SAN CLEMENTE, Calif., July 16, 2019 — — Image Protect Inc. (OTC: IMTL) (imageprotect.com) (“Image Protect” or the “Company”), a global leader in the end-to-end copyright infringement sector, has development now underway to Launch the Fotofy Platform, which will convert infringement violators to licensed monetary contributors through its comprehensive platform, “The Market Place”, which is set to Launch August 1st 2019. This article clearly depicts the state of the industry and is a trend the Company has been monitoring over the last few years: http://www.olapic.com/resources/the-death-of-stock-photos/
“When launched, the Market Place will be the only resource of its kind that allows the licensing of free photos with an integrated In-Image Advertising component empowering Rightsholders to monetize their Images”, stated Matthew Goldman, Company CEO.
This is a true win-win proposition for participants on both ends of the equation. Moreover, it distinctly separates the Company’s approach from that of competitor websites. Having confirmed over 1 million “Sightings” of Infringement violations, the Company calculates that this model has the potential to ultimately translate into hundreds of thousands of cases getting converted over to the Fotofy model.
About Image Protect: Image Protect protects and monetizes creative works. By uniting technology with a team of copyright experts, we ensure that content providers preserve the value of their digital assets. Our web application monitors the global Internet to seek and collect evidence for illegally used visual content. Then our legal partners across North America, Europe, and Asia ensure our clients receive appropriate compensation for work used without valid license.
Safe Harbor Provision
Cautionary statement for purposes of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995: Information in this news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of the Company and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the execution and performance of contracts by the Company and its customers, suppliers and partners. The Company disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise.
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