FOR IMMEDIATE RELEASE
***
state income taxes, and $194 million in sales taxes study says
Hollywood,
CA — SafeMedia Corporation, based in
"Current technology is worthless
in stopping P2P piracy,” he explained. “What was needed is a totally new
approach in system architecture, and the Clouseau is the best-of-breed Internet
Piracy Prevention solution. It was designed from scratch specifically to stop
all P2P Internet piracy no matter where it originates world wide."
According to a study released this year by the Los Angeles County
Economic Development Corporation (LAEDC), state and local governments lose
three times from piracy. First, they
lose the sales taxes that should have been paid on the copied items. Next, they lose additional taxes when lost
business revenues translate into lower spending and fewer jobs. And third, they bear the increased police,
court, and prison costs associated with combating counterfeiting and related
criminal activity.
The MPAA commissioned study reveals that the sound recording industry
lost billions to piracy in 2005: sales of pirated music CDs were worth an
estimated $4.5 billion and there were about 20 billion illegal downloads,”
said Study Author Greg Freeman, vice president, Public Policy and Consulting,
LAEDC.
“Valuing the illegal downloads is
trickier still, yet even a modest value of 10 cents per song suggests further
industry losses of $2 billion,” explained Freeman. “Global sales (physical and digital) of music
in 2005 were $33.5 billion, with The Recording Industry Assn. of America (RIAA)
members (
“The technology moves through multi-layered encryptions, analyzes
network patterns and updates itself frequently,” explained Fahmy. “The packet
examinations are noninvasive and foolproof. Clouseau prevents the illegal back
and forth flow of copyrighted files like you would find through LimeWire, Morpheus
or eMule. This technology prevents a
real loss to the industry.”
Advanced technology and a unique approach to fingerprinting and DNA
markers created by SafeMedia allow the thorough examination of all incoming and
outgoing packets: illegal P2P is eradicated, while legal P2P passes along to
its destination with no measurable delay.
At the industry level, the RIAA
has threatened some of the nation’s top universities with copyright
infringement lawsuits, and hundreds of pre-litigation letters have been sent to
students who have illegally downloaded thousands of songs. They’ve been given the option of settling for
$3,000 - $5,000 or face lawsuits for up to $750 per song or more than $1
million in fines.
“For the first time ever, policy
makers have the solution to insure compliance with the law. Businesses,
universities, organizations and Internet users can comply in a friendly,
positive environment without expensive and hostile legal action enforcement.
Copyright holders can finally make the Internet available as a safe, viable
distribution channel for all content industries,” said Fahmy.
About SafeMedia Corporation
SafeMedia’s
technologies provide individual users, businesses, educational institutions,
and public/private organizations with an immediate, effective way to totally
safeguard their network infrastructure from every risks associated with illegal
file sharing of copyrighted files, insure 24/7/365 compliance with all federal
and state digital copyright laws and eliminate the risk of legal prosecution.
For more about the unique technology visit: www.SafeMediaCorp.com.
[Editors: For interviews, images and a demo please contact George
McQuade, 818-340-5300 or 818-618-9229 or PR@MayoCommunications.com]