audiohighway.com Featured On Diamond Multimedia's MP3 Web Site;
audiohighway.com Continues Its Role as a Leading Critic of Pirated
MP3 Content
CUPERTINO, Calif.--(BUSINESS WIRE)--Jan. 28, 1999-- audiohighway.com (Nasdaq:AHWY), an
Internet-based information and entertainment company, Thursday announced it is being featured on
Diamond Multimedia Systems' (Nasdaq:DIMD) new MP3-specific Web site (http://www.RioPort.com) as a
provider of free MP3 audio content.
The site has been launched to support Diamond's Rio PMP300 portable digital music player and is
intended to direct owners of the Rio-player to legally licensed MP3 content.
In a related announcement, audiohighway.com Thursday announced the availability of MP3 content on its
Web site (http://www.audiohighway.com).
In addition, today's announcement follows a November announcement by audiohighway.com that it had
entered into a strategic alliance with Diamond Multimedia Systems designed to enhance both firms'
abilities to deliver audio content via the Internet to portable devices.
As part of the alliance, the Diamond MP3 Web site will link to audiohighway.com's Web site, allowing Rio
owners to download licensed audiobooks, music and entertainment in MP3 format.
"MP3, which stands for MPEG 1 layer 3, is one of the newest and most popular audio-compression
formats on the Internet," said Nathan Schulhof, audiohighway.com president and chief executive officer.
"The popularity of MP3 stems primarily from the fact that it allows users to compress audio files 10 to 20
times while retaining high-quality sound. However, these two attributes have raised concerns about piracy
within the recording industry."
"Because the quality of MP3 content is so high, it has become a favorite for those interested in pirating
songs or complete CDs, which is a serious concern to the recording industry because artists aren't being
properly compensated," Schulhof said.
"However, we've always taken appropriate steps at audiohighway.com to ensure that artists are
compensated every time their works are downloaded or used from our Web site. As part of this new site
from Diamond, we will continue to be a resource for users wanting legitimate content - MP3 or otherwise.
"At the same time, we look forward to working with the entertainment and recording industries to build
future distribution standards based on the Internet."
audiohighway.com is an Internet-based information and entertainment company which, through its
AudioCast System, uses the capabilities of the World Wide Web to enable users to download from the
Internet and play back selected audio content, such as audiobooks, music, timely news programs and
other forms of information and entertainment.
The company currently has available on its Web site audio content from such providers as National Public
Radio, Newsweek On Air, Associated Press, Penguin Books USA, ESPN, and Compact Classics. For
more information, contact the company at 408/255-5301 or 800/77LISTEN, or visit its Web site at
audiohighway.com.
Note to Editors: The statements made in this release that are not historical facts contain forward-looking
information that involves risks and uncertainties.
Important factors that may cause actual results to differ include, but are not limited to, the impact of
competitive products and services, the company's ability to manage growth and acquisitions of technology
or businesses, the effect of economic and business conditions, and other risks detailed from time to time
in the company's filings with the Securities and Exchange Commission.
audiohighway.com and AudioCast are trademarks of audiohighway.com. All other trademarks are the
property of their respective owners.
|
