Cybermesh International Corp. announced yesterday that they have identified their second joint venture partner and have signed a term sheet to move forward. The joint venture partner, ContentX Technologies LLC, is an Internet intelligence, security and copyright monetization company. The two companies are working to complete the joint venture in 30 days.
Cybermesh International Corp. believes that ContentX Technologies LLC complements the Company’s mission. They believe that access to ContentX’s technologies will eliminate the capital outlay that would otherwise be required to develop their own systems.
ContentX recently launched a “friendly” new solution that tracks individuals who download entertainment content illegally, and then converts them to paying customers. Their platform is the only large-scale, automated system that identifies infringers by the thousands, sends notices of their illegal use, and then offers a proven system to collect payments on behalf of the content owners, at no cost to studios or copyright holders.
ContentX Technologies LLC has already signed several marquee clients. With this joint venture, both companies believe this will significantly improve ContentX Technologies’ ability to expand their operations, personnel as well as their infrastructure.
ContentX Technologies LLC provides powerful internet intelligence, security and monetization solutions that turn piracy into paying customers for the entertainment industry. The key differentiator of ContentX is their ability to address thousands of infringers as future consumers, rather than as adversaries. In addition, they guide studios to think in the same direction by creating a tailored consumer experience that drives fully paid repeat visits. ContentX is based in Southern California’s technology hub.
Cybermesh International Corp. is a technology-based company focused on developing technologies in video streaming, telecommunications, media distribution and the analysis sector. The Company has acquired technologies in the areas of compression, encryption, video streaming and telecommunication. They are in the process of identifying and engaging key management and business partners that they believe will further their business development and add to their product line.