Loudeye Launches MusicStore Mobile, the First Full-Featured Wireless Digital Music Platform in the United States

Loudeye Launches MusicStore Mobile, the First Full-Featured
Wireless Digital Music Platform in the United States
- Carrier-Class B2B Platform Enables Companies to Create Next-Generation Mobile
Music Experiences for Their Customers



SAN FRANCISCO, Oct. 25  /PRNewswire-FirstCall/ -- Loudeye Corp. (NASDAQ:LOUD),
a worldwide leader in business-to-business digital media solutions, today
announced the immediate availability of its MusicStore Mobile services, which
will enable companies -- such as mobile operators, portals, retailers and
content owners -- to rapidly launch advanced wireless digital music services
for their customers by combining an intuitive music service on mobile handsets
with a feature rich online music store.  The announcement was made today in
conjunction with CTIA Wireless I.T. and Entertainment 2004, the foremost trade
show on the convergence of mobile platforms and entertainment content.  Loudeye
is demonstrating the first live deployment of its MusicStore Mobile service at
its show booth, #161.

Mobile media & entertainment is projected to become a key driver of revenue for
companies involved in the mobile supply chain, especially as next generation
mobile handsets capable of supporting rich media enter the market. Informa
projects that the number of MP3-enabled phones will more than double in the
next year to 25.3 million units and reach 116 million units by 2008. Research
firm Strategy Analytics projects that the downloadable mobile music market will
top $17.6 billion annually in 2009.

Search, Discover, Preview, Purchase - All from the Handset

Loudeye's MusicStore Mobile is a full-featured digital music platform for both
mobile and online music experiences.  MusicStore Mobile is the first service to
enable companies to offer their consumers the ability to search a music catalog
of over 750,000 tracks, discover new music and artists, listen to streaming
samples on the handset in multiple streaming formats, and purchase digital
music downloads using their phones and existing monthly subscriber bill.

Songs purchased through the mobile music application can then be downloaded to
a PC through an online music store that is branded with the customer's look and
feel.  The charges can be automatically billed to subscribers' existing monthly
statements, removing the need for separate billing information and making the
entire experience seamless from searching tracks on the handset to listening to
them after they are downloaded.

Loudeye fully manages on behalf of its customers both the mobile and online
music services, providing merchandising, content and license clearing services,
as well as hosting the entire experience on its carrier-class infrastructure.

Full Integration with Existing Systems

MusicStore Mobile provides a compelling user experience, on the handset and the
PC, and seamless integration to companies' existing brand, web, CRM and
commerce infrastructure and secure transaction platform. MusicStore Mobile is
the first platform to support fully integrated business-to-business digital
music store offerings for mobile companies to launch services under their own
brand utilizing a mobile and PC experience.

  MusicStore Mobile includes the following components:

  -- Fully integrated, fully branded turnkey digital music store offering
  -- Seamless integration between the mobile handset and the PC
  -- Search, discover, preview and purchase from a catalog of more than
     750,000 tracks (growing daily)
  -- Streaming samples delivered directly to the handset in multiple
     streaming formats
  -- Music ID integration; hear a song on the radio or TV and automatically
     identify and purchase the song, all through the handset
  -- Purchases billed directly to existing monthly statements; no need for a
     credit card or separate billing information after set up (other payment
     methods available as well)
  -- Full account management features for end users to manage their
     purchases and digital rights and view their account history
  -- Messaging alerts and email notification of purchase



MusicStore Mobile offers several features to create a compelling user
experience:

  -- Cover art and metadata available on the handset and online to make
     navigation easy and fun
  -- Mobile Wish List -- users can save song titles they like to their phone
     and view them online later
  -- Broad Accessibility -- downloaded tracks can be transferred to more
     than 70 compatible devices for playback, including phones and portable
     digital music players
  -- "Send to a Friend" -- users can share information about music they
     experience on the service with other wireless subscribers from their
     handsets
  -- Celebrity Play Lists -- users can check out music recommendations from
     their favorite celebrities
  -- Rich editorial options, including charts, album reviews, artist
     biographies and other features



"Consumers are demanding access to music across a wide array of environments,
and our MusicStore Mobile product enables wireless companies to leverage the
accessibility and widespread popularity of mobile handsets to meet this demand,
offer enhanced services and create incremental revenue opportunities from music
sales," said Jeff Cavins, president and chief executive officer of Loudeye. 
"We believe this broad access to music and the powerful combination of features
including discovery, ID, sampling to the handset, and integration with the
monthly billing statements, will facilitate mobile sales of digital music and
provide unique opportunities for companies in the wireless arena to
differentiate their offering and stay ahead of the curve."

"The introduction of MusicStore Mobile represents the first stage in our
aggressive development efforts for the mobile industry.  Our mobile music
platform is extensible enough to support experiences on dozens of mobile
handsets."

Pricing and Availability

Loudeye's MusicStore Mobile is available immediately in the U.S. and Europe,
with broader availability scheduled for Asia in early 2005.  For more
information, including pricing, please contact Loudeye sales at 877-502-5488 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 the completion of the development of the platform; possibility of
adverse changes in the market for distribution of digital music that Loudeye
serves; mobile device and network security; willingness of record labels to
license expanded mobile service offerings; 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 over
mobile networks 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:  media (U.S.), Karen DeMarco, , or

Yasmeen Coning, , both of mPRm Public Relations,

[phone], for Loudeye Corp.; or investors, Michael Dougherty of Loudeye

Corp., [phone], or 



Web site:  http://www.loudeye.com/ 

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