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``This is truly an historic moment for our company and for the digital music space as a whole,'' commented Michael Robertson, chairman and chief executive officer of MP3.com (www.mp3.com). ``The demand by digital artists and labels to use the Net to market and create revenue from music continues to astonish us. It's been a constant challenge building the necessary storage, royalty tracking, security, network and caching infrastructure to manage and deliver digital music content on such a global scale.''

As the content available on MP3.com has grown, so have the ways in which users can experience and access digital music. MP3.com offers a number of options for users to explore the over 500,000 songs representing hundreds of genres and sub-genres on the site. Users can create customized playlists utilizing the My.MP3.com personal music manager, access thousands of interactive radio stations at http://stations.mp3s.com, browse charts of songs ranked by popularity, listen to on-demand subscription music channels and purchase CDs which can be immediately accessed digitally through the company's DAM (Digital Audio Music) CD program.

``The music content on our site has doubled in just over eight months, a remarkable growth rate,'' Robertson continued. ``We appreciate those artists and labels who have entrusted MP3.com as part of their digital presence and we are committed to constantly improving our offerings to them.''

Valeo, an alternative digital artist, has a number of songs available for listening on MP3.com. Like all artists who post music on MP3.com, Valeo is eligible for the company's $1,000,000 per month Payback for Playback program, which pays artists based on the number of free promotional songs which are listened to by MP3.com users. Musicians interested in joining the MP3.com artist community can register free of charge at www.mp3.com/newartist.

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 500,000 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 may include references to activities expected to occur in connection with the number of artists that continue to post music and audio files to the MP3.com site, and the continued operation and viability of, the Payback for Playback, DAM CD and other programs offered by MP3.com for the benefit of artists on the MP3.com site. 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: the continued availability of songs and audio files posted by artists on the MP3.com site; MP3.com's litigation proceedings, including without limitation the inability to reach settlement with all parties to such litigation; 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, and its most recent report on Form 10-Q.

For more information, please contact: Greg Wilfahrt, Director of Public Relations of MP3.com, 858-623-7280, pr@mp3.com.

SOURCE: MP3.com, Inc.