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For Immediate Release
PASSALONG NETWORKS ADDS IODA CATALOG TO ITS DIGITAL MUSIC NETWORK
Franklin, Tenn. — October 10, 2005 — PassAlong Networks, developer of innovative technologies for digital music, today announced an agreement with independent music distributor IODA to make its catalog available to all digital music stores powered by PassAlong's B2B2C software platform p2pREVOLUTION™. IODA — the Independent Online Distribution Alliance — is the latest addition to PassAlong's fast expanding library, including Warner Music Group, Sony BMG, Universal Music Group, EMI, The Orchard and other independent labels.
"IODA is one of many upcoming agreements that allows talented and deserving independent artists to benefit from PassAlong's unique relationships with its B2B retail partners and its innovative services," said Jozef Nuyens, Co-founder and SVP International Label Relations for PassAlong Networks. "We are committed to providing the best possible resources for all artists to sell and promote their music online, and are pleased to announce the addition of IODA's roster."
The agreement with IODA brings a diverse mixture of established and up-and-coming artists from over 750 independent labels into the PassAlong digital music store network, including Billie Holliday, London Symphony Orchestra, The Hives and George Clinton -- all accessible from http://www.PassAlong.com, eBay (http://pulse.ebay.com), and Microsoft Windows Media Player.
"PassAlong Networks' unique system rewards independent music fans for doing what comes naturally — telling their friends about great music," said IODA founder and CEO Kevin Arnold. "PassAlong is a prime example of a company utilizing new technologies to amplify that process and make it more rewarding for independent labels, artists and fans. We are pleased to distribute our diverse catalog to PassAlong-powered storefronts."
Passalong Network's p2pREVOLUTION is a multi-faceted B2B2C software platform designed to provide fans, artists and the music industry with a mutually beneficial resolution to the issues affecting the P2P landscape. The PassAlong Digital Music Network is the only system powered by p2pREVOLUTION which includes Passing-and-Points™, allowing music fans to earn points that can be used toward future purchases by passing songs to friends via instant messenger or email, Freedom™, a suite of security software that distinguishes between licensed and unlicensed files, monetizes and legalizes existing P2P services, prevents stream ripping and offers CD copy protection. It also includes OnTour™, a service that utilizes the DiscoverMyMusic™ feature to notify users of concerts and events, Crowfly™ Live Music which is content made available through partnerships with concert promoters and artists, and Web Services that aid partners in developing uniquely branded music stores.
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About PassAlong Networks
PassAlong Networks is the industry-leading developer of technologies that provide music fans, artists and the industry with a mutually beneficial resolution to the evolving P2P landscape. Its innovative B2B2C software platform — named p2pREVOLUTION — is based on three core elements: community, convenience and empowerment. The p2pREVOLUTION platform can be branded and customized by clients to build community, promote products and services, and generate revenues. Founded in 2002, PassAlong Networks is based in Franklin, Tenn. For more information visit http://www.passalongnetworks.com
About IODA
IODA — the Independent Online Distribution Alliance — is the industry-leading digital distribution company for the global independent music community. IODA provides comprehensive services to record labels, physical distributors, and artists, including license negotiations; media encoding and metadata management; royalty payment administration and reporting; and promotional support through the IODA Digital Marketing division. Founded in 2003, IODA represents a rapidly expanding roster of over 225,000 tracks from more than 750 independent labels around the globe. The IODA catalog ranges from established classics to modern up-and-comers in all genres, including favorites such as Antony and the Johnsons, London Symphony Orchestra, Bebel Gilberto, Billie Holliday, They Might Be Giants, The Hives, The Wrens, Ryuichi Sakamoto, Van Morrison, and Fela Kuti. IODA distributes its client catalog to more than 150 other retail outlets. The company was named one of FORTUNE magazine's 25 Breakout Companies for 2005. IODA's web site is located at http://www.iodalliance.com.
PassAlong Networks Contact:
Alyssa Greiner
Connors Communications
Direct: 212-798-1420
Email: Agreiner@Connors.com
IODA Contact:
Jill Mango
Jill Mango Media
Direct: 201-729-1939
Email: jill@jillmangomedia.com |
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