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Technology Stocks : CDbeat.com (CDBT)

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To: CDbeat.com who wrote ()11/2/1999 9:19:00 AM
From: CDbeat.com   of 7
 
CDbeat.com Virtual Fan Clubs Launched

New Technology Forever Changes the Way We Listen to Music CDs

STAMFORD, Conn., Aug. 25 /PRNewswire/ -- CDbeat.com, Inc. (OTC Bulletin Board: CDBT - news) today announced the launch of Virtual Fan Clubs for more than 20 popular music artists. Initial artists supported by CDbeat include Hanson, Backstreet Boys, Garth Brooks, Shania Twain, Rod Stewart, Mariah Carey, TLC, Michael Jackson, Phish, Julio Iglesias, Madonna, Elton John, U2, Chet Atkins, Led Zeppelin, Duran Duran, David Bowie, The Doors, The Moffatts and The Beatles. CDbeat.com expects to support an additional four hundred Virtual Fan Clubs within the next 12 months.

Music listeners access the new CDbeat Virtual Fan Clubs by downloading free software from cdbeat.com. Then, when an ordinary music CD is inserted into their computer, the music listener is instantly connected to CDbeat's Virtual Fan Club for that artist.

``CDbeat's new Virtual Fan Clubs will revolutionize the way people use music CDs,' said Joel Arberman, CEO of CDbeat.com, Inc. ``Our free software allows a music fan to insert an ordinary music CD created by any number of popular artists and instantly receive news, information, reviews, pictures, message boards and live chat rooms related to that artist. CDbeat offers a truly unique entertainment experience for the millions of people that currently play music CDs on their personal computers.'

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements relating to future performance, technology and product development that may impact future results and the future viability of the company. Actual results could be affected or differ materially from those projected in the forward-looking statements as a result of risk factors such as: future products and results; management of potential growth; risk of system interruption; technological shifts; potential technical difficulties that could delay new products; competition; general economic conditions in the markets in which the company operates; the ability of the company, its customers, and suppliers to become Year 2000 compliant; pricing pressures; and the uncertainty of market acceptance of new products by OEM's and end-user customers. More information about factors that potentially could affect CDbeat.com's financial results is included in CDbeat.com's filings with the Securities and Exchange Commission.

CDbeat, CDbeat.com, CDbeat Entertainment Center, Virtual Fan Clubs and VFC are either registered trademarks or trademarks of CDbeat.com, Inc., or its affiliates. All other names mentioned herein may be trademarks of their respective owners.
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