Rightscorp Hires New CFO, Former CEO of Publically Traded Save the World Air, Inc.

SANTA MONICA, Calif., June 1, 2015 /PRNewswire/ -- Rightscorp (OTCQB: RIHT), the leading provider of monetization services for artists and holders of copyrighted Intellectual Property (IP), announced that it has hired a new chief financial officer who has a unique combination of public company management experience, capital raising expertise, and a strong understanding about content creation and ownership, having invested in and produced various independent content projects.

Cecil Bond Kyte was CEO and Chairman of Save the World Air, Inc., a California based publically traded energy technology company.  At STWA he spearheaded the company's restructuring and pioneered its development of Applied Oil Technology, a technology platform designed to advance efficiencies in oil pipeline systems. Under his stewardship, STWA grew from roughly $10 million in market capitalization in 2007 to an in excess of $350 million by 2013. Mr. Kyte's recent experience as both an investor and producer on several Hollywood projects gives him a unique perspective on Rightscorp's business and mission. He has a degree in accounting from California State University Long Beach.

At Rightscorp, he will oversee the Company's financial activities including capital raising and investor development, with the goal of maximizing shareholder value and strengthening the Company's balance sheet. His experience  at STWA,  which secured over $40 million in capital under his helm, will be critical to helping Rightscorp achieve its financial targets.  He will also be responsible for the Company's investor relations outreach, including shareholder and corporate communications.

"We are pleased to welcome Cecil on board and believe his public company background and his fundamental understanding of the value of intellectual property make him the ideal candidate to complement our management team," stated Christopher Sabec, CEO of Rightscorp. "Cecil understands firsthand the importance of protecting content creators and their copyrights. His addition to our team underscores our ability to attract top talent and validates our competitive position."

"Rightscorp is at the forefront of insuring the right to property, which is fundamental to the formation of this country.  Copyrighted content is the property of its creators and they have the right to determine who should be allowed to distribute that content and for what price.  This Company stands for assuring the American dream for future generations and I am excited to begin working with the team," noted Mr. Kyte.

Mr. Sabec added, "The importance of copyright protection becomes increasingly obvious in a digital world. RIAA reports that in the decade since peer-to-peer (p2p) file-sharing site Napster emerged in 1999, music sales in the U.S. have dropped 47 percent, from $14.6 billion to $7.7 billion. The MPAA (Motion Picture Association of America) estimates that piracy costs studios over $6 billion each year. Rightscorp is committed to protecting our clients' IP and assisting them in monetizing their content through the representation of more than 1.5 million copyrights."

About Rightscorp, Inc.
Rightscorp (OTCQB: RIHT) is a leading provider of monetization services for artists and holders of copyrighted Intellectual Property (IP). The Company's patent pending digital loss prevention technology focuses on the infringement of digital content such as music, movies, software, books, and games and ensures that owners and creators are rightfully paid for their IP. Rightscorp implements existing laws to solve copyright infringements by collecting payments from illegal file sharing activities via notifications sent through Internet Service Providers (ISPs). The Company's technology identifies copyright infringers, who are offered a reasonable settlement option when compared to the legal liability defined in the Digital Millennium Copyrights Act (DMCA). Based on the fact that 22% of all Internet traffic is used to distribute copyrighted content without permission or compensation to the creators, Rightscorp is pursuing an estimated $2.3 billion opportunity and has monetized major media titles through relationships with industry leaders. Rightscorp's mission is to ensure that creative works are protected economically so that the next generation of great music, movies, video games, books, and software can be made and their creators can prosper.
http://www.rightscorp.com/

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This press release may include forward-looking statements. All statements other than statements of historical fact included in this press release, including, without limitation, statements regarding the Company's anticipated financial position, business strategy and plans and objectives of management of the Company for future operations, are forward-looking statements. When used in this press release, words such as "anticipate," "believe," "estimate," "expect," "intend," and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors not limited to, general economic and business conditions, competitive factors, changes in business strategy or development plans, the ability to attract and retain qualified personnel, and changes in legal and regulatory requirements. Such forward-looking statements reflect the current views of the Company with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to the operations, results of operations, growth strategy and liquidity of the Company.  All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by this paragraph.

For further investor and media information contact:                                 
Andrew Haag                                                                        
Managing Partner
IRTH Communications        
[email protected]                                                                               
1-866-976-4784                                           

SOURCE Rightscorp, Inc.

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