Loudeye Powers Digital Music Store for Gizmondo
23 March 2005 - 7:05PM
PR Newswire (US)
Loudeye Powers Digital Music Store for Gizmondo LONDON, March 23
/PRNewswire-FirstCall/ -- Loudeye Corp. (NASDAQ:LOUD), a worldwide
leader in business to business digital media solutions, today
announced the launch of a customized digital music store for
Gizmondo which offers customers a wide range of digital music
tracks in the UK. Through the deal, Gizmondo offers their customers
over 450,000 tracks from over 12,000 artists direct through a
Gizmondo branded music store available at
http://www.gizmondomusic.com/. The Gizmondo digital music store
allows consumers to download high quality digital music with
individual tracks available for as little as 0.69p / euro 1.00
each, and albums priced starting at 6.99 pounds Sterling / euro
10.00. Carl Freer, Managing Director Gizmondo Europe, said: "This
agreement further strengthens our commitment to providing first
class entertainment to our customers as Loudeye's services
complement the other outstanding entertainment options we offer.
The Gizmondo is the most powerful, feature laden piece of
multi-entertainment hardware available." Philip Shepherd, Loudeye's
head of strategic partnerships EMEA, comments: "The Gizmondo
console looks set to bring in a whole new age in mobile
entertainment, and we're delighted that Gizmondo has chosen Loudeye
as its digital music partner of choice." 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. These
statements 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/. 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)7970 933 680, or
, both for Loudeye Corp.; or investors, Michael Dougherty of
Loudeye Corp., +1-206-832-4000, or ; or James Beavan of Indigo
Pearl Global Communications, +44 (0) 208 964 4545, or , for
Gizmondo Web site: http://www.gizmondomusic.com/ Web site:
http://www.loudeye.com/
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