More on copy-proof CDs.
Taken from a news article in MP3.com (http://www.mp3.com/news/370.html)
TTR Combats CD Piracy
by TTR
TTR Combats the Scourge of CD Piracy
TTR Technologies, Inc. Announces MusicGuard(TM), Groundbreaking New CD
Anti-Piracy System -- Warlock Records and Strictly Rhythm Music First to
Sign on New York, NY
September 24, 1999 -- TTR Technologies, Inc. (OTC BB: TTRE) launched
MusicGuard(TM) with the announcement today that Warlock Records Inc. and
Strictly Rhythm Music signed license agreements to protect all their new
releases, beginning in 2000. Last year, Warlock sold nearly 4 million albums
and has guaranteed that a minimum of 2 million this year will be made with
MusicGuard. MusicGuard, TTR's newest technology, protects CDs against
illegal copying. This is the first time audio CDs will be protected against
piracy.
Adam Levy, president and CEO of Warlock Records and N-Coded Music
(distributed through Red/Sony) said, "With the advent of inexpensive CD
recorders, illegal CD copying is rapidly becoming a gigantic problem for the
record industry. MusicGuard provides the industry with a solution to this
problem. I am pleased to be one of the first users of this exciting new
technology."
Mark Finkelstein, president and CEO of Strictly Rhythm Music, said, "When
the kids who make compilations of dance music realize that illegal copies of
my CDs don't play, they are just going to go somewhere else to copy and will
go to the music store to buy ours."
Marc D. Tokayer, chairman and CEO of TTR Technologies, said, "TTR has been
at the forefront of the war against digital piracy, first in the area of
software and now with MusicGuard in the area of music. We are thrilled that
our technology will be instrumental in thwarting the scourge of CD piracy.
We are especially happy to be working with Warlock Records and Mr. Levy in
this effort."
Leading industry figures have expressed the hope that, for the first time,
there appears to be a viable solution to the global problem of CD piracy.
Michael Fine, Grammy-winning producer and former vice presidents of artists
and repertoire at Deutsche Grammaphon, said, "MusicGuard offers an elegant,
sophisticated and inexpensive solution to CD piracy."
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