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LOUD Loudeye

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Loudeye NASDAQ:LOUD NASDAQ Common Stock
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Loudeye Powers Digital Music Store for Leading Polish Internet Portal Onet.pl

28/02/2005 8:05am

PR Newswire (US)


Loudeye (NASDAQ:LOUD)
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Loudeye Powers Digital Music Store for Leading Polish Internet Portal Onet.pl First Store in Poland Powered by Loudeye's OD2 Services LONDON, Feb. 28 /PRNewswire-FirstCall/ -- Loudeye Corp. (NASDAQ:LOUD), a worldwide leader in business-to-business digital media solutions, today announced the first digital music store in Poland powered by its OD2 services through the launch of a branded music store for leading Polish Internet portal Onet.pl. Loudeye currently operates digital music stores and services in more than 20 countries. The Onet.pl music store is available at http://plejer.onet.pl/ and includes both independent and major label music content. Onet.pl features over 200 different services and is one of the largest Internet portals in Europe. Mariusz Biedrzycki, director of marketing communications at Onet.pl said: "Our partnership with Loudeye's OD2 services allowed us to launch a world class music experience designed for all fans, regardless of their age and preferred type of music. We believe this will be a breakthrough in the distribution of legal music distribution in the Polish market and help Polish music fans connect with the music they love." Philip Shepherd, Loudeye's business development manager in Europe said: "The launch of the music site for Onet.pl reflects the increasing interest among brand and portal companies in using music experiences to deepen brand affinity, strengthen consumer retention and open up new revenue streams." 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 press release contains forward-looking information within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on current estimates and actual results may differ materially due to risks, including completion of country store launches and accompanying platform development; possibility of adverse changes in the markets for distribution of digital music that Loudeye and its OD2 services target; 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: In Europe, media, Simon Hill, Trimedia Communications UK, +44 (0)207 471 6826, or +44 (0)7776 251192, or , for Loudeye Corp.; or in the U.S., media, Karen DeMarco of mPRm, +1-323-933-3399, or , for Loudeye Corp.; or investors, Michael Dougherty of Loudeye Corp., +1-206-832-4000, Web site: http://plejer.onet.pl/ Web site: http://www.loudeye.com/

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