Time Trax, Innovative Tech Companies Join in Support of Grokster

Time Trax, Innovative Tech Companies Join in Support of Grokster

Emerging Technology Companies Defend Economic and Cultural Importance of Innovation

WASHINGTON, March 28 /PRNewswire/ -- Time Trax Technologies announced today it has submitted an Amicus brief to the United States Supreme Court along with several emerging technology companies and the Electronic Frontier Foundation (EFF) in support of Grokster. The brief argues that tightening copyright infringement requirements on emerging technology will greatly deter growth and competition in the United States. The Supreme Court is hearing the case, Metro-Goldwyn-Mayer v. Grokster, on Tuesday, March 29, 2005.

Time Trax develops and sells innovative digital recording technology that records broadcasts from Sirius and XM satellite radio to capture broadcasts as individual labeled files for later personal use. The Amicus brief submitted to the court was signed by ten companies potentially affected by the ruling and asks the Court to refrain from assigning liability for product use to its manufacturer based on an immeasurable definition of "primary use." A victory for Grokster would largely open the gates for continued innovation in this field.

"Time Trax is rooted in the controversial innovation of technology. We've joined this group of technology innovators and the Electronic Frontier Foundation in submitting this brief because we could be affected dramatically by the outcome of this case," said Elliott D. Frutkin, CEO of Time Trax. "Innovation is the cornerstone of the American economy, and innovators should not be held responsible for illegal use of technology they develop that is intended for legal purposes. TimeTrax and Grokster don't steal music -- people steal music."

"Time Trax provides a valuable consumer product that allows individuals to enhance the usability and enjoyment of entertainment and news broadcasts for their own personal use," said Frutkin. "While a loss in this case wouldn't shut us down, a win for Grokster would be tremendously beneficial to the future of our company, and to the development of our product line. The intended use of Time Trax technology is fully within copyright regulations, and we trust our customers to support artists and entertainers by respecting copyright laws."

"The EFF is honored to join an innovator like Time Trax in support of Grokster," said EFF policy analyst Annalee Newitz. "Technological innovation is crucial to the U.S. economy, and holding companies responsible for the actions of their users starts us down a dangerous path. We're looking forward to Grokster's day in court."

Time Trax and the other participating companies argue in the brief that technology innovation is important to economic growth and that the legal uncertainty of MGM's petition would stifle that innovation as companies may move slowly due to litigation fears. It also proposes that the foundation of MGM's claims regarding potential copyright infringement by users of these technologies is extremely difficult to assess.

Time Trax CEO Elliott Frutkin will be in attendance at the arguments on Tuesday, March 29th and will be available to the media after the arguments for further comments.

About Time Trax Technologies Corp.

Time Trax Technologies develops and markets plug'n'play products that allow people to easily record satellite radio broadcasts onto personal computers. With TimeTrax, users can capture broadcasts from hundreds of satellite radio stations from XM and Sirius. TimeTrax saves captured broadcasts as MP3 or other audio type files, which can be accessed by PC, saved to a CD, or automatically transferred onto an MP3 player, for use at the listener's convenience. TimeTrax was conceived in 2004 by Toronto, Canada software developer G. Scott MacLean. The TimeTrax recording software has been downloaded more than 400,000 times in the company's first six months of operation. TimeTrax software, USB adapters and satellite radios are all for sale at http://www.timetraxtech.com/. Time Trax products will be available in retail stores in Q3 2005.

Copies of the Amicus brief are available at the EFF website: http://www.eff.org/IP/P2P/MGM_v_Grokster/

Source: Time Trax Technologies Corp.

CONTACT: Sarah Nicholson of DBC Public Relations Experts,
+1-202-298-760, ext. 201, or sarah@dbcpr.com, for Time Trax Technologies
Corp.

Web site: http://www.timetraxtech.com/
http://www.eff.org/IP/P2P/MGM_v_Grokster

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