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"Macrovision blah blah blah tamper-resistant technologies yadda yadda entertainment media and blah blah blah by the prospect of yadda yadda our PulseOne Media Service."
——RioPort CFO Wade Meyercord.

RIOPORT GETS CASH,
TURNS JAPANESE

Company Finds Strategic Partner In Macrovision, Opens Japanese Subsidiary
RioPort today announced that Macrovision has made a strategic investment in the company.

The companies plan to collaborate on future security and tamper-resistant software solutions for commercial delivery of digital music to Internet-connected home appliances and stereo devices.

Macrovision is a digital rights management technology provider that specializes in creating copy protection and encryption technologies for digital products. Macrovision's investment will help RioPort position its PulseOne Media Service as a player in the delivery of digital audio content. PulseOne provides a content hosting center, a catalog of audio content, a network of e-tailers and a secure rights e-commerce system.

"Macrovision has a deep expertise in providing tamper-resistant technologies for a broad range of entertainment media and we are excited by the prospect of leveraging their strength and expertise as we advance our PulseOne Media Service," said RioPort CFO Wade Meyercord.

The company also announced the opening of a Japanese Subsidiary, KK Rioport.com Japan. The company has secured initial funding from one of Japan's premier VC firms JAFCO, as well as Softbank Internet Technology Funds.

"RioPort is very excited to make this first global expansion step of our PulseOne Media Service via Rioport-KK," said company President and CEO Jim Long.

"We believe Rioport KK is firmly positioned to become the leading digital media ASP in Japan," added Nick Endo, president of RioPort KK.

 

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