Loudeye (NASDAQ:LOUD)
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Loudeye Extends Overpeer Asset Protection and Promotion Services
Into Europe
Comprehensive Solution in Europe for Protecting Content Owners Assets on
World's Peer-to-Peer Networks
BERLIN, Sept. 29 /PRNewswire-FirstCall/ -- Loudeye Corp. (NASDAQ:LOUD), a
worldwide leader in business-to-business digital media solutions, today
announced the immediate availability of its Overpeer asset protection and
promotion services in the European marketplace. As a result, European content
owners across the music, film/video, game and software industries will have
access to Loudeye's industry leading and proven piracy protection services for
prohibiting the illegal distribution of copyrighted material on the world's
peer-to-peer networks.
Overpeer services allow content owners to protect the unauthorized distribution
of their assets on peer-to-peer networks. The services, which are available
immediately in Europe, include Overpeer Titanium, a service featuring the
industry's leading anti-piracy service level agreement (SLA) guaranteeing 99%
effectiveness in preventing the illegal sharing of digital media across
peer-to-peer networks. Loudeye has built a solution to handle the tremendous
levels of content available and user traffic currently present on global
peer-to-peer protocols. Loudeye currently protects more than 60,000 digital
entertainment titles and blocks hundreds of millions of attempted downloads
each month.
"As we enter an important stage in the legitimate distribution of digital media
content, content owners around the world face challenges in managing the
illegal distribution of their material across peer-to-peer networks," said Marc
Morgenstern, vice president and general manager of Loudeye's asset protection
and promotion business. "Our proprietary systems and technology are designed
to interdict illegal peer-to-peer traffic, blocking illegal transmission of
copyrighted material and helping content owners take control of piracy. These
systems have been highly effective for our customers in the US and Asia, and
we're pleased that we are now launching the services in Europe through OD2, our
European subsidiary."
Loudeye's Overpeer technology integrates seamlessly and transparently into the
world's most popular distributed peer-to-peer networks -- which are responsible
for an estimated 90% of worldwide file sharing traffic. The service is highly
effective in protecting digital media files from unauthorized distribution.
Each month, Loudeye experiences 25 billion digital download hits against its
servers, effectively blocking the illicit distribution of copyrighted material
across 200 million unique user sessions.
The combination of Loudeye's piracy protection services with Loudeye's OD2
services in Europe provides content and distribution partners with a full suite
of tools for maximizing the return on their digital media investment. European
content partners can utilize Loudeye's services to protect digital music,
video, game and software, hinder unauthorized distribution and reinforce the
value of digital content through strong promotional tools. Distribution
partners benefit from the potential conversion of millions of illegal
transmissions into legitimate sales through their stores and services.
"The expansion of our asset protection services into Europe underscores our
commitment to providing a complete range of solutions for content and
distribution partners around the world," said Charles Grimsdale, president and
general manager of Loudeye's international business operations. "Billions of
files are traded every month on peer-to-peer networks, cutting into revenue for
content owners and legitimate digital media distribution stores and services.
We look forward to working with European content owners to protect their
content from rampant piracy and provide valuable data on the usage of their
content across peer-to-peer networks."
Loudeye holds three patents in Korea, one in Germany, and has four patents
pending in the U.S. for proprietary technology, systems and software related to
its digital media asset protection and promotion business.
Pricing and Availability
Loudeye's asset protection and promotion services are available immediately.
For more information, including pricing and a technical overview of Loudeye's
asset protection and promotion services, please contact Loudeye sales at +44
(0)207 082 0850 or email .
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 music archive 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/.
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 lower than anticipated adoption of anti-piracy protection services in
the European market; possible adverse resolution of litigation involving
Overpeer's anti-piracy services; the completion of the development of the
platform; possibility of adverse changes in the market for distribution of
digital music 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; lack of market
acceptance for Loudeye's products and services; the possible delay in the
adoption of digital media or related applications or 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 these forward-looking statements.
DATASOURCE: Loudeye Corp.
CONTACT: U.S. media, Candice Yusim, , Karen DeMarco,
, or Yasmeen Coning, all of mPRm Public Relations,
+1-323-933-3399, for Loudeye Corp.; or Europe media, Simon Hill of Trimedia
Communications UK, +44 (0)207 471 6826, or +44 (0)7776 251192, or
, for Loudeye Corp.; or investors, Michael Dougherty
of Loudeye Corp., +1-206-832-4000, or
Web site: http://www.loudeye.com/