QUALCOMM and MP3.com Agree to Work Together to Build Wireless Music Applications
Developer Relationship Designed to Create New Distribution Channels for Digital Music
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SAN DIEGO, Feb. 7 /PRNewswire/ -- In a move to extend the company's wireless vision of on-demand access to digital music at any hour and from any location, MP3.com, Inc. (Nasdaq: MPPP - news) today announced a developer relationship with QUALCOMM Incorporated (Nasdaq: QCOM - news). MP3.com will work to create an application compatible with QUALCOMM's new Binary Runtime Environment for Wireless(TM) (BREW(TM)) applications platform, potentially enabling the wireless delivery of digital music. The BREW platform enables developers to create applications that operate on all handsets with QUALCOMM Code Division Multiple Access (CDMA) integrated circuits.
``The next step for digital music is mobility. Artists and music fans have told us they are looking for the day when music will be delivered beyond the desktop to wireless devices. We're building the technologies that will be instrumental in making this vision a reality,'' said Michael Robertson, chairman and chief executive officer of MP3.com (www.mp3.com). ``QUALCOMM is truly an industry leader, and by working together to develop a wireless application for digital music, MP3.com is continuing our strategy for providing consumers with access to their music whenever and wherever they want it.''
``QUALCOMM is pleased to have MP3.com as a core application developer partner in the BREW environment,'' said Peggy Johnson, QUALCOMM senior vice president and general manager of QUALCOMM Internet Services. ``The partnership with MP3.com represents a significant step both in enriching consumers' experience with the wireless Internet and in bringing personalized music to people wherever they may be. Carriers have expressed significant interest in adding music to their service offerings and MP3.com has the technology, business models and user base to deliver and grow these services.''
MP3.com's developer relationship with QUALCOMM is expected to enhance the company's recently announced Music InterOperating System (IOS), which is designed to bring all elements of the music industry together for the first time. The relationship continues the company's ongoing efforts to extend music IOS to wireless device manufacturers and wireless carriers.
Wireless device manufacturers, carriers and technology companies can visit www.mp3.com/mp3mobile for more information on partnering with MP3.com.
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About MP3.com
MP3.com, Inc. has created a unique and robust technology infrastructure designed to facilitate the storage, management, promotion and delivery of digital music. As the Internet's premier Music Service Provider (MSP), the company is dedicated to giving consumers music when they want it, where they want it, using any web-enabled device. The company's web site hosts what MP3.com believes is the largest collection of digital music available on the Internet, with more than 800,000 songs and audio files posted from over 125,000 digital artists and record labels. Dedicated to growing the digital music space, the company's products and services include on-demand Subscription Music Channels, an innovative Business Music Services program, a Syndicated Radio division and others. Additionally, through the company's MSP technology initiative and its Music InterOperating System, MP3.com is partnering with a variety of forward-looking businesses to expand its digital music strategy. MP3.com's common stock is traded on the Nasdaq National Market under the ticker symbol MPPP. The company is based in San Diego, California. For more information on MP3.com, visit www.mp3.com.
About QUALCOMM
QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's CDMA digital technology. The Company's business areas include CDMA integrated circuits and system software; technology licensing; Eudora® e-mail software for Windows® and Macintosh® computing platforms; digital cinema systems; and satellite-based systems including portions of the Globalstar(TM) system and wireless fleet management systems, OmniTRACS® and OmniExpress(TM). QUALCOMM owns patents that are essential to all of the CDMA wireless telecommunications standards that have been adopted or proposed for adoption by standards-setting bodies worldwide. QUALCOMM has licensed its essential CDMA patent portfolio to more than 95 telecommunications equipment manufacturers worldwide. Headquartered in San Diego, Calif., QUALCOMM is included in the S&P 500 Index and is a 2000 FORTUNE 500® company traded on The Nasdaq Stock Market® under the ticker symbol QCOM.
Statements in this press release that are not strictly historical are forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements may include references to activities and events expected to occur in connection with MP3.com's developer relationship with QUALCOMM Incorporated. These statements involve a high degree of risk and uncertainty, are only predictions, and actual events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include risks related to: MP3.com's litigation proceedings, including without limitation the inability to reach settlement with all parties to such proceedings; risks associated with the implementation and possible continuation of MP3.com's developer relationship with QUALCOMM Incorporated, and the availability and functionality of applications potentially developed in connection therewith; MP3.com's new and uncertain business model; acceptance of MP3.com's products and services; MP3.com's limited operating history; and MP3.com's rapid growth, as well as other risks detailed from time-to-time in MP3.com's reports to the Securities and Exchange Commission, including its report on Form 10-K for the year ended December 31, 2000.
QUALCOMM, OmniTRACS and Eudora are registered trademarks, and OmniExpress and BREW are trademarks of QUALCOMM Incorporated. Globalstar is a trademark of Loral QUALCOMM Satellite Services, Incorporated. Windows is a registered trademark of Microsoft Corp. Macintosh is a registered trademark of Apple Computer Inc. All other trademarks are the property of their respective owners.
For further information, please contact Greg Wilfahrt, Director of Public Relations of MP3.com, Inc., 858-623-7280, pr@mp3.com.
SOURCE: MP3.com, Inc. |
