Paid Premieres Reciprocal Licensing Agreements
Boston, Massachusetts - (Cheap Web Hosting Directory) - August 15, 2008 - Reciprocal licensing agreements, have been entered into with 3D platform, virtual community environments provider, Worlds.com.
The company’s cross licensing agreements are designed to leverage each other’s patented software platforms for each company’s strategic benefit. The alliance includes Paid’s merchandising of WORLDS.COM 3D content development and the integration of PAID’s patented e-commerce technology into WORLDS’ online 3D marketplace.
The three-year contract with option for renewal is expected to open an evolving series of links to increase web site traffic, enhance the experience of WORLDS.COM users and members of PAID-managed celebrity fan clubs, and aggressively grow the revenue and profits of both companies and their clients. As an early pioneer in 3D online merchandise sales, WORLDS.COM CEO Thom Kidrin clearly places the initial emphasis on PAID’s ecommerce capture and fulfillment role.
Mr. Kidrin explained, ‘’Having operated over 50 online ecommerce stores within 3D worlds for artists such as David Bowie and Aerosmith beginning in 1997, Worlds appreciates the multiple challenges in large scale fulfillment and customer service. Paid’s patented platform and experience in the ecommerce market affords Worlds a unique set of features to offer our users with confidence and a seamless user experience. We are also attracted by the nature of PAID’s relationship consulting services in the areas of sports and music industry marketing, and we see ourselves creating new revenue-generating strategies together as part of the natural progression of our business relationship.'’
PAID’s ecommerce technology will be integrated into WORLDS.COM by yearend 2008, and simultaneously PAID will begin to offer its celebrity clients a 3D immersive web presence. This relationship also breaks new ground as a licensing opportunity under which WORLDS.COM can broker the use of PAID, Inc.’s patented shipping calculation technology when signing or renewing contracts with their clients.
Keith Garde, President of Paid Inc. celebrity services noted, ‘’By establishing an overarching relationship between PAID and WORLDS.COM, we have opened the door to expand further into recording artists, sports figures and other well-known brands to reach greater traffic through partnership.'’
This multi-dimensional partnership has such potential for mutual benefit that the natural progression approach should have far-reaching impact in the real world, the virtual world and additional marketplaces such as mobile telephony, sponsorship and advertising sales and the introduction of a 3D fan experience via PAID’s membership-driven client web sites.
The Internet is still basically a 2D experience as an outgrowth of print media that emulates other flat forms of traditional media. 3D virtual worlds represent the next trend in the interactive relationship between celebrities and their fan bases and can include exclusive fan-only experiences such as video previews, virtual voice chats with the celebrities, Avatar interaction within the fan community and more. In parallel, WORLDS.COM now has the capability to introduce PAID’s one of a kind ecommerce platform to WORLDS’ new or existing
clients, which today include some of the world’s most familiar brands and entertainment entities.
Other exciting developments to watch for include the potential of mobile promotions strategies and the creation and sale of new, PAID-inspired virtual merchandise as the companies fully explore the potential applications of leveraging each other’s technology platforms.
Worlds.com, Inc. is the 1st pioneering platform in massive multi-user 3D virtual communities and rich immersive environments. (US Patent 6,219,045 and 7,181,691B1) Worlds leverages its patented proprietary technology in partnership with brand leaders in specific market segments to offer visitors multi-user environments that have interactive Avatars, rich media graphics, text chat, voice-to-voice chat, video/audio, Web 2.0 tools and e-commerce. The 3D communities allow visitors to interact and communicate with each other in their Avatar persona as well as participate in a multitude of shared experiences such as chat, watching movies, listening to music/playlists, shopping, text messaging, sharing profiles, learning, collaborating plus much more throughout the 3D destinations. Besides partnering with existing content providers that have strong brands, rich media assets and an existing following, Worlds also encourages individuals to create their own virtual spaces, communities and unique Avatars with easy-to-use tools.
Paid, Inc.’s celebrity services provides famous people with official web sites and fan club services that include e-commerce storefronts, ticketing and fan experience packages, and web site content. The Company also sponsors autograph signing events and other sports marketing services for sports clientele. Using proprietary patent-pending technology, Paid’s patent-pending AuctionInc brand shipping calculation and auction management software and services are utilized to streamline online auctions, ecommerce and web site development and hosting.
For more information about Paid web hosting services, please visit: www.paid.com.
