IPIX licenses its rimfire imaging technology to eBAY

IPIX licenses its rimfire imaging technology to eBAY

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Internet Pictures Corporation (IPIX) critical imaging solutions and provider of the Rimfire photo hosting-technology used by many eBay sellers, announced an amendment to its licensing agreement with eBay. iPIX and eBay have amended their current commercial agreement that is scheduled to expire on September 30, 2003. The amended agreement includes a perpetual non-exclusive license to the Rimfire imaging technology and addresses additional potential consideration for certain other transition activities and contingencies. The amendment was filed today by iPIX in a Form 8-K.