$IMTL(.0016)~ 5 MILLION DOLLARS KODAKONE DEAL!
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June 20, 2019 -- InvestorsHub NewsWire -- via www.nextbigticker.com -- Image Protect Inc. (USOTC: IMTL) announced yesterday a deal with RYDE Holding, the creator and operator of the KODAKOne IMTL will provide KODAKOne with IMTL’s proprietary Image Rights Management Platform. IMTL provides a global image rights monitoring platform and in the KODAKOne deal, the IMTL could realize $5 million in revenue. The deal between IMTL and KODAKOne is featured today by Stock Investor Daily.
RYDE Holding, Inc. (formerly WENN Digital, Inc.), a brand licensee of Eastman Kodak Company (NYSE: KODK), is the creator and operator of the KODAKOne Platform and the KODAKCoin Tokens. KODAKOne is a blockchain based technology that provides photographers and agencies the ability to store their image assets and associated metadata in a way that tracks ownership, rights and license transactions regardless of where those images are used and by whom. KODAKOne pairs this with KODAKCoin tokens to instaneously make licensing payments on image utilization.
IMTL protects and monetizes creative works. IMTL’s web application monitors the global Internet to seek and collect evidence for illegally used visual content and ensures image owners receive appropriate compensation for work used without valid license.
KODAKOne’s partnership with IMTL gives KODAKOne’s image licensing solution more teeth to not only facilitate licensing of images, but also protect against the unlicensed use of images. Signing a partnership with a brand name like KODAKOne puts IMTL’s ground breaking solution on the map. Look for IMTL PPS performance to soon reflect the value of the partnership announced today.