Wild West environment of the Internet, good ideas don't
all come from large corporations.
"Clickshare's Token Validation Service (TVS), engineered in 1994
and 1995 and subject of a pending patent application, is a compatible and
collaborative technology which enables information micropayments,
personalization, resource access control and audience measurement. It vests
a user with a Digital Calling Card (SM) which can be used for one ID, one
password access to multiple web sites. It allows consumers to have credit,
but remain anonymous, and respects privacy by requiring no central names
database.
"Most important, TVS allows affiliated publishers and consumer
billing agents such as ISPs, banks, telcos and retailers to make money --
by exchanging users and links just as wholesalers and retailers help each
other execute physical commerce."
-- 30 --
Editor's Note: Open Market's news release may found at:
http://www.openmarket.com/releases/3patents.htm
Clickshare Service Corp.'s home page is at:
http://www.clickshare.com/
SOURCE: Clickshare Service Corp., 477 Congress Street, Portland ME 04101.
CONTACT: Bill Densmore, (413) 458-8001 / corp@clickshare.com
Clickshare Service Corp.
477 Congress Street, Suite 1300
Portland ME 04101 (USA)
207-871-7000