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News Releases
RightsLine Delivers Contract Management, Product Approval Global Provider of Children's Entertainment and Merchandise Licensing uses Enterprise Rights Management Solution to Maximize Business Performance in Highly Competitive Market
LOS ANGELES, CA — June 20, 2005 — RightsLine Software Inc. today announced that 4Kids Entertainment, Inc. (NYSE: KDE) has acquired RightsLine’s Contract Enterprise Rights Management solution. 4Kids Entertainment is migrating off of an older contract licensing system that was not dynamic enough for their changing business needs. RightsLine is expected to allow 4Kids to manage all aspects of its licensing business including contracts, workflow, product approvals and royalties in a single, integrated system. According to Joseph P. Garrity, COO and CFO at 4Kids, “With RightsLine, we will have a single web enabled application to reference all information about a contract RightsLine should streamline the deal process and integrate with our contract imaging, digital asset management and financial systems. ” “By choosing the RightsLine solution, 4Kids is building a competitive advantage in the marketplace”, said Russell P. Reeder, Chairman and CEO, RightsLine, Inc. ”Over the last twenty years companies have been implementing new enterprise software applications to streamline their financial, manufacturing, human resources and service processes. Now, companies recognize the next opportunity for major improvement in business performance comes from automating their intellectual property business processes by implementing a new type of enterprise software – Enterprise Rights Management.” About 4 Kids Entertainment Headquartered in New York City with international offices in London, 4Kids Entertainment, Inc.(NYSE: KDE) is a global provider of children's entertainment and merchandise licensing. 4Kids, through its wholly owned subsidiaries, provides domestic and international merchandise licensing; television, film, music and home video production and distribution; media planning and buying; product development; and Web site development. For further information, please visit the Company's Web site at www.4KidsEntertainment.com. About RightsLine RightsLine Software Inc. is a leading provider of business applications software, enabling companies to increase revenue and lower operating cost from licensing content, trademarks, and copyrights. In a time when shareholders are pushing management to do more with less, RightsLine provides the first software solution focused on increasing revenue from intellectual property while driving down overhead costs. From automating licensing and sales divisions to improving financial accountability, RightsLine provides a proven set of rights management, licensing and royalty products, allowing our customers to increase revenue, satisfy compliance requirements and improve efficiencies. For more information about RightsLine, please visit us on the web at http://www.rightsline.com/. ######### The names of actual companies and products mentioned herein may be the trademarks of their respective owners. For more information, press only: Rob Delf For more information on RightsLine:
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