SAN DIEGO--(BUSINESS WIRE)--Feb. 4, 1999--Solutions Media Inc., in response to the demand for MP3 and
downloadable music, Thursday announced their turn-key MP3 solution. "MP3 has viable potential to radically change the
distribution of music as we know it," commented Alan Lewis, vice president of Corporate Development for Solutions Media.
"The announcements made by both Sony and Rykodisc, to offer MP3 downloadable music over the Web confirms our belief
that MP3 is going to take off." In anticipation of the growth of MP3, Solutions Media has developed a turn-key solution for
those seeking to take advantage of the technology. With companies like Sony leading the way to consumer adoption of MP3,
smaller labels, as well as individual artists, need a way to leverage the opportunities made available by this technology. "We
have developed the most sophisticated turn-key solution for MP3 available today," stated Wayne Irving, president and chief
executive officer of Solutions Media. "Our solution has made it possible for just about anyone to convert their existing music
into MP3 and distribute it over the Internet." Irving also commented that Solutions Media is anxiously awaiting the arrival of
streaming MP3 for broadcasting over the Internet. Solutions Media, primarily a New Media Venture firm, is in the process of
developing a standardized interface for convergence technologies. Solutions Media plans to incorporate MP3 technology into
their interface as a valuable component of their overall offering.
As credited to Capital Asset Management, worldassetpros.com and Peacock Financial Corp. (OTC BB: PFCK),
Solutions Media, is gearing up to be a publicly traded Internet company sometime later this year.
Hear more about Solutions Media and their view of MP3 on their nationally syndicated high tech radio talk show on the Talk
America Radio Network Affiliate in your area or bizsoup.com
For other information contact: Wayne Irving II 800/595-9858, solutionsmedia.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are
not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ
materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the
company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of
products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission.
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