Loudeye Granted Patent for Digital Encoding Technologies

Loudeye Granted Patent for Digital Encoding Technologies

SEATTLE, June 20 /PRNewswire-FirstCall/ -- Loudeye Corp. (NASDAQ:LOUD), a worldwide leader in business-to-business digital media solutions, today announced that it has been granted U.S. Patent Number 6,873,877 B1 entitled Distributed Production System for Digitally Encoding Information.

The patent covers, among other things, a method and system for encoding digital information.

"This patent is an important addition to our intellectual property portfolio and is a sign of our commitment to developing leading edge technologies and processes for our customers," said Ron Stevens, Loudeye's chief operating officer and chief financial officer.

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 feasibility of new technologies; adverse or uncertain legal developments with respect to the patent; 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. These are among the primary risks we foresee at the present time. Loudeye assumes no obligation to update these forward-looking statements.

Source: Loudeye Corp.

CONTACT: media, Karen DeMarco of mPRm Public Relations, +1-323-933-3399, or kdemarco@mprm.com, for Loudeye Corp.; or investors, Michael Dougherty of Loudeye Corp., +1-206-832-4000, or ir@loudeye.com

Web site: http://www.loudeye.com/

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