To: Starowl who wrote (4290 ) 1/21/1999 11:58:00 AM From: Chemsync Respond to of 5944
Adaptec an internet company? Good Noise allies with Adaptec Wednesday January 20, 7:30 am Eastern Time Company Press Release SOURCE: GoodNoise Corporation GoodNoise Partners with Adaptec to Promote Downloadable Music Sales PALO ALTO, Calif., Jan. 20 /PRNewswire/ -- GoodNoise Corporation (OTC Bulletin Board: GDNO - news) today announced a technology and marketing alliance with Adaptec, Inc. (Nasdaq: ADPT - news) aimed at promoting the growth of downloadable music sales in the popular MP3 format. Under the terms of the agreement, GoodNoise and Adaptec will jointly sell and promote each other's products and services. GoodNoise and Adaptec will focus on technology solutions that allow consumers to easily purchase and download MP3 music from the Internet and make their own music CDs. Adaptec is the developer of the market-leading CD-Recording software products, Easy CD Creator, DirectCD and Toast. ''Everyday, thousands of new consumers discover the benefits of purchasing music over the Internet,'' said Gene Hoffman, president and CEO of GoodNoise. ''One of the key elements of the continued growth of downloadable music is making the process of downloading and storing music as easy as possible. The combination of downloadable music with CD-recorders is a natural fit and we plan to work aggressively with Adaptec to break new ground in consumer ease of use.'' ''There is nothing as hot on the Internet today as music in the MP3 format,'' said Dave Ulmer, general manager of Adaptec's Software Products Group, ''And nothing as hot on the desktop as CD-Recording. Through this alliance we are able to offer MP3 fans a great combination of content and CD-Recording software that makes it fun and easy to record their own music CDs.'' About Adaptec: Adaptec provides bandwidth management technologies for organizations building the global information infrastructure. Its high performance I/O, connectivity, and network products are incorporated into the systems and products of major computer and peripheral manufacturers. Founded in 1981 and headquartered in Milpitas, Calif., Adaptec (Nasdaq: ADPT - news) employs people worldwide in design, manufacturing, sales, service and distribution. Adaptec's home page is adaptec.com . GoodNoise: The Source for Downloadable Music Since it was founded in January 1998, GoodNoise Corporation has established itself as a clear leader in the rapidly expanding market for downloadable music. Through relationships with artists and license agreements with leading independent record labels, GoodNoise has become the premier website for sampling and purchasing music in the MP3 (MPEG1, Layer 3) format, which has emerged as the de facto standard in the digital distribution of music with millions of users around the world. GoodNoise.com features a constantly expanding catalog of music and offers music fans complete albums for $8.99 or the ability to purchase individual tracks for 99 cents. GoodNoise is based in Palo Alto, Calif. NOTE: Any forward-looking statements contained in this release involve a number of uncertainties, risks and other factors which may cause the actual results, performance or achievements expressed or implied by such forward- looking statements to materially differ. Factors that could cause actual events or results to differ materially include, among others, those set forth in the Company's S.E.C. report on Form 10-SB, which may be accessed via the Internet from a link on the following page: goodnoise.com . SOURCE: GoodNoise Corporation More Quotes and News: Adaptec Inc (Nasdaq:ADPT - news) GoodNoise Corp (OTC BB:GDNO - news) Related News Categories: computer peripheral, computers, entertainment, internet