Loudeye Named to 2004 InfoWorld 100 for IT Innovation in Digital Media
29 December 2004 - 5:37AM
PR Newswire (US)
Loudeye Named to 2004 InfoWorld 100 for IT Innovation in Digital
Media Loudeye Bolsters Its Digital Music Storage Capacity and
Global Delivery Efficiency and Is Recognized as One of the Top 100
IT Deployments of 2004 SEATTLE, Dec. 28 /PRNewswire-FirstCall/ --
Loudeye Corp. (NASDAQ:LOUD), a worldwide leader in
business-to-business digital media solutions, today announced it
was named to the InfoWorld 100 of 2004. Each year, InfoWorld's
editorial staff selects the InfoWorld 100 for companies' innovative
use of multiple technologies in the service of well-defined
business goals. Loudeye was honored by InfoWorld for the deployment
of StorageTek's information lifecycle management solutions, which
helped maximize the speed, efficiency and capacity of Loudeye's
global digital media processing, management and distribution
services. StorageTek's solutions helped Loudeye enhance its media
operations center through the deployment of next generation storage
infrastructure. Through its relationship with StorageTek, Loudeye
has added more than 200 terabytes of storage, enabling real-time
digital media encoding and significantly increasing the company's
total aggregate storage capacity. "InfoWorld recognizes Loudeye for
its innovative use of technology to significantly enhance its
business and service offering," stated Eric Knorr, executive
editor-at-large of InfoWorld. "Loudeye's implementation of
StorageTek's solution dramatically increases Loudeye's ability to
manage incredible volumes of rich media for its clients worldwide."
"We are honored to be recognized in the InfoWorld 100. Loudeye
strives to offer the best digital media solutions to companies
around the world, and is always looking to implement new
technologies that improve our customer service throughout each
channel," said Joe Baldini, Loudeye's vice president of IT.
"StorageTek offers innovative storage solutions that enhance our
ability to efficiently deliver content to global partners, helping
them come to market quickly in the rapidly evolving digital media
marketplace." "As companies around the world seek to create and
launch digital music services, they rely on Loudeye's digital media
operations center and global digital media infrastructure to
support the business," said JR Roedel, senior director of the
Information Lifecycle Management Solutions Group of StorageTek(R).
"In order to maximize their worldwide scalability, Loudeye required
a storage solution and strategy that could manage high volumes of
audio and video content to meet the needs of its global customers.
We are pleased to be their partner, and we congratulate them on
being named to InfoWorld's top 100." Loudeye provides turnkey,
privately branded digital music stores and services for customers
across 20 countries. 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 an extensive digital 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 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: media, Karen
DeMarco, , or Yasmeen Coning, , both of mPRm Public Relations,
+1-323-933-3399, for Loudeye Corp.; or investor, Michael Dougherty
of Loudeye Corp., +1-206-832-4000, or Web site:
http://www.loudeye.com/
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