News

ClearHeart retains Interminds, LLC to oversee global licensing of PhotoGia

July 12, 2004

AUSTIN, Texas — ClearHeart has retained Interminds, LLC to oversee the sale or licensing of the Company's patent-pending Digital Image Enhancement Technology.

"It is clear from the interest expressed by third-party hardware and software developers that PhotoGia's core technology has tremendous application if embedded into digital cameras, scanners, printers, image setters, kiosks, and other image capture devices," said Skip Jones, president of ClearHeart.

"End users are reporting significant cost savings, including a professional pre-press company that estimates their two copies of PhotoGia will save them
over $500,000 this year. With this in mind, we have hired Lycos co-founder
Bill Townsend's firm, Interminds, to determine which company is best suited to expand PhotoGia's patent-pending technology worldwide."

"With the advent of digital photography, the growth in color printer sales, and the rapid adoption of on-demand printing, more and more consumers will seek built-in color manipulation functions within digital devices like cameras, printers, and scanners," said Bill Townsend, Managing Director of
Interminds.

"Of the dozens of technologies we've reviewed this year, ClearHeart's PhotoGia is by far the most readily able to be rapidly integrated into hardware devices from companies like Kodak, Epson, Canon, Sony, Dell, Apple, and H-P and into software packages from the likes of Microsoft and Adobe. Jack Kincaid, Esq., who will be leading contract negotiations, and I believe PhotoGia's consumer appeal will provide a significant market differentiator for a company in the digital imaging space."

PhotoGia includes a set of pre-defined, genre-based Actions to enhance digital images and make them ready for presentation with a single click. Embedded into digital devices, it negates the need to upload pictures to a PC-based program for manipulation.

"As a standalone program or plug-in to Adobe products, PhotoGia can gain significant market penetration resulting in millions of dollars of revenue," said Townsend. "But as an embedded feature in cameras, camera phones, printers, and other devices, the technology could become ubiquitous with easy-to-use, feature-rich digital image enhancement."