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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology
EDIG 0.00010000.0%Mar 20 5:00 PM EST

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To: Steve who wrote (3530)5/3/1999 12:24:00 PM
From: B.Long  Read Replies (3) of 18366
 
I'm startin to get confused... does this release involve EDIG?
If they can retain copyright etc. It would seem that it does...

Liquid Audio to Support RealSystem MP, Allowing Music Fans to Securely Purchase and Download CD-Quality Liquid Tracks Right to RealNetworks RealJukebox

REDWOOD CITY, Calif., May 3 /PRNewswire/ -- Liquid Audio, Inc., a leading provider of Internet software and services for digital music distribution, and RealNetworks, Inc. (Nasdaq: RNWK), the recognized leader in the streaming media market, today announced they have teamed up to add Liquid Audio's music e-commerce capabilities to the new RealNetworks RealSystem MP digital music architecture. Music fans using RealJukebox will be able to more securely purchase and download CD-quality Liquid Tracks and store and organize them alongside RealAudio G2 Music, MP3 and other tracks using RealJukebox.

(Photo: newscom.com )

To provide these capabilities to RealNetworks millions of online users, Liquid Audio and RealNetworks plan to deliver a freely-downloadable Liquid Plug-in for RealSystem MP. The Liquid Plug-in software will provide the sound quality, security, copyright management and rights reporting of the Liquid Player software right from RealJukebox. Using RealJukebox, music fans will be able to access the wealth of CD-quality music from the 250 labels that are currently using Liquid Audio to digitally-deliver music to Internet users.

"Liquid Audio offers the digital music distribution services and software that make it easy for artists, labels and retailers to quickly and easily promote and sell secure digital music to millions of fans on the Internet," said Robert Flynn, vice president of business development at Liquid Audio. "By expanding our relationship and making our secure music distribution solution interoperate with RealSystem MP, Liquid Audio and RealNetworks can offer the large installed base of RealPlayer users access to the more than 300,000 Liquid Tracks by more than 15,000 artists available on the Net today."

"We are very happy to partner with Liquid Audio to extend the capability of RealSystem MP, which gives consumers an easy way to create and manage high-quality digital music, while protecting the intellectual property rights of artist and labels," said Alex Alben, vice president of the music group at RealNetworks. "By developing the Liquid Plug-in for RealSystem MP, we can greatly enhance the variety of music available to our users and accelerate the creation of a legitimate market for music downloads."

RealSystem MP is an open and extensible digital music platform that provides content owners a more secure method for transmitting, storing and playing back music content. RealJukebox, also announced today, is built on RealSystem MP and turns Internet PCs into the best way to experience music. The beta release of RealJukebox is available for a free download from real.

Liquid Audio is a 'format neutral' distribution system that harnesses the open architecture of the Liquid System to distribute digital music in many leading formats to many leading music players. Supported music formats include Dolby Digital AC-3 and AAC, and soon, MP3 with the Genuine Music mark. Supported players include: Liquid Player and, soon, RealNetworks RealPlayer G2 and RealJukebox, the large installed base of MP3 players and Diamond Multimedia's Rio. This open architecture will also enable Liquid System products to be compliant with the standards being set by the Record Industry Association of America's Secure Digital Music Initiative (SDMI).

RealNetworks, Inc. (Nasdaq: RNWK), based in Seattle, WA, is the recognized leader in the streaming media market. It develops and markets software products and services designed to enable users of personal computers and other consumer electronic devices to send and receive audio, video and other multimedia services using the Web. RealNetworks can be found on the World Wide Web at www.real.com.

Formed by veterans of the music industry and professional recording engineers, Liquid Audio is leading the convergence of music and technology to establish the Internet as a new medium for music distribution. Liquid Audio is the leading provider of services and software that enable musicians, record labels and music retailers to deliver professional-quality music digitally via the Internet. The company's software and services are based on an open architecture that supports music distribution in all leading digital music formats to all leading music players. Available for free download at www.liquidaudio.com, the Liquid Player software allows consumers to preview and purchase CD-quality music over the Internet from hundreds of music Web sites while protecting artists' copyrights and tracking royalties.

RealNetworks, RealGuide, RealPlayer, RealAudio, and RealVideo are trademarks or registered trademarks of RealNetworks, Inc. All other companies or products listed herein are trademarks or registered trademarks of their respective owners.

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 products and services call 1-888-liquid-0 or visit liquidaudio.com.

For more information, press only: Lindy Holt of The New Media Group @ Waggener Edstrom, 503-245-0905, lindyh@wagged.com; or Kari Day of RealNetworks, kari@real.com, 206-674-2358.

B.Long
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