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Burst Sells DVR Patent and Applications

2009-03-11
(OTC:BRST) Burst.com, Inc. Press ReleaseSource: Burst.com, Inc. Burst Sells DVR Patent and ApplicationsTuesday March 10, 9:00 am ET SANTA ROSA, CA-Mar 10, 2009 - Burst.com, Inc. recently announced that it has completed the sale of U.S. patent number 7,272,298 titled "System and Method for Time-Shifted Program Viewing," and a series of 5 related patent applications, to a non-affiliated corporation, for $2.3 million. The patent was issued on September 18, 2007. The purchaser was not publicly identified by mutual agreement of the parties to this transaction. According to Burst.com Chairman & CEO Richard Lang, "After a lengthy process of evaluating the time and risk-weighted returns associated with alternative monetizat
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