YANGAROO US Patent Status - Update

May 15, 2008

I am pleased to report that we continue to make progress with our US Patent Application #10/431,854 titled "Content Distribution System and Method". The Examiner has replied promptly to our April filing and issued a non-final office action, which our patent counsel will review and respond to in due course, as they successfully have with all such previous office actions. This is another normal step in the application review process towards allowance of a patent application. Of note is that the Examiner again did not cite any of the alleged prior art references submitted by our competitor as being relevant.

We remain optimistic that a patent will be granted from our application.