Panasonic Chooses Loudeye to Power End-to-End Music Download Service

Panasonic Chooses Loudeye to Power End-to-End Music Download
Service
Service Combines Next Generation Panasonic Music Devices with Customized
Branded Music Download Service Powered by Loudeye 


LONDON, July 28  /PRNewswire-FirstCall/ -- Loudeye Corp. (NASDAQ:LOUD), a
worldwide leader in business-to-business digital media solutions, today
announced it was chosen by Panasonic to create an end-to-end consumer digital
music download service under the Panasonic brand.

The new service, announced together with the launch of Panasonic's new MP3
players SVMP120 and SVMP110, means U.K. consumers will have one site where they
can buy hardware along with high quality legal digital music.

The on-line Panasonic music store http://www.panasonicmusicstream.com/ powered
by Loudeye combined with the next generation of Panasonic portable devices will
create a complete music experience for consumers.  To celebrate the launch of
the site, Panasonic will offer several promotional opportunities through the
site at http://www.panasonicmusicstream.com/.

John Dixon, General Manager Brand Communication at Panasonic, said of the deal,
"This is a tremendous new development we are offering our customers, and we were
determined to offer them the very best service available. Loudeye was the
natural choice for this collaboration and brought the expertise needed to
launch a compelling consumer offer under our brand that adds value to the
experience we are creating with our next generation of portable media devices."

Philip Shepherd, Loudeye Head of Strategic Partnerships for EMEA, said, "This
is a very exciting deal for us and breaks new ground for our partners, as one
of the largest consumer electronics companies in the world deploys a customized
music store on our platform. This service will offer the first complete
end-to-end service powered by Loudeye enabling consumers to buy both hardware
and legitimate downloads from the same site."

Panasonic -- a world leading manufacturer of consumer electronics

Panasonic is a brand name of Matsushita Electric Industrial Co. Founded in
1918, in Osaka, Japan, Matsushita has grown to be not only one of the world's
largest manufacturers of consumer and business electronics but also one of the
world's largest companies. Panasonic's vision is driven by the needs and
aspirations of its millions of consumers and business customers around the
world who use Panasonic products every day. As a result, the name Panasonic is
synonymous with innovation, quality, performance and ease of use.

Panasonic UK was established in 1972, with headquarters located in Bracknell,
Berkshire which is supported by a national Logistics Centre in Northampton. The
company currently employs more than 500 people in the UK. For further
information, visit http://www.panasonic.co.uk/

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:  Angela Baura of Panasonic, [phone], or

; or U.S., Karen DeMarco of mPRm Public

Relations, [phone], or , for Loudeye; or Europe,

Chris Owen of Trimedia Communications UK, [phone], or

[phone], or , for Loudeye; or investors,

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



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

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