INFORMATION MEMO:
For Further Information Contact:
Dian Griesel, Ph.D. / Juan Dominguez The Investor Relations Group, N.Y. N.Y. (212) 736-2650 TheProTeam@aol.com
Brian Allodi, General Manager, Internet Products & Services (425) 313-3429; briana@midisoft.com
recordLab.com(tm) CEO to Appear on CNBC "Tech Watch"
Appearance Scheduled for Friday 10/22/99 at 11:30am EST.
Issaquah, Washington, October 22, 1999 - recordLab.com (formerly Midisoft Corporation) the music technology pioneer will appear on the popular "Tech Watch" segment of CNBC hosted daily by Rene San Miguel at 11:30am EST, this morning. This show typically spotlights companies with emerging technologies and attempts to identify new industry trends.
CNBC has an estimated penetration into 75 million homes in the United States and 150 million homes worldwide.
ABOUT RECORDLAB.COM recordLab.com (formerly Midisoft Corporation) is a music technology pioneer and a recognized leader of innovative applications for the control and use of music and sound on personal computers and the Internet. The Company develops and sells music creation software for musicians to compose, edit and record music and print engraver-quality sheet music under the recordLab and Midisoft brands, and also develops and markets sound and media management products for users to conveniently access Internet content, sound controls and media files directly from their desktops. The Company estimated the number of amateur musicians from NAMM's report that one-quarter of the U.S. population are amateur musicians and the U.S. Bureau of Census reports that the U.S. population is 270 million. For further information, please contact Brian Allodi, General Manager, Internet Products & Services (briana@midisoft.com) at (425) 313-3429.
Midisoft is a registered trademark of Midisoft Corporation. All other names mentioned are trademarks of their respective companies. All statements in this press release other than statements of historical fact are forward-looking statements that involve risks and uncertainties. There can be no assurance that the Company's plans will be realized, that revenues will increase or that the Company's operations will improve. Reference is made to Midisoft's Annual Report on Form 10-KSB for the year ended December 31, 1998 and to the Company's other reports filed with the Securities and Exchange Commission for a discussion of such risks and uncertainties and other factors that may have a material effect on the Company's business. Revenues from the Company's Internet operations will depend largely on the widespread acceptance and use of the Internet as a source of music creation capabilities and as a method of music distribution and education and in general as a vehicle for commerce in goods and services. The success of the Company will also depend in part on the development and maintenance of the Web and Internet infrastructure, such as a reliable network backbone with the necessary speed, data capacity and security, and timely development of complementary products such as high speed modems, for providing reliable Web access and services.
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