STREAMCAST CONFIDENT SUPREME COURT WILL UPHOLD 9TH CIRCUIT RULING IN FAVOR OF TECHNOLOGY |
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Expects Sony-Betamax Ruling to be Fast-Forwarded to the Future Los Angeles, December 10th, 2004 - StreamCast Networks, Inc., will take its case to the Supreme Court in an effort to protect the ability of innovators to create. "If history is any prediction of the future then the outcome of this case should already be destined for victory. In the past whenever technological innovation has been challenged technology has won," Michael Weiss, CEO of StreamCast Networks, developers of the popular Morpheus peer-to-peer search application, stated. "The issues of this case will finally be put to rest once and for all and the plaintiffs will have run out of court venues to pursue. In the meantime, it's business as usual for us as we will continue to proudly market our product and continue to aggressively push the elastic envelope on peer-to-peer technological innovation." P2P technology, as developed by StreamCast and other legitimate companies, supports people-to-people communications. It is quickly becoming the front door to a massive global digital public library accessible by all citizens and development efforts at StreamCast to progress the growth of this technology will continue. "We are confident that after the issues are fully briefed and argued, and the many amicus briefs supporting affirmation of the 9th Circuit Ruling in favor of Morpheus are considered, the Supreme Court will reaffirm the principles it laid out in the Sony-Betamax decision - principle that have clearly guided the technology sector for the last 20 years," stated Matthew A. Neco, StreamCast General Counsel. "This is not just a case about peer-to-peer file searching and sharing. It's a case about technology and innovation, and how principles of copyright are meant to benefit society in general and not merely big Hollywood. We don't think the Court should rewind and erase all the good that has developed."
Brian O'Neal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Copyright © 2004 Streamcast Networks™. All rights reserved. Streamcast Networks, the Morpheus logo, the MusicCity.com logo, and all other trademarks, service marks and trade names of Streamcast Networks appearing on this web site are the property of Streamcast Networks, Inc. Morpheus is a trademark of Streamcast Networks. MusicCity and Streamcast Networks do not condone copyright infringement.
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