Loudeye Powers Its First Digital Music Store in Enlarged European Union
Seattle (ots/PRNewswire)
- Mobitel Launches Zabavaj.se Music Site in Slovenia Powered by Loudeye's OD2 Services
Loudeye Corp. (Nasdaq: LOUD), a worldwide leader in business-to-business digital media solutions, today announced the entry of its digital media services into the enlarged European Union through the launch of Mobitel's Zabavaj.se music store in Slovenia. Mobitel is a leading mobile operator in Slovenia.
The music store marks the 19th country in which Loudeye provides digital media services.
Loudeye's OD2 services built a complete, custom-branded store for the launch of Zabavaj.se. The site utilizes Microsoft's Windows Media Audio format and digital rights management (DRM) to ensure high sound quality and security. Mobitel's Zabavaj.se music store was designed to be a user-friendly storefront with quick access to new releases, extensive music samples, clear guidelines on the usage of downloaded music and an intuitive "Dr. Download" help section, among other features.
"We are very excited about the launch of Zabavaj.se amid a growing consumer interest across Slovenia for access to high quality, legal downloads," said Tomi Sefman, head of Mobitel's subsidiary Planet 9. "OD2 was an indispensable asset in helping us launch this store with a compelling interface and content catalog that we believe creates an attractive offer to music fans in Slovenia and also strengthens Mobitel's position as one of the technologically most advanced operators in region."
"Mobitel's music store launch signals further geographic extension of our services as we power our first store in Slovenia," said Charles Grimsdale, president and general manager of Loudeye's international business operations. "By providing turnkey, privately-branded digital music stores we can help a range of companies, including portals and other Websites with high volumes of traffic, differentiate themselves in the market and enhance their branding through digital media service offerings."
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 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 adverse changes in the market for distribution of digital music that Loudeye's OD2 services target, in particular in new markets; potential delays in store launch; loss of digital distribution rights from any major label; 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 and its OD2 products and services; 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 www.sec.gov . Loudeye assumes no obligation to update the forward-looking statements.
Web site: http://www.Zabavaj.se
Web site: http://www.loudeye.com
Contact:
media, (U.S.), Karen DeMarco, +1-323-933-3399, or kdemarco@mprm.com,
or Yasmeen Coning, +1-323-933-3399, or yconing@mprm.com, both of mPRm
Public Relations, for Loudeye Corp.; or media (Europe), Simon Hill of
Trimedia Communications UK, +44 (0) 207-471-6826, or +44 (0)
7776-251192, or simon.hill@trimediauk.com, for Loudeye Corp.; or
investors, Michael Dougherty of Loudeye Corp., +1-206-832-4000, or
ir@loudeye.com /FCMN Contact: glee@mprm.com