LOUD Loudeye

OD2 Announces Seven New Music Services Deals Loudeye's European Subsidiary OD2 Launching New Services for Partners in Ireland, Iceland, Holland and Australia; Expands Relationship with MSN and Coca-Cola LONDON, July 15 /PRNewswire-FirstCall/ -- Loudeye Corp. (NASDAQ:LOUD), the worldwide leader in business-to-business digital media solutions, today announced that its European subsidiary, OD2, the leading business-to-business European music download distributor, has launched with seven new retail partners and has expanded its current music services relationship with MSN and music promotional services with Coca-Cola. In related news today, OD2 announced a surge in activity across its retail partners in the second quarter ending June 30th. The surge was attributable to the launch of OD2's SonicSelector jukebox and the arrival of new companies in the European digital music market. During Q2, OD2 launched interactive music services for 7 new retail partners, specifically: * Ninemsn launched the "Music Club." Ninemsn is Australia's top web destination and the music service is OD2's first in the Asia Pacific region. * GWR launched the award winning "Hear it Buy it Burn it" service and is OD2's first Radio Station partner opening up a huge new sector to interactive music services. * Tonlist launched the MusicClub. Tonlist is Iceland's top web destination. * Ilse Media launched Download.nl. Ilse Media is a leading online retailer in Holland. * Packard Bell launched the "Music Station" in the UK, France & Germany. Packard Bell is part of NEC Corporation and is OD2's first consumer electronics manufacturing partner. * Oxfam: launched "Big Noise Music", the World's first charity music download service and OD2's first charity partner. * Eircom launched the "Music Club." Eircom is the largest telecom/ISP in the Republic of Ireland and the first retailer in the country to launch a legitimate music download site. OD2 also substantially increased activity with existing partners. In June, MSN extended its relationship with OD2 to cover three new European territories -- Germany, Belgium and Spain. MSN Music, which offers OD2's 'SonicSelector' technology, is already live in the UK, France and Italy, and the new agreement deepens the deal by making the service available online in Germany on June 14th, Belgium June 24th and in Spain later this summer. MSN is Europe's top web destination with 67.17m unique users. On July 1st Coca Cola Austria launched an "on pack" music download promotion which goes out on 30 million cans following the successful UK promotion run from March through May. "Today marks an important stage in the growth of the digital music market as we're seeing increased download volume across existing retail partners, the expansion of current partners' music deployments and the addition of several new customers across new geographic regions," said Charles Grimsdale, president and managing director of Loudeye's international business operations. "These events illustrate consumers' growing appetite for legitimate digital music downloads, and how this popularity translates into valuable promotional, branding and revenue opportunities for a wide range of companies." 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. 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: Europe, Simon Hill of Trimedia Communications UK, +44 (0)207 471 6826 or +44 (0)7776 251192, or , for Loudeye/OD2; or U.S., Karen DeMarco of mPRm, 323-933-3399, or , for Loudeye/OD2; or investors, Michael Dougherty of Loudeye Corp., +1-206-832-4000, or Web site: http://www.loudeye.com/

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