Loudeye Powers Digital Music Store for Portugal Telecom, Marking Expansion into Portuguese Market

Loudeye Powers Digital Music Store for Portugal Telecom, Marking
Expansion into Portuguese Market
Loudeye Now Powering Music Stores in 17 Countries Worldwide 


SEATTLE, Oct. 13  /PRNewswire-FirstCall/ -- Loudeye Corp. (NASDAQ:LOUD), a
worldwide leader in business-to-business digital media solutions, today
announced it was chosen by Portugal Telecom to power a privately branded
digital music download store for Portugal Telecom's SAPO Networks, Portugal's
leading Internet portal. The announcement marks the expansion of Loudeye and
its OD2 services into Portugal, extending its global reach across 17 countries.

Portugal Telecom is launching a new broadband entertainment channel on its SAPO
Networks, including a complete branded digital music store powered by Loudeye's
OD2 services.  The store, which is live today and available through
http://www.sapo.pt/, will feature music from all four major labels and many
independent labels.

"Today's launch of a new store on SAPO Networks represents the growing demand
for digital music worldwide and our ability to work closely in various regions,
languages and currencies to create a customized and highly compelling digital
music experience for our customers," said Charles Grimsdale, president and
general manager of Loudeye's international business operations. "Expanding into
Portugal by powering one the largest Internet portals in the country further
demonstrates the important role digital music can play in helping companies
drive incremental revenue opportunities, strengthen relationships and increase
brand recognition across their consumer base."

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; 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:  Karen DeMarco, , or Yasmeen Coning,

, both of mPRm Public Relations, for Loudeye Corp.

[phone]; or Simon Hill of Trimedia Communications UK,

[phone], or [phone], or ,

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





Web site:  http://www.sapo.pt/ 

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

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