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Technology Stocks : Liquid Audio Inc - (Nasdaq- LQID)

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To: R Hamilton who wrote (527)1/4/2000 10:26:00 AM
From: R Hamilton   of 674
 
where is everyone?? BIG NEWS:
AOL's Nullsoft Winamp and Liquid Audio Form Multi-Year Digital
Music Alliance

Integrated Music Delivery Systems to Offer Nullsoft Winamp Users Access To Liquid Audio's
Catalog of More Than 50,000 Secure, CD-Quality Internet Singles

DULLES, Va., and REDWOOD CITY, Calif., Jan. 4 /PRNewswire/ -- AOL's Nullsoft Winamp, creators of the popular
Winamp audio player and SHOUTcast, and Liquid Audio, Inc. (Nasdaq: LQID), a leading provider of software and services
for the Internet delivery of music, today announced a strategic multi-year alliance to integrate and cross-promote their music
delivery systems. Under terms of the deal, Liquid Audio will deliver music content as Liquid(TM) Tracks and mp3 files for
digital download on the AOL Nullsoft Winamp player and on AOL Spinner.com's new Playlist-To-Go feature. Liquid Audio
will also develop a Liquid(TM) Plug-in for the Winamp player that will be designed to offer the millions of Winamp users
access to Liquid Audio's full catalog of more than 50,000 secure digital downloads.

(Photo:NewsCom: newscom.com )

The Liquid Plug-in for Winamp will be designed to enable users of the AOL Winamp music player to preview, securely
purchase and download music from the more than 1,000 major and independent record labels distributed online by Liquid
Audio. The Liquid Plug-in will also bring the CD-quality sound, music lyrics, album liner notes and cover art of the Liquid(TM)
Player software to Winamp users, in addition to security, e-commerce, copyright management and rights reporting. The
companies will distribute the AOL Nullsoft Winamp player with the Liquid Plug-in on liquidaudio.com, as well as on both
spinner.com and winamp.com sites. In addition, Liquid Audio and Winamp will team up to encourage partner merchants to
promote and sell Liquid Downloads.

"We're delighted to be working with Liquid Audio to offer support for one of the most popular digital music delivery systems in
the marketplace," said Justin Frankel, founder of AOL's Nullsoft Winamp. "This alliance with Liquid Audio underscores both
companies' commitment to remaining format agnostic and providing users with the ability to play back and enjoy all types of
digital music."

"Liquid Audio provides the music content, secure digital delivery software and comprehensive distribution services that make it
safe and easy for consumers to buy music on the Internet," said Robert Flynn, senior vice president of business development at
Liquid Audio, Inc. "Liquid Audio's strategic alliance with AOL's Nullsoft Winamp enables the millions of Winamp users to
access the full catalog of Liquid Downloads."

Launched in January 1998, Winamp is the world's leading high-fidelity audio player, giving millions the ability to listen to digitally
downloaded music. Winamp supports Liquid Audio, mp3, CD, Audiosoft, Mjuice, MOD, WAV and other audio formats,
custom appearances, called skins, and audio visualization and audio effect plug-ins. The Winamp ( www.winamp.com ) and
SHOUTcast ( www.shoutcast.com ) brands and services were acquired by America Online, Inc. in May 1999, and merged
with Spinner.com. All three brands reside in San Francisco's Audio Alley and are an integral part of AOL's Interactive
Properties Group.

Liquid Audio, Inc. is a leading provider of software and services for the digital delivery of music over the Internet. The Liquid
Audio solution gives musicians, record labels, Web sites and music retailers the ability to publish, syndicate and securely sell
recorded music online with copy protection and copyright management. Using the Liquid(TM) Player software, available for
free download at www.liquidaudio.com, music fans can preview and purchase downloadable music from the more than 300
affiliate Web sites in the Liquid(TM) Music Network. Traded on Nasdaq under the symbol LQID, Liquid Audio is located in
Redwood City, California.

Certain of the above statements constitute forward-looking statements, which may involve risks and uncertainties. Actual results
could differ materially from such forward-looking statements as a result of a variety of factors, including, but not limited to,
technology changes, competitive developments, industry and market acceptance of new products and services, including the
Liquid Plug-in, and risk factors listed from time to time in AOL's and Liquid Audio's SEC filings.

NOTE: Liquid, Liquid Audio, Inc., Liquid Audio, the Liquid Audio logo, Liquifier and Liquid Music are trademarks of Liquid
Audio, Inc.

For more information about Liquid Audio software and services call 888-liquid-0 or visit liquidaudio.com .

For more information, press only: Anne Bentley, 703-265-2825, or Annebent@aol.com, or Kim Strop, 650-549-2194, or
kstrop@liquidaudio.com, both of Liquid Audio, Inc.

SOURCE: Liquid Audio, Inc.
CONTACT: Anne Bentley, 703-265-2825, or Annebent@aol.com, or Kim Strop, 650-549-2194, or kstrop@liquidaudio.com, both of
Liquid Audio, Inc.
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