LOUD Loudeye

Loudeye Surpasses Key Milestone Serving One Billion Music Samples and Tracks Over the Last Year Loudeye Delivers One Billion Music Samples and 14 Million Digital Music Tracks to Its Business Partners over the Last 12 Months SEATTLE, May 20 /PRNewswire-FirstCall/ -- Loudeye Corp. , a worldwide leader in business-to-business digital media solutions, today announced record operating milestones, marking an increasing demand for Loudeye's digital media services and reinforcing Loudeye's leadership position in the global digital media marketplace. Operational milestones include: -- Over the last 12 months, Loudeye served one billion music samples for its licensed music distribution partners. This represents approximately 250,000 more music samples delivered per day than in the previous 12 months. -- Over the last 12 months, Loudeye delivered approximately 14 million digital music tracks to its licensed music distribution partners. This represents a 223% increase in the number of tracks delivered compared to the previous 12 months. -- Loudeye also grew its digital music repository to over 4.5 million full song tracks, an increase of more than one million songs compared to the repository's size this time last year. Loudeye operates the world's largest commercially licensed digital music repository. -- Recent investments in Loudeye's media operations center have increased Loudeye's production capacity from a rate of 490,000 digital music files a week to approximately 4.2 million files a week, or 25,000 an hour. Production capacity refers to the speed at which Loudeye can ingest content and deliver a digital output. "As a result of recent investments in our media operations center we're delivering digital media to partners around the world on a massive scale. These key milestones represent a solid foundation for continued growth as more companies and major brands enter the legitimate digital media space and content owners from around the world embrace digital distribution," said John Martin, Loudeye's executive vice president of technology and development. "This increased production activity indicates a growing demand for our end-to-end digital media solutions from companies looking to come to market quickly with the strongest possible offering. Our turnkey digital media application services, including our MusicStore and iRadio products announced at the end of 2003, are expected to play a significant role in our business this year as we power more music stores for our partners and continue our goal of growing the digital music marketplace." About Loudeye Corp. Loudeye is the 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 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, including statements about the growth of Loudeye's business including operating metrics over the last 12 months; statements regarding growth and usage trends for digital music and demand for outsourced services; and statements made by Loudeye's executive vice president of technology and development in this release. These statements are based on Loudeye's opinion of current trends and actual results may differ materially due to risks, including adverse changes or a slow down in the adoption of digital music and outsourced services in the markets Loudeye serves; the loss of any key customers; the failure to continue to maintain or develop new copyright licenses to deliver current and future services; the failure or loss of service of Loudeye's technological infrastructure; the complexity of Loudeye's services and delivery networks; 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 of mPRm Public Relations, +1-323-933-3399, or , for Loudeye Corp.; or investors, Mike Dougherty of Loudeye Corp., +1-206-832-4000, or Web site: http://www.loudeye.com/

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