Waterside to Represent WeJITs™ in e-Books
Democrasoft Gains Licensing Support With Industry Leader
SANTA ROSA, Calif., Sept. 5, 2012 /PRNewswire/ -- Democrasoft, Inc. (OTC: PinkSheets: DEMO) today announced that it has signed an agreement with Waterfront Press, appointing Waterfront as a key representative for the licensing of Democrasoft's WeJIT™ technology into the publishing industry, throughout the United States. A WeJIT allows an e-book reader to communicate with the author and with other readers from within the e-book, expanding a book's readership and reach, while reading.
The agreement comes in the wake of the recent joint-announcement by Democrasoft, VOOK, and Waterside Productions, of the world's first two-way interactive e-book, made possible by WeJIT technology. 11 Days in May, by JD Messinger and published by Waterfront Press, includes 32 embedded WeJIT discussions, enabling the author and readers to interact with each other from inside the e-book. That announcement quickly led to requests from other authors around the country to have the same WeJIT capabilities in their own e-books. Waterside Productions, which has represented more bestselling authors and more bestselling books than all other agencies combined, offered to represent Democrasoft throughout the publishing world on a non-exclusive basis, and will seek to expand the use of WeJIT capabilities throughout the industry.
William Gladstone, founder and CEO of Waterfront Press, expressed his excitement at the expanded functionality and interactivity that the WeJIT can bring to authors, publishers and readers alike. "There's never before been a way that readers can actually contribute to the content of a book through the process of online collaboration," said Gladstone. "The WeJIT sets up these unique side-conversations between authors and readers that live and breathe over time."
Waterside Productions has successfully represented more than 5,000 books to over 50 publishers, generating more than $200 Million for authors including Eckhart Tolle, Deepak Chopra, Neal Donald Walsh and many others. Waterside was also responsible for bringing the highly-successful series of "...For Dummies" reference books to market.
According to Democrasoft Chairman & CEO Richard Lang "We are thrilled to have Waterside representing us in the publishing world. They are well-known and respected in the industry, and we believe they will do a great job helping us make WeJITs an integrated part of e-books all over the world."
"The basic WeJIT capabilities are just the tip of the iceberg," said Lang. "In the future, we expect to be adding more capabilities for publishers, authors and individual readers. We believe that the easy-to-use WeJIT capabilities will breathe new life and longevity into book publishing and will actually promote new hard-cover and e-book sales at the same time."
About Waterfront Press and Waterside Productions, Inc. Waterfront Press is a wholly -owned subsidiary of Waterside Productions, Inc. a full-service literary agency founded in 1982 in Cardiff, California. For more information please visit www.Waterfrontdigitalpress.com or www.Waterside.com.
About Democrasoft. Democrasoft, Inc. is an innovation and licensing company with a history of pioneering technology. It is the creator of the Collaborize platform and Collaborize Classroom (www.CollaborizeClassroom.com), the award-winning blended-learning platform for grades K-20. It is also the creator of WeJIT (http://www.mywejit.com), a new model for self-contained, topic-based online collaboration that stretches across various platforms and communities. Democrasoft is dedicated to facilitating a vision of online "social networking with purpose." For more information, please visit www.Democrasoft.com.
This press release may contain projections or other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Some of the factors that could cause actual results to differ materially from the forward-looking statements contained herein include, without limitation: (i) the contraction or lack of growth of markets in which we compete and in which our products are sold, and (ii) other factors detailed in documents we post on our website. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.
For more information about WeJIT's, or to schedule an interview with Democrasoft senior management, please contact Mark Kithcart at: [email protected] or call 888-993-8683 x 706.
SOURCE Democrasoft, Inc.
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