Loudeye Deploys Coding Technologies aacPlus Into its Mobile Music Platform
Seattle and Mountain View, California (ots/PRNewswire)
- MPEG-4 aacPlus Provides High Quality Cross-Platform Support for PCs and Mobile Phones
Loudeye Corp. (Nasdaq: LOUD), a worldwide leader in business-to-business digital media solutions, and Coding Technologies announced today that Loudeye is deploying Coding Technologies MPEG-4 aacPlus audio format into its mobile music platform as an option for operators worldwide. By adding support for the high quality aacPlus audio format and OMA 2.0 digital rights management on PCs and mobile phones, the Loudeye mobile music platform will support an even wider number of mobile phones and devices.
Through a strategic collaboration with Nokia, the Loudeye mobile music platform will enable operators to launch music experiences for their consumers under the operator's brand. By licensing the aacPlus audio format from Coding Technologies, Loudeye helps operators offer their consumers access to music on both the handset and the PC.
"Our goal is to enable operators to deploy a mobile music service platform that can build incremental revenue and allow them to enhance branding throughout the entire music process," said Jonas Geust, vice president, Music, Nokia. "By working closely with Loudeye and leveraging Coding Technologies aacPlus, we can offer a dynamic service with the best technologies -- helping operators deliver compelling consumer music experiences."
Loudeye's mobile music platform is designed to allow users to browse, search, listen, and download either to the device or the user's PC, full length songs and RingTunes (MasterTones) using an operator branded music application on their mobile device. Customers can also use their personal computer and an operator customized PC client based on Microsoft Windows Media Player to access the music shop via the Internet. Additionally, users can synchronize their PC music collection with their mobile device.
"We are committed to ensuring our partners have access to a wide range of technologies and audio formats available for their consumer solutions," said David Hostetter, vice president of program management, Loudeye Corp. "The addition of aacPlus represents our commitment to integrating efficient formats into Loudeye's music platform so partners can ship cost effective solutions that meet the rising consumer demands."
"A unified experience is key across both mobile and PCs," said David Frerichs, vice president and US general manager, Coding Technologies. "By adding aacPlus and OMA 2.0 to a customized version of Windows Media Player, Nokia and Loudeye have ensured that customers can enjoy the same tracks at the same quality at work, at home, and on the go."
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 digital music archive, a broad catalog of licensed digital music 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.
About Coding Technologies
Coding Technologies provides the best audio compression for mobile, broadcasting, and Internet. SBR(TM) (Spectral Band Replication) from Coding Technologies and Parametric Stereo from Coding Technologies and Philips are backward and forward compatible methods to enhance the efficiency of any audio codec; putting the "Plus" in aacPlus. Products from Coding Technologies are fundamental enablers of open standards such as MPEG, 3GPP, Digital Radio Mondiale and DVB. Coding Technologies is a privately held company with offices in Sweden, Germany, and Silicon Valley. Founded in 1997 in Stockholm, the company later merged with a spin-off of the renowned Fraunhofer Institute in Germany, the inventor of MP3. Coding Technologies' customers include America Online, Ericsson, iBiquity Digital, KDDI, mmO2, Nokia, Qualcomm, RealNetworks, SK Telecom, Texas Instruments, Vodafone, and XM Satellite Radio.
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 www.sec.gov. Loudeye assumes no obligation to update the forward-looking statements.
Web site: http://www.loudeye.com
Contact:
media, Karen DeMarco of mPRm, +1-323-933-3399, or kdemarco@mprm.com,
or in Europe, Chris Owen of Trimedia Communications UK,
+44-0-207-471-6851, or +44-0-7970-933-680, chris.owen@trimediauk.com,
both for Loudeye Corp.; or investors, Mike Dougherty of Loudeye
Corp., +1-206-832-4000, or ir@loudeye.com