Loudeye Named to 2004 InfoWorld 100 for IT Innovation in Digital Media
Loudeye Named to 2004 InfoWorld 100 for IT Innovation in Digital Media Loudeye Bolsters Its Digital Music Storage Capacity and Global Delivery Efficiency and Is Recognized as One of the Top 100 IT Deployments of 2004 SEATTLE, Dec. 28 /PRNewswire-FirstCall/ -- Loudeye Corp. (NASDAQ:LOUD), a worldwide leader in business-to-business digital media solutions, today announced it was named to the InfoWorld 100 of 2004. Each year, InfoWorld's editorial staff selects the InfoWorld 100 for companies' innovative use of multiple technologies in the service of well-defined business goals. Loudeye was honored by InfoWorld for the deployment of StorageTek's information lifecycle management solutions, which helped maximize the speed, efficiency and capacity of Loudeye's global digital media processing, management and distribution services. StorageTek's solutions helped Loudeye enhance its media operations center through the deployment of next generation storage infrastructure. Through its relationship with StorageTek, Loudeye has added more than 200 terabytes of storage, enabling real-time digital media encoding and significantly increasing the company's total aggregate storage capacity. "InfoWorld recognizes Loudeye for its innovative use of technology to significantly enhance its business and service offering," stated Eric Knorr, executive editor-at-large of InfoWorld. "Loudeye's implementation of StorageTek's solution dramatically increases Loudeye's ability to manage incredible volumes of rich media for its clients worldwide." "We are honored to be recognized in the InfoWorld 100. Loudeye strives to offer the best digital media solutions to companies around the world, and is always looking to implement new technologies that improve our customer service throughout each channel," said Joe Baldini, Loudeye's vice president of IT. "StorageTek offers innovative storage solutions that enhance our ability to efficiently deliver content to global partners, helping them come to market quickly in the rapidly evolving digital media marketplace." "As companies around the world seek to create and launch digital music services, they rely on Loudeye's digital media operations center and global digital media infrastructure to support the business," said JR Roedel, senior director of the Information Lifecycle Management Solutions Group of StorageTek(R). "In order to maximize their worldwide scalability, Loudeye required a storage solution and strategy that could manage high volumes of audio and video content to meet the needs of its global customers. We are pleased to be their partner, and we congratulate them on being named to InfoWorld's top 100." Loudeye provides turnkey, privately branded digital music stores and services for customers across 20 countries. 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 an extensive digital 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 the 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 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. Source: Loudeye Corp. CONTACT: media, Karen DeMarco, kdemarco@mprm.com, or Yasmeen Coning, yconing@mprm.com, both of mPRm Public Relations, +1-323-933-3399, for Loudeye Corp.; or investor, Michael Dougherty of Loudeye Corp., +1-206-832-4000, or ir@loudeye.com Web site: http://www.loudeye.com/ ------- Profile: International Entertainment
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