Loudeye (NASDAQ:LOUD)
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Loudeye Named to 2004 InfoWorld 100 for IT Innovation in Digital
Media
Loudeye Bolsters Its Digital Music Storage Capacity and Global Delivery
Efficiency and Is Recognized as One of the Top 100 IT Deployments of 2004
SEATTLE, Dec. 28 /PRNewswire-FirstCall/ -- Loudeye Corp. (NASDAQ:LOUD), a
worldwide leader in business-to-business digital media solutions, today
announced it was named to the InfoWorld 100 of 2004. Each year, InfoWorld's
editorial staff selects the InfoWorld 100 for companies' innovative use of
multiple technologies in the service of well-defined business goals. Loudeye
was honored by InfoWorld for the deployment of StorageTek's information
lifecycle management solutions, which helped maximize the speed, efficiency and
capacity of Loudeye's global digital media processing, management and
distribution services.
StorageTek's solutions helped Loudeye enhance its media operations center
through the deployment of next generation storage infrastructure. Through its
relationship with StorageTek, Loudeye has added more than 200 terabytes of
storage, enabling real-time digital media encoding and significantly increasing
the company's total aggregate storage capacity.
"InfoWorld recognizes Loudeye for its innovative use of technology to
significantly enhance its business and service offering," stated Eric Knorr,
executive editor-at-large of InfoWorld. "Loudeye's implementation of
StorageTek's solution dramatically increases Loudeye's ability to manage
incredible volumes of rich media for its clients worldwide."
"We are honored to be recognized in the InfoWorld 100. Loudeye strives to
offer the best digital media solutions to companies around the world, and is
always looking to implement new technologies that improve our customer service
throughout each channel," said Joe Baldini, Loudeye's vice president of IT.
"StorageTek offers innovative storage solutions that enhance our ability to
efficiently deliver content to global partners, helping them come to market
quickly in the rapidly evolving digital media marketplace."
"As companies around the world seek to create and launch digital music
services, they rely on Loudeye's digital media operations center and global
digital media infrastructure to support the business," said JR Roedel, senior
director of the Information Lifecycle Management Solutions Group of
StorageTek(R). "In order to maximize their worldwide scalability, Loudeye
required a storage solution and strategy that could manage high volumes of
audio and video content to meet the needs of its global customers. We are
pleased to be their partner, and we congratulate them on being named to
InfoWorld's top 100."
Loudeye provides turnkey, privately branded digital music stores and services
for customers across 20 countries.
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 an extensive digital 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 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 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, , or Yasmeen Coning,
, both of mPRm Public Relations, +1-323-933-3399, for Loudeye
Corp.; or investor, Michael Dougherty of Loudeye Corp., +1-206-832-4000, or
Web site: http://www.loudeye.com/