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Technology Stocks : EDTA (was GIFT)
EDTA 0.000200+300.1%Mar 7 3:00 PM EST

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To: Mel Spivak who wrote (2095)7/15/1998 2:45:00 PM
From: Alec Epting  Read Replies (1) of 2383
 
Doesn't this violate GIFT's patent?

Liquid Audio Also Supports Intel NY Music Festival Web Site With Liquid Lounge, Hosts Free
Seminar on Selling and Promoting Music on the Internet

NEW YORK, July 15 /PRNewswire/ -- Liquid Audio, the leader in secure online music delivery systems, will record
tonight's Jesus and Mary Chain concert at Irving Plaza, part of the Intel New York Music Festival, then make a song from
the live performance available to customers at Tower Records tomorrow morning.

A select song performed by the group will be recorded and mastered by Liquid Audio at the concert venue as the band
plays songs from their new album, ''Munki'' on Sub Pop Records. The select song will be published to the Internet
overnight; then, in the morning, customers at Tower Records on Fourth and Broadway in Manhattan can take home a free
''burned'' CD copy of the song with the purchase of ''Munki.''

''This is fun,'' said Mike Farrace, vice president of publishing and direct-to-consumer of Tower Records. ''We think
there's a place for digital distribution in store at Tower, and to be able to give our customers a cool and very rare
collectible like this is just fantastic.''

Various Internet Web sites, including www.intelfest.com, www.subpop.com, www.towerrecords.com and
www.liquidmusicnetwork.com, will have the published song available for free for consumers to download to their PC.
Liquid Audio's participation in the Intel New York Music Festival also includes a showcase of its technology on Intel
Corp.'s [Nasdaq:INTC - news] festival Web site at www.intelfest.com, where music fans can preview, download and
purchase digital audio tracks from a select group of festival artists in the Liquid Lounge.

Intelfest site visitors have the opportunity to see and hear all the festival action, including performances from more than 300
bands at 20 Manhattan clubs and exclusive interviews with select bands from Intel's Command Central. Using Liquid
Audio's Liquid Music Player CD, music fans can create their own custom playlist, turning their PC into a jukebox on their
desktop. The Liquid Music Player CD easily interfaces with popular CD-recorders, enabling the creation of custom
compilation CDs at home. As a benefit to each of the participating bands, Liquid Audio is donating a three months'
appearance on the Liquid Music Network (see related press release), with one year to be given away to the winning band
from the festival.

A final component to Liquid Audio's participation in the Intel New York Music Festival is sponsoring its second music
industry seminar, ''Selling and Promoting Music on the Internet,'' designed to help independent artists and music labels
harness the power of the Internet for music distribution, promotion and sales. The free industry workshop will be held in
conjunction with the Intel New York Music Festival from noon to 3 p.m. Saturday, July 18, at the Knitting Factory, 74
Leonard St., New York, 212-219-3006.

Co-sponsored by Liquid Audio, Gig Magazine, Billboard Online and Knit Media, the workshop will explore opportunities
for the direct digital distribution of music over the Internet and will outline strategies and tactics to easily and instantly
connect music fans worldwide via the World Wide Web for sales and promotion. Panelists for the workshop include Ty
Braswell of Braswell Artist Navigation Group; Michael Dorf of the Knitting Factory; Marc Geiger of the Ultimate Band
List; Josh Warner of Blink Media; Sam Bell of Billboard Online; Jeff Okkonen of Harry Fox; Kevin Ratner of IUMA; and
Dick Wingate and Rick Fleischman of Liquid Audio.

Space is still available for the workshop, but seating is limited. The Intel New York Music Festival seminar in New York
marks the second in a series of planned industry workshops for Liquid Audio this year; including other workshops to be
held in Nashville, Tenn., and Los Angeles. To RSVP or for more information on any of Liquid Audio's free workshops,
call 888-LIQUID-0 (547-8430).

Redwood City, Calif.-based Liquid Audio is the first Internet company focusing exclusively on the needs of the music
industry, providing labels and artists with software tools and technologies to enable the secure online distribution of
professional-quality music titles. Liquid Audio's technology allows consumers to preview and purchase CD-quality music
over the Internet, while ensuring copyright protection and tracking royalties. Formed by veterans of the music industry and
professional recording engineers and funded by leading software venture-capital firm Hummer Winblad Venture Partners,
Liquid Audio is leading the convergence of music and technology to establish the Internet as a new medium for music
publishing.

SOURCE: Liquid Audio
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