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Loudeye Corp.

CD WOW! Moves into Digital Music With Launch of Loudeye-Powered Online Music Store

London (ots/PRNewswire)

Loudeye Corp. (Nasdaq: LOUD), a
worldwide leader in business to business digital media solutions,
today announced the launch of a digital music store for CD WOW!, a
leading online retailer of CDs, DVDs, consumer electronics and games.
The CD WOW! music store allows consumers to find and discover
music through CD WOW!'s chart-based organizational system that's made
CD WOW! a popular online destination for CD purchases. The chart
based architecture helps consumers quickly identify the most popular
tracks in various categories, while still being able to search the
entire catalog as desired.
The CD WOW! site will offer music downloads alongside traditional
CD formats and will also offer a range of portable music devices
compatible with the CD WOW! music store.
Philip Robinson, founder of CD WOW!, said, "Our ethos is to
provide our customers with a 'Best Value Always' promise with the
highest quality customer service and our partnership with Loudeye
reflects this ethic. Loudeye's ability to rapidly launch the music
store was also key in our decision to choose them as our provider for
the service."
Philip Shepherd, Loudeye's head of strategic partnerships, EMEA,
said, "We are delighted CD WOW! has chosen us for their digital music
needs. The music downloading marketing is proliferating and maturing
rapidly and the more brands offering services, the wider the choice
for consumers. The launch of CD WOW!'s music store highlights how
existing retail companies can rapidly expand their existing business
to include digital music downloads using Loudeye's services."
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.
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:

Karen DeMarco of mPRm Public Relations, +1-323-933-3399, or
kdemarco@mprm.com, or Europe, Chris Owen of Trimedia Communications
UK, +44(0)207-471-6851, or +44(0)7970-933-680, or
chris.owen@trimediauk.com, both for Loudeye Corp.; or investors,
Michael Dougherty of Loudeye Corp., +1-206-832-4000, or
ir@loudeye.com

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