ORLANDO, Florida and San Francisco, CA (PRWEB) April 28, 2016
Monster Media and TINT, today announced that they have entered into a long-term patent and technology cross-licensing agreement. Under the terms of the agreement, Monster has licensed its social media display patent portfolio of five patents to TINT and TINT has licensed the use of its platform to Monster.
Tim Sae Koo, TINT’s CEO said, “We’re delighted to have reached a pragmatic, commercial agreement that enables our respective businesses to gain full advantage of Monster’s patents. TINT can now offer customers the full protection of Monster’s patents and Monster can enhance its interactive solutions with TINT’s latest social and content display platform.”
Monster has developed one of the industry’s largest intellectual property portfolios dedicated to social media display. Monster’s patents include; US 7,450,954, US 8,615,565, US 8,880,649, US 8,886,759 and US 9,247,002
“TINT has a powerful and flexible platform that Monster appreciates could enhance our interactive end-to-end solutions. Tim and I are both excited by the potential our cross-license deal has to benefit our respective businesses. I welcome discussions with any company interested in similar arrangements," said Stephen Randall, EVP Mobile and Social Technologies at Monster Media.
All other terms of the agreement are confidential.
About Monster Media:
Monster Media is an international, full-service provider specializing in digital and interactive activations. We’re an industry leader in delivering dynamic and impactful interactive media across endless platforms, including: airports, malls and retail locations, events, sports/entertainment venues, mobile tours, college campuses, hotels, bus shelters, newsstands, storefronts and mass transit.
EVP Mobile and Social Technologies, Monster Media
TINT is where your content and community come together to create beautiful, authentic stories displayed anywhere. We are a fully self-serviced yet powerful story-telling machine that help organizations engage their audiences. Over 45,000 brands in 172 countries use TINT to source and curate the most relevant social content and display it across their website, mobile app, digital advertising, TV screen, digital billboard, projector wall, and jumbotron in minutes. http://www.tintup.com
Tim Sae Koo