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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC

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To: ztect who wrote ()11/12/1999 1:31:00 PM
From: Mary Baker   of 1150
 
ChangeMusic.com Launches MP3Hardware.com, A One-Stop Source for MP3 HardwareProducts, News and Reviews


Rare Medium Group Subsidiary Expands the ChangeMusic Network

NEW YORK, Nov. 12 /PRNewswire/ -- ChangeMusic.com, a subsidiary of Rare Medium Group Inc. (Nasdaq: RRRR), and one of the leading digital music companies, announced today the launch of a brand new web site that will focus on emerging portable hardware devices designed to play digital music files. The new site, MP3Hardware.com, can be directly accessed at mp3hardware.com or through changemusic.com.

The site reviews all the top MP3 portable players, including the Rio and Nomad, as well as reviews of CD-R devices and MiniDisc Players. The new MP3Hardware section will also offer users information on maximizing the sound quality of their MP3s, as well as a message board where interested parties can discuss, rate and debate the latest in MP3 hardware.

"The world of MP3 hardware is evolving at light speed," said Seth Tapper, president of ChangeMusic.com, Inc. "With the upcoming holiday season, dozens of great new devices are hitting the market and it is next to impossible for a consumer to keep up. We have a team of experts reviewing each new device that hits the market. At MP3Hardware.com we tell you what's hot, what works and what doesn't. There is no guide on the Web like it."

About The ChangeMusic Network

Launched in 1999, the ChangeMusic Network is dedicated to bridging the gap between the traditional brick and mortar music marketplace and the new online music marketspace. Through ChangeMusic.com and the ChangeMusic Network, artists, consumers and music industry digerati gain access to the content and services that are at the focal point of today's digital music revolution. The ChangeMusic Network is comprised of ChangeMusic.com, MP3Now.com, MP3Place.com, MP3Park.com, Findsongs.com and Customize.org.

About Rare Medium Group Inc.

Rare Medium Group Inc., through its wholly-owned subsidiary, Rare Medium Inc., provides Internet solutions and E-commerce strategies that improve business processes and develop branding strategies, marketing communications and interactive content to large and medium-sized companies in the financial, automotive, consumer service, retail, technology, entertainment and consumer goods industries, including Microsoft, The New York Times, Merrill Lynch, Epson and Hotel Reservations Network, among other leading companies. Rare Medium Inc., raremedium.com, employs more than 550 Internet professionals. Rare Medium Group Inc. also invests in companies that offer paradigm-shifting ideas to incubate and capitalize the next wave of blockbuster Internet companies, which are further supported by the services of its Internet development and solutions subsidiary. Rare Medium Group Inc., www.raremediumgroup.com, is headquartered in New York City with 12 additional offices throughout the United States, Canada and abroad.

Except for historical matters contained herein, the matters discussed in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these forward-looking statements reflect numerous assumptions and involve risks and uncertainties that may affect Rare Medium Group Inc. (Nasdaq: RRRR), and its subsidiaries' business and prospects and cause actual results to differ materially from these forward-looking statements. Among the factors that could cause actual results to differ are Rare Medium's limited operating history; competition; low barriers to entry; reliance on strategic relationships; rapid technological changes; inability to complete transactions on favorable terms and those risks discussed in the company's filings with the SEC.

SOURCE ChangeMusic.com, Inc.

CO: ChangeMusic.com, Inc.; Rare Medium Group Inc.

ST: New York

IN: ENT MLM

SU: PDT

11/12/1999 10:18 EST prnewswire.com
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