Loudeye Extends Overpeer Asset Protection and Promotion Services Into Europe
September 29 2004 - 4:05AM
PR Newswire (US)
Loudeye Extends Overpeer Asset Protection and Promotion Services
Into Europe Comprehensive Solution in Europe for Protecting Content
Owners Assets on World's Peer-to-Peer Networks BERLIN, Sept. 29
/PRNewswire-FirstCall/ -- Loudeye Corp. (NASDAQ:LOUD), a worldwide
leader in business-to-business digital media solutions, today
announced the immediate availability of its Overpeer asset
protection and promotion services in the European marketplace. As a
result, European content owners across the music, film/video, game
and software industries will have access to Loudeye's industry
leading and proven piracy protection services for prohibiting the
illegal distribution of copyrighted material on the world's
peer-to-peer networks. Overpeer services allow content owners to
protect the unauthorized distribution of their assets on
peer-to-peer networks. The services, which are available
immediately in Europe, include Overpeer Titanium, a service
featuring the industry's leading anti-piracy service level
agreement (SLA) guaranteeing 99% effectiveness in preventing the
illegal sharing of digital media across peer-to-peer networks.
Loudeye has built a solution to handle the tremendous levels of
content available and user traffic currently present on global
peer-to-peer protocols. Loudeye currently protects more than 60,000
digital entertainment titles and blocks hundreds of millions of
attempted downloads each month. "As we enter an important stage in
the legitimate distribution of digital media content, content
owners around the world face challenges in managing the illegal
distribution of their material across peer-to-peer networks," said
Marc Morgenstern, vice president and general manager of Loudeye's
asset protection and promotion business. "Our proprietary systems
and technology are designed to interdict illegal peer-to-peer
traffic, blocking illegal transmission of copyrighted material and
helping content owners take control of piracy. These systems have
been highly effective for our customers in the US and Asia, and
we're pleased that we are now launching the services in Europe
through OD2, our European subsidiary." Loudeye's Overpeer
technology integrates seamlessly and transparently into the world's
most popular distributed peer-to-peer networks -- which are
responsible for an estimated 90% of worldwide file sharing traffic.
The service is highly effective in protecting digital media files
from unauthorized distribution. Each month, Loudeye experiences 25
billion digital download hits against its servers, effectively
blocking the illicit distribution of copyrighted material across
200 million unique user sessions. The combination of Loudeye's
piracy protection services with Loudeye's OD2 services in Europe
provides content and distribution partners with a full suite of
tools for maximizing the return on their digital media investment.
European content partners can utilize Loudeye's services to protect
digital music, video, game and software, hinder unauthorized
distribution and reinforce the value of digital content through
strong promotional tools. Distribution partners benefit from the
potential conversion of millions of illegal transmissions into
legitimate sales through their stores and services. "The expansion
of our asset protection services into Europe underscores our
commitment to providing a complete range of solutions for content
and distribution partners around the world," said Charles
Grimsdale, president and general manager of Loudeye's international
business operations. "Billions of files are traded every month on
peer-to-peer networks, cutting into revenue for content owners and
legitimate digital media distribution stores and services. We look
forward to working with European content owners to protect their
content from rampant piracy and provide valuable data on the usage
of their content across peer-to-peer networks." Loudeye holds three
patents in Korea, one in Germany, and has four patents pending in
the U.S. for proprietary technology, systems and software related
to its digital media asset protection and promotion business.
Pricing and Availability Loudeye's asset protection and promotion
services are available immediately. For more information, including
pricing and a technical overview of Loudeye's asset protection and
promotion services, please contact Loudeye sales at +44 (0)207 082
0850 or email . 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 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 lower than anticipated
adoption of anti-piracy protection services in the European market;
possible adverse resolution of litigation involving Overpeer's
anti-piracy services; the completion of the development of the
platform; 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 or 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 these
forward-looking statements. DATASOURCE: Loudeye Corp. CONTACT: U.S.
media, Candice Yusim, , Karen DeMarco, , or Yasmeen Coning, all of
mPRm Public Relations, +1-323-933-3399, for Loudeye Corp.; or
Europe media, Simon Hill of Trimedia Communications UK, +44 (0)207
471 6826, or +44 (0)7776 251192, or , for Loudeye Corp.; or
investors, Michael Dougherty of Loudeye Corp., +1-206-832-4000, or
Web site: http://www.loudeye.com/
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