This is terrific why....... because EDIG and LQID have a pre-existing relationship and agreement ... :) :)
e.Digital Corp. and Liquid Audio SignLicensing Agreement
July 20, 1999 09:29 AM
SAN DIEGO--(BUSINESS WIRE)--July 20, 1999--e.Digital Corp. EDIG announced
today that it has signed an agreement to license Liquid Audio's LQID secure portable
player platform (SP3) for use in its secure Internet music player design which features
e.Digital's MicroOS(TM) operating system, DSP technology from Texas Instruments
TXN , and the Lucent Technologies LU EPAC music codec.
SP3 is a comprehensive software solution for building interoperable, secure, portable
music devices. SP3-based devices deliver an improved consumer experience and
support the playback of music in many leading formats. The design will be provided to
OEM manufacturers as the basis of their branded, secure music players.
Fred Falk, president and chief executive officer of e.Digital, stated, "e.Digital and its
technology partners are developing the first non-MP3 Internet music player and this
agreement with Liquid Audio further strengthens our position as the next-generation
device for downloadable music. The addition of Liquid Audio's security measures help
ensure that our SDMI-compliant player will support all secure music formats. The
consumer will enjoy the entire experience of downloading and playing music, and the
artists and retailers will enjoy adequate and thorough protection from music piracy every
step of the way." He continued, "e.Digital and Liquid Audio, along with Lucent and
Texas Instruments, have been very closely involved in the SDMI, and have combined
products and leveraged their strengths in various technologies to create a complete,
secure portable design."
Liquid Audio is a leading provider of services and software for the digital delivery of
music over the Internet. Liquid Audio's software, including SP3, enables record labels
and music retailers to safely leverage the Internet to promote and sell music to
consumers downloading high-quality music and enjoying it in secure portable music
players. Together Liquid Audio and e.Digital are creating the first design that meets the
requirements of both consumers and the music industry-it supports many leading music
formats and enables interoperability among a range of music devices.
Gary Johnson, DSP Audio Manager at Texas Instruments, and a founding member of
SDMI, said, "TI is truly excited about the collaboration between e.Digital and Liquid
Audio to create a secure portable digital music system for use with TI's DSP. TI offers
the ideal low-power, high-performance DSP that efficiently supports all compression
and security software of manufacturers and technology providers, such as e.Digital and
Liquid Audio."
The device design will meet all the industry standard guidelines established by the Secure
Digital Music Initiative (SDMI) to stop the unauthorized copying and downloading of
music off the Internet by building security measures such as encryption and decryption
into compact discs, electronic music distribution (EMD) systems, personal computer
hosts and portable players.
Liquid Audio's SP3 software is an openly-licensable solution that improves the consumer
experience and enables interoperability among secure portable music devices. Users of
the design will also be able to take advantage of Liquid Audio's Liquid Player software
to manage their downloaded music collections, prepare play lists and transfer music to
CD-Rom.
e.Digital Corp. offers an engineering partnership for the world's leading electronics
companies to link portable digital devices to PCs and the Internet. Engineering services
range from the licensing of e.Digital's multi-patented MicroOS(TM) file management
system to custom software and hardware development, design and manufacturing
services. For more information on the company, visit www.edig.com.
Located in Redwood City, Calif., Liquid Audio provides services and software 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 create, syndicate and sell
recorded music online. Liquid Audio enables artists and record companies to promote
and securely sell their music with copy protection and copyright management through the
Liquid Music Network of 200 Web site affiliates. Using the Liquid(TM) Player
software, available for free download at www.liquidaudio.com, consumers visiting these
Web sites can preview and purchase songs from a growing catalog of syndicated music.
Texas Instruments Incorporated is a global semiconductor company and the world's
leading designer and supplier of digital signal processing solutions, the engines driving the
digitization of electronics. Headquartered in Dallas, the company's businesses also
include materials and controls, educational and productivity solutions, and digital imaging.
The company has manufacturing or sales operations in more than 25 countries. Texas
Instruments is traded on the New York Stock Exchange under the symbol TXN. More
information is located on the World Wide Web at ti.com
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 on 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; 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.
Note to Editors: MicroOS is a trademark of e.Digital Corp. Liquid, Liquid Audio Inc.,
Liquid Audio, the Liquid Audio logo, SP3, Liquifier and Liquid Music are trademarks of
Liquid Audio Inc. Lucent Technologies, Lucent, and EPAC are trademarks of Lucent
Technologies. All other company, product or service names are the property of their
respective owners.
Wednesday August 25, 8:30 am Eastern Time
Company Press Release
SOURCE: Liquid Audio, Inc.
New Liquid System 5.0 Lets Fans Access the Most Music Downloads From One
Player; Preview Release Now Available With Multi-Format Support Including MP3
Thousands of Musicians, Labels, Retail Music Sites and Consumer Electronics
Companies Now Using Liquid Audio's Delivery System to Digitally Distribute Music
Over the Internet
REDWOOD CITY, Calif., Aug. 25 /PRNewswire/ -- Liquid Audio, Inc., (Nasdaq:
LQID - news) a leading provider of software and services for the Internet delivery of
music, today announced Liquid(TM) System 5.0 software, a major upgrade to its
end-to-end solution for digital distribution. Liquid System 5.0, which includes
Liquid(TM) Server 5.0, Liquifier(TM) Pro 5.0 and Liquid(TM) Player 5.0, supports all
leading digital music standards, including mp3, Secure Digital Music Initiative (SDMI),
RealNetworks, Dolby Digital and Advanced Audio Compression (AAC). As a result,
music fans can access the widest selection of digital downloads from one integrated
player. A preview release of Liquid Player 5.0 with multi-format support, including mp3,
is now available.
(Photo: newscom.com )
Thousands of musicians, record labels, retail music sites and consumer electronics
companies are now using Liquid Audio's music delivery system to distribute both mp3s
and Liquid(TM) Tracks via the newly-upgraded Liquid Music Network. This includes a
new showcase of free promotional mp3s by such featured artists as Los Lobos,
Powerman 5000, Jethro Tull, Buckcherry, Blinker The Star, Dub Pistols and Linda
Perry -- as well as more than 20,000 secure songs for sale.
* The more than 500 labels using Liquid Audio include: Alligator, Almo
Sounds, Arista Records, Atlantic Records, Bad Boy Entertainment,
Beggar's Banquet, BMG 's and Universal's getmusic.com, Capitol Records,
Dreamworks Records, Elektra Records, EMI Recorded Music, Epitonic, Fuel
2000, Hollywood Records, Interscope Records, Mammoth Records, MCA
Records, Mojo Records, RCA Records, Rockstar Records, Rounder Records,
Tuff Gong/Lightyear, Universal Records, Verve Music Group, V2, Virgin
Entertainment, Warner/Reprise Records, Windham Hill and Wind-Up
Entertainment.
* The more than 200 retailers using Liquid Audio include: Amazon.com,
BarnesandNoble.com, Best Buy, CIMS, CDNow, CD Universe, Compact Disc
World, Custom Disc, Every CD, Global Fulfillment, Handleman, Harmony
House, Hastings, J & R Music World, National Record Mart, Sam Goody,
Tower Records, Transworld Entertainment, Virgin Megastores, Wherehouse,
Yahoo and Musicland.
* The consumer electronics companies using Liquid Audio include:
eDigital, Iomega, SANYO Electric Co. and Texas Instruments.
``Our goal is to make it easy for the music industry to sell and fans to buy a wide variety
of songs online,' said Gerry Kearby, president and chief executive officer of Liquid
Audio. ``The multi-format support in Liquid System 5.0 gives consumers access to the
broadest selection of digital music, whether downloading free mp3 files or purchasing
secure tracks from the large catalog we distribute.'
For consumers, Liquid Player 5.0 software provides access to the broadest variety of
music online and an improved user experience. Fans can use one integrated player to get
both mp3s and secure tracks, or use the Liquid Plug-ins for RealNetworks, to access
Liquid Tracks right from their RealPlayer G2 or RealJukebox. Liquid Player 5.0 makes
it easy to sample music, check out lyrics and liner notes, purchase, download and
organize music. An enhanced Music Organizer feature lets users drag and drop songs to
make custom play lists, shuffle play or record custom CDs. Liquid Player will also let
consumers enjoy music in portable players such as the devices announced by SANYO
which are scheduled for delivery in the first quarter of 2000.
For labels, Liquid System 5.0 provides the virtual distribution capabilities to leverage the
Internet as a low-cost retail channel. Content owners can reach more customers by
publishing, syndicating and selling music on Liquid Audio's network of affiliate retail Web
sites. Multi-format support enables the digital delivery of music in both mp3 and secure
formats. To fight piracy in mp3, Liquid Audio is adding the Genuine Music mark to
music files it distributes. The Genuine Music mark enables labels to help their consumers
distinguish between pirated files and legitimate music on the Internet. As a result, EMI
Records has selected Liquid Audio to encode its extensive library for digital delivery.
Atlantic Records is using Liquid Audio to distribute and securely sell ``Bliss,' the first
single from Tori Amos's forthcoming new album, ``to venus and back,' online via 42
Internet retailers. In addition, Dreamworks, Epitonic, Fuel 2000, Hollywood and
Rockstar Records are now using Liquid Audio to distribute promotional singles in mp3
to retailers in the Liquid Music Network.
For retailers and Web sites in the Liquid Music Network, Liquid System 5.0 provides
the virtual fulfillment and large selection of content they need to promote and sell music
downloads in their online stores. Sites can offer mp3s and Liquid Tracks from 2,300
artists to consumers. A new Liquid Music Network design upgrade provides users with
a streamlined shopping experience and makes it easier for consumers to purchase
tracks. As a result, more than 200 affiliate sites now use Liquid Audio to offer mp3s and
Liquid Tracks.
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,
Websites 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 200 affiliate Web sites in
the Liquid(TM) Music Network. Traded on Nasdaq under the symbol LQID, Liquid
Audio is located in Redwood City, California.
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 information about employment at Liquid Audio visit liquidaudio.com or
send resumes to jobs@liquidaudio.com.
CONTACT: press only, Erik Ryan of The New Media Group @ Waggener Edstrom,
425-637-9097, or erikr@wagged.com, for Liquid Audio; or Kate Andrews, of
ShoreFire Media, 718-522-7171, or kandrews@shorefire.com, for Liquid Audio.
SOURCE: Liquid Audio, Inc. |
