Max Media Group, Inc recently announced that it has entered into an exclusive license agreement with Secure One Solution, Inc. Under the terms of the agreement, Max Media will acquire the exclusive US license to market a bootable Universal Serial Bus ("USB") flash drive, which has been designed to provide access to a complete range of services and applications such as e-mail, telephone and voicemail, IM, fax, paging as well as music, movies and video which are secured by military grade Internet protection.
The USB flash drive prototypes, while similar to other flash drives currently available, are unique by way of a secure operating system which is separate from the hard drive along with a secure/hardened operating system, as well as a virtual private network and robust back-up service.
Designed to be compatible with all home and office computers, as well as all hand held devices, the USB flash drive also comes with an advanced encryption protocol that supports secure Internet transmission – a capability which is highly desirable in light of increasing volume of online commerce. Pricing for the drive will be on a model basis which is affordable while marketing strategies will include Big Box (News - Alert) Outlets, telemarketing, exclusive labeling and Internet sales.
Max Media will be issuing a total of 10,000,000 shares of its authorized, but unissued, shares of common stock in consideration and will also pay Secure One an annual royalty of five percent on all sales that are generated either by it or via its sub-licensees. Terms and conditions of the exclusive license agreement at the time of execution requires that Secure One pass over all technological upgrades and support services to Max Media’s customers. Additionally, Secure One will also be required to start a program of advertising and promotion which is to be carried out both regionally and on a national scale.
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