SOURCE: Image Technology Laboratories, Inc.

September 28, 2016 08:00 ET

Image Protect Inc. Executes Significant Industry Contracts in 2016

SAN CLEMENTE, CA--(Marketwired - Sep 28, 2016) - Image Technology Laboratories (OTC: IMTL)

Image Protect Inc. (www.imageprotect.com) announced today it has executed exclusive contracts with six of the top photo producers in the world. This brings the total number of images to be monitored for copyright protection to 50MM, up from 1MM in 2015. By leveraging over 30 years of professional experience in the photo industry, Image Protect has tapped into the market for monetizing millions of copyright violations worldwide. Image Protect's technology allows copyright owners to monitor, identify and collect licensing fees from infringers who have illegally downloaded and used copyrighted content. 

Jonathan Thomas, COO stated, "Image Protect was built upon a simple idea: make copyright protection easy and affordable to all visual artists. Our growth shows our clients confidence in our growing family of copyright protection services." Furthermore he stated, "We will see a doubling of our revenue by year end over 2016 and fully expect the growth to continue into 2017". 

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 in North America, Europe, Asia and Oceania ensure that our clients receive appropriate compensation, recovering settlement fees when their work has been used without a 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. Please also review Image Technology Laboratories' 10-K and 10-Q for a more complete discussion of risk factors. 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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