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MP3.com Creates New Revenue Opportunities For Hardware and Software Developers |
| SAN DIEGO, June 20
/PRNewswire/ -- MP3.com, Inc. (Nasdaq: MPPP), the Internet's premier Music Service
Provider (MSP), will unveil its new MSP Platform 1.0 at today's MP3 Summit 2000, in San
Diego. The Platform will allow the company's MSP Partners to generate increased revenues
by offering customers a suite of personalized music content and services. MSP Platform 1.0 is a set of products and technologies that allow for the delivery of music and music-related services that create new revenue streams for companies. MP3.com MSP Partners are able to capitalize on a wealth of tools and utilities that extend music services directly to their customers via both hardware and software. MP3.com (www.mp3.com) music services include built-in security, access to statistical data, targeted marketing opportunities, digital rights payment systems and others. In addition, MP3.com partner companies can utilize MSP Platform 1.0 to design, develop and manufacture the next generation of PC and PC-free products and services that will enable the delivery of digital music to consumers, anytime and anywhere. ``The MSP Platform 1.0 powers our partners' music solutions by providing content and services while creating new revenue opportunities,'' said Michael Robertson, chairman and chief executive officer of MP3.com. ``This platform lays the groundwork for the delivery of music as a service. By giving our partners access to MP3.com's massive, cutting-edge music technology infrastructure, we are providing the tools and services which will allow them to deliver music to a global audience and to grab a piece of the music services business.'' One MSP Partner that will be demonstrating state-of-the-art digital music technology at the MP3 Summit 2000 is Panja. Tom Hite, vice president and general manager of Panja states, ``By integrating MP3.com's MSP Platform 1.0 into our Panja 1000 we have expanded the scope of content and services that we offer our customers. Our Panja 1000, which allows customers to listen to any music content streamed from the Internet on their home entertainment systems, is a great example of the kind of next-generation technology that the MSP Platform makes possible.'' The MSP Platform 1.0 is structured to provide the company's partners with five major components. First, ``MSP Content'' consists of the vast storehouse of digital music and information available on the MP3.com web site. Second, ``MSP Co-Brand'' gives partners the ability to leverage the company's My.MP3.com music manager in a co-branded environment. The ``Instant Listening'' Program empowers MP3.com's online and offline retail partners to provide customers with instant digital access to purchased music. ``Beam-It'' allows MSP partners to provide their customers with online access to CDs via software and hardware devices. And the final component in MSP Platform 1.0 is the flexible ``MSP API'' programming interface, with allows for the delivery of personalized music and services to devices, applications and web sites with a custom interface. Over 20 MSP Partners have joined with MP3.com to expand the company's strategy for delivering online digital music to listeners anytime and anywhere. Many of these companies will be demonstrating products and technologies at the MP3 Summit. Webcast live to a global audience at www.mp3summit.com, the MP3 Summit 2000 will allow music fans all over the world to get a first-hand look at the rapid evolution of the online digital music space. EntryPoint Inc., for example, has integrated the My.Mp3.com service into a desktop application, which fits their users' music collections, MP3.com content and the entire Internet into a one-inch toolbar. Wurlitzer (Fun e-Business), another MSP partner, is displaying their retro-style, web-enabled digital jukebox which contains a music library of up to 10,000 songs. XYSTOS, meanwhile, will showcase personalized access to MP3.com digital music services through ``sweat tops'' on exercycles and treadmills. Device manufacturers, technologists and other companies interested in integrating MSP products and services can contact partnersmsp@mp3.com for more information. To receive MP3.com press releases via e-mail, register at: pr.mp3.com. About MP3.com MP3.com is pioneering a revolutionary approach to the promotion and distribution of music. MP3.com uses the Internet and file formats that make music files smaller to enable a growing number of artists to distribute and promote their music worldwide and to enable consumers to conveniently access this expanding music catalog. MP3.com's site contains over 469,000 songs and audio files from more than 74,000 artists. MP3.com believes this represents one of the largest collections of digital music to be found on the Internet. Consumers can search for, listen to and download music free of charge. In addition, MP3.com is recognized as the premier online Music Service Provider (MSP) which allows users to access, manage, and listen to their personal music collection anytime and anywhere in the world, using any web-enabled device or application. MP3.com shares are traded on the Nasdaq National Market under the ticker symbol MPPP. The company is based in San Diego, California. For more information on MP3.com, visit www.mp3.com. Statements in this press release that are not strictly historical are forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include references to activities expected to occur in connection with the integration, fulfillment and operation of MP3.com's MSP program and services. These statements involve a high degree of risk and uncertainty, are only predictions, and actual events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include risks related to: MP3.com's litigation proceedings including without limitation the inability to reach settlement with all parties to such litigation; risks associated with implementation of the MSP Platform 1.0 and related MSP products and services, MP3.com's new and uncertain business model; acceptance of MP3.com's products and services; MP3.com's limited operating history, and MP3.com's rapid growth, as well as other risks detailed from time-to-time in MP3.com's reports to the Securities and Exchange Commission, including its report on Form 10-K for the year ended December 31, 1999. For more information, please contact Greg Wilfahrt, Director of Public Relations of MP3.com, 858-623-7280, pr@mp3.com. SOURCE: MP3.com |
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