SEATTLE, March 14, 2006 (PRIMEZONE) -- ReelTime Rentals, Inc. (Pink Sheets:RLTR) today announced that the European Patent Office has published the Company's application for a patent regarding its "Media Device Rental System". The Company originally filed for this international patent under the Patent Cooperation Treaty (PCT) on October 25, 2001 to protect ReelTime Rentals' proprietary online media delivery technology. Publication of ReelTime's Media Device Rental System patent application may provide the Company with provisional protection against infringers.
Barry Henthorn, Chairman of Reeltime Rentals, commented, "ReelTime is a pioneer in the digital entertainment industry and plans to deliver media via broadband to television, PC and portable electronic devices of all kinds. We realize that protecting ReelTime's technology can provide us with a competitive advantage that is critical to the long-term success of our media device rental system. Due to the global scope of the internet and worldwide web, we understand the importance of establishing an international intellectual property portfolio. We are very pleased to move forward in the patent process and anticipate continued progress in this area of our business."
Seed IP, based in Seattle, WA, has been retained by ReelTime to protect and enforce its U.S. and international patents for the Company's Media Rental Device Technology. Seed IP provides legal assistance in all areas of intellectual property including patents, trademarks, copyrights, trade secrets, licensing and litigation.
About ReelTime Rentals, Inc.
Headquartered in Seattle, Washington, ReelTime Rentals' mission is to deliver diverse media content to consumers over the Internet enabling them to view the media content that they choose, whenever they would like to see it. The Company streams full-screen media content directly to consumers, while implementing security measures to combat the threat of piracy. Subscribing customers of ReelTime's service will have access to an extensive library of quality full-screen movies and other programming without the hassles of going to the video store or mailbox, nor the added expense of late fees.
For more information on ReelTime Rentals, Inc. you may visit our web site at www.reeltimetv.net.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although ReelTime Rentals Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by ReelTime Rentals Inc. or any other person that the objective and plans of ReelTime Rentals will be achieved.