Loudeye (NASDAQ:LOUD)
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Loudeye Deploys Coding Technologies aacPlus Into its Mobile Music
Platform
MPEG-4 aacPlus Provides High Quality Cross-Platform Support for PCs and Mobile
Phones
SEATTLE and MOUNTAIN VIEW, Calif., April 20 /PRNewswire-FirstCall/ -- Loudeye
Corp. (NASDAQ:LOUD), a worldwide leader in business-to-business digital media
solutions, and Coding Technologies announced today that Loudeye is deploying
Coding Technologies MPEG-4 aacPlus audio format into its mobile music platform
as an option for operators worldwide. By adding support for the high quality
aacPlus audio format and OMA 2.0 digital rights management on PCs and mobile
phones, the Loudeye mobile music platform will support an even wider number of
mobile phones and devices.
Through a strategic collaboration with Nokia, the Loudeye mobile music platform
will enable operators to launch music experiences for their consumers under the
operator's brand. By licensing the aacPlus audio format from Coding
Technologies, Loudeye helps operators offer their consumers access to music on
both the handset and the PC.
"Our goal is to enable operators to deploy a mobile music service platform that
can build incremental revenue and allow them to enhance branding throughout the
entire music process," said Jonas Geust, vice president, Music, Nokia. "By
working closely with Loudeye and leveraging Coding Technologies aacPlus, we can
offer a dynamic service with the best technologies -- helping operators deliver
compelling consumer music experiences."
Loudeye's mobile music platform is designed to allow users to browse, search,
listen, and download either to the device or the user's PC, full length songs
and RingTunes (MasterTones) using an operator branded music application on
their mobile device. Customers can also use their personal computer and an
operator customized PC client based on Microsoft Windows Media Player to access
the music shop via the Internet. Additionally, users can synchronize their PC
music collection with their mobile device.
"We are committed to ensuring our partners have access to a wide range of
technologies and audio formats available for their consumer solutions," said
David Hostetter, vice president of program management, Loudeye Corp. "The
addition of aacPlus represents our commitment to integrating efficient formats
into Loudeye's music platform so partners can ship cost effective solutions
that meet the rising consumer demands."
"A unified experience is key across both mobile and PCs," said David Frerichs,
vice president and US general manager, Coding Technologies. "By adding aacPlus
and OMA 2.0 to a customized version of Windows Media Player, Nokia and Loudeye
have ensured that customers can enjoy the same tracks at the same quality at
work, at home, and on the go."
About Loudeye Corp.
Loudeye is a worldwide leader in business-to-business digital media solutions
and the outsourcing provider of choice for companies looking to maximize the
return on their digital media investment. Loudeye combines innovative products
and services with the world's largest digital music archive, a broad catalog of
licensed digital music and the industry's leading digital media infrastructure
enabling partners to rapidly and cost effectively launch complete, customized
digital media stores and services. For more information, visit
http://www.loudeye.com/.
About Coding Technologies
Coding Technologies provides the best audio compression for mobile,
broadcasting, and Internet. SBR(TM) (Spectral Band Replication) from Coding
Technologies and Parametric Stereo from Coding Technologies and Philips are
backward and forward compatible methods to enhance the efficiency of any audio
codec; putting the "Plus" in aacPlus. Products from Coding Technologies are
fundamental enablers of open standards such as MPEG, 3GPP, Digital Radio
Mondiale and DVB. Coding Technologies is a privately held company with offices
in Sweden, Germany, and Silicon Valley. Founded in 1997 in Stockholm, the
company later merged with a spin-off of the renowned Fraunhofer Institute in
Germany, the inventor of MP3. Coding Technologies' customers include America
Online, Ericsson, iBiquity Digital, KDDI, mmO2, Nokia, Qualcomm, RealNetworks,
SK Telecom, Texas Instruments, Vodafone, and XM Satellite Radio.
Forward Looking Statements
This release contains forward-looking information within the meaning of the
Private Securities Litigation Reform Act of 1995. These statements are based on
current estimates and actual results may differ materially due to risks,
including the possibility of adverse changes in the market for distribution of
digital audio and video that Loudeye serves; adverse or uncertain legal
developments with respect to copyrights surrounding the creation and
distribution of digital content; pricing pressures and other activities by
competitors; the failure of Loudeye's hosting infrastructure; the complexity of
Loudeye's services and delivery networks; any problems or failures in the
structure, complexities or redundancies of Loudeye's network infrastructure;
failures in third party telecommunication and network providers to provide
required transmission capacity; lack of market acceptance for Loudeye's
products and services; the possible delay in the adoption of digital media or
related applications on the web in general; and other risks set forth in
Loudeye's most recent Form 10-Q, Form 10-K and other SEC filings which are
available through EDGAR at http://www.sec.gov/. Loudeye assumes no obligation
to update the forward-looking statements.
DATASOURCE: Loudeye Corp.
CONTACT: media, Karen DeMarco of mPRm, +1-323-933-3399, or
, or in Europe, Chris Owen of Trimedia Communications UK,
+44 (0)207 471 6851, or +44 (0)7970 933 680, , both
for Loudeye Corp.; or investors, Mike Dougherty of Loudeye Corp.,
+1-206-832-4000, or
Web site: http://www.loudeye.com/