Consorteum Holdings, Inc. has entered into a multi-year licensing agreement with NYG Holdings, LLC. Pursuant to the terms of the agreement, Consorteum Holdings shall have the capacity to modify aspects of the CAPSA platform, combine it with other technological advances created by its development subsidiary, ThreeFiftyNine (359), and rebrand and market it under a new name. Consorteum Holdings also obtained sublicense rights under the new arrangement.

Under the terms of the licensing agreement, Consorteum Holdings will receive credit for sums advanced pursuant to the previous Tarsin, Inc. license. The new license agreement also provides for royalty payments to NYG Holdings beginning 18 months after the effective date of the licensing agreement.