Loudeye (NASDAQ:LOUD)
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Loudeye Powers Digital Music Store for Swiss Retailer Migros
Electronics
Loudeye's OD2 Services Launch Customized Music Store in Three Languages
SEATTLE and COLOGNE, Germany, Feb. 7 /PRNewswire-FirstCall/ -- Loudeye Corp.
(NASDAQ:LOUD), a worldwide leader in business-to-business digital media
solutions, today announced its OD2 services have launched a customized digital
music store for Migros Electronics in Switzerland. Migros Electronics is one
of Switzerland's largest retailers offering a wide variety of products ranging
from food and electronics to home furniture and cosmetics.
The new music site, which is live today at http://www.i-m.ch/, provides access
to hundreds of thousands of songs across a wide range of musical genres. Songs
on the Migros Electronic site use the Windows Media Audio format, which is
compatible with more than 70 portable music devices.
"As one of the largest retailers in Switzerland, Migros Electronics has strong
branding and market visibility which may be enhanced through the launch of
customized music services," said Anke Fleischer, managing director of Loudeye's
OD2 services in Germany. "We completed the development phase of the Migros
Electronics music store in approximately 2 months. This short development
period demonstrates the flexibility and scalability of Loudeye's OD2 services."
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: Media/Public Relations (Europe), Nicola Wesselburg, Faktor 3,
49(0)40 679446-36, or , or Media/Public Relations
(U.S), Karen DeMarco of mPRm, +1-323-933-3399, or , both for
Loudeye Corp.; or Investor Relations, Michael Dougherty of Loudeye Corp.,
+1-206-832-4000, or
Web site: http://www.i-m.ch/
Web site: http://www.loudeye.com/