Loudeye (NASDAQ:LOUD)
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Loudeye Powers Digital Music Store for Gizmondo
LONDON, March 23 /PRNewswire-FirstCall/ -- Loudeye Corp. (NASDAQ:LOUD), a
worldwide leader in business to business digital media solutions, today
announced the launch of a customized digital music store for Gizmondo which
offers customers a wide range of digital music tracks in the UK.
Through the deal, Gizmondo offers their customers over 450,000 tracks from over
12,000 artists direct through a Gizmondo branded music store available at
http://www.gizmondomusic.com/. The Gizmondo digital music store allows
consumers to download high quality digital music with individual tracks
available for as little as 0.69p / euro 1.00 each, and albums priced starting
at 6.99 pounds Sterling / euro 10.00.
Carl Freer, Managing Director Gizmondo Europe, said: "This agreement further
strengthens our commitment to providing first class entertainment to our
customers as Loudeye's services complement the other outstanding entertainment
options we offer. The Gizmondo is the most powerful, feature laden piece of
multi-entertainment hardware available."
Philip Shepherd, Loudeye's head of strategic partnerships EMEA, comments: "The
Gizmondo console looks set to bring in a whole new age in mobile entertainment,
and we're delighted that Gizmondo has chosen Loudeye as its digital music
partner of choice."
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/.
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 (U.S.), Karen DeMarco of mPRm Public Relations,
+1-323-933-3399, or , or media (Europe), Chris Owen of
Trimedia Communications UK, +44 (0)207 471 6851, or +44 (0)7970 933 680, or
, both for Loudeye Corp.; or investors,
Michael Dougherty of Loudeye Corp., +1-206-832-4000, or ; or
James Beavan of Indigo Pearl Global Communications, +44 (0) 208 964 4545, or
, for Gizmondo
Web site: http://www.gizmondomusic.com/
Web site: http://www.loudeye.com/