Loudeye (NASDAQ:LOUD)
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Loudeye and Coca-Cola Relationship Strengthens With Further
Expansion in Europe
LONDON, July 19 /PRNewswire-FirstCall/ -- Loudeye Corp. (NASDAQ:LOUD), a
worldwide leader in business-to-business digital media solutions, today
announced the expansion of the mycokemusic branded music stores in Ireland and
Italy, as the relationship between the companies continues to grow.
This follows the launch of the UK mycokemusic site in January 2004, Austria in
May 2004 and Switzerland in July 2004.
The Republic of Ireland and Northern Ireland stores and the Italian store will
continue promotional activities for the site, as the digital music market
continues to become a key focus industry for brands worldwide.
Brid Drohan, Media & Activation Manager at Coca-Cola Ireland, said, "When the
mycokemusic site opened in the UK in January last year, it was heralded as the
first time a consumer goods brand moved into the digital music sector. The
launch of mycokemusic.com in Ireland demonstrates a long-term commitment by
Coca-Cola to offer consumers new and progressive ways to experience music."
Paul Smith, Sales Director for Loudeye UK & Ireland, said, "We're proud of the
deepening relationship between Loudeye and Coca-Cola through these new stores.
The digital music market is a booming industry at present and having a company
such as Coca-Cola involved is helping to bolster this market."
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. The forward-looking
statements in this release 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/. These
are among the primary risks we foresee at the present time. 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)7787 122 800, or
, both for Loudeye Corp.; or investors, Michael
Dougherty of Loudeye Corp., +1-206-832-4000, or
Web site: http://www.loudeye.com/