Loudeye Appoints Joel McConaughy Chief Technology Officer

Apr 18, 2001, 01:00 ET from Loudeye Technologies, Inc.

    SEATTLE, April 18 /PRNewswire/ --
 Loudeye Technologies, Inc. (Nasdaq: LOUD), a leading provider of services and
 infrastructure for the authorized delivery of digital content, today announced
 the appointment of Joel McConaughy to the newly created position of chief
 technology officer.  Mr. McConaughy, who brings more than 15 years of
 technology and development expertise in digital media and broadband, will be
 responsible for guiding Loudeye's technology development and strategy.
     "Joel is an outstanding technologist, a strong operating executive and a
 solid addition to our team," said John T. Baker, Loudeye chief executive
 officer.  "He brings valuable years of experience in the digital media
 industry and a track record of success.  Joel's appointment is an important
 next step in Loudeye's development as we begin building technology products
 and services that address new markets for digital content distribution.  He
 joins Loudeye at a pivotal time as the music industry is seeking innovative
 technology solutions for their emerging digital business models."
     Previously, McConaughy was senior vice president of technology at
 Intertainer Inc., a digital entertainment distribution company, where he
 spearheaded deployment of that company's nationwide video-on-demand service.
 Intertainer was the first broadband network to offer major motion pictures on
 both the Internet and digital cable television.
     Prior to joining Loudeye, McConaughy served as the chief technology
 officer of Digital Media Campus, a Los Angeles-based venture-backed firm
 focused on incubating and developing digital media companies.  Earlier,
 McConaughy was a principal engineer at Informix where he led the initial
 deployments of multimedia database products and won the President's Star award
 for outstanding technical achievement.  He holds B.S. and M.S. degrees in
 economics from the University of Southern California.
     "Digital music distribution is at an inflection point," McConaughy said.
 "The ongoing improvements in streaming media delivery costs, maturing of
 security technologies and emergence of wireless, cable, and satellite
 distribution channels all point to a bright future.  With our focus on
 providing a suite of services for the authorized delivery of music and other
 digital content, I believe that Loudeye is well situated to help bridge the
 gap between content owners and consumers."
 
     About Loudeye Technologies, Inc.
     Loudeye is a leading provider of services and infrastructure for the
 delivery of digital content that empower today's top media, entertainment and
 Fortune 1000 companies to transform traditional media assets into dynamic
 digital content.  Through Loudeye (TM) Digital Media Centers in Seattle
 (headquarters), New York and London, Loudeye is building the infrastructure to
 support the next generation of digital media businesses.  To learn more, visit
 www.loudeye.com.
 
     Forward Looking Statements:
     This press release contains forward-looking information within the meaning
 of the safe harbor provisions under the Private Securities Litigation Reform
 Act of 1995, as amended, such as statements about Loudeye's development of
 products and services and strategic position.  These statements are based on
 current trends, expectations, plans and prospects and there is no guarantee
 that these results will actually occur, these trends will actually continue or
 Loudeye's products, services or initiatives will develop in the way currently
 anticipated.  Actual events, results or developments may differ materially
 from those expressed or implied in forward-looking statements due to a number
 of risks and uncertainties. Such factors include:  the possibility of adverse
 changes in the market for distribution of digital music that Loudeye serves,
 adverse or uncertain legal developments with respect to copyrights surrounding
 the creation and distribution of digital music, pricing pressures and other
 activities by competitors, the continued viability of Loudeye's customers'
 commercial prospects and their ability to pay for digital media services and
 applications, lack of market acceptance for Loudeye's products and services,
 delay in the launch of new products and services of Loudeye or its customers,
 risks associated with supplier and customer concentration, capacity
 constraints, delays in the adoption of digital media or related applications
 on the web, and the acceptance and growth of streaming media technology in
 general.  More information about the risks and challenges faced by Loudeye is
 contained in Loudeye's Annual Report on Form 10-K for the year ended
 December 31, 2000, and other documents filed by Loudeye from time to time with
 the Securities and Exchange Commission, copies of which are available through
 the SEC's Electronic Data Gathering Analysis and Retrieval system (EDGAR) at
 www.sec.gov.  Loudeye assumes no obligation to update the forward-looking
 statements included in this release.
 
 

SOURCE Loudeye Technologies, Inc.
    SEATTLE, April 18 /PRNewswire/ --
 Loudeye Technologies, Inc. (Nasdaq: LOUD), a leading provider of services and
 infrastructure for the authorized delivery of digital content, today announced
 the appointment of Joel McConaughy to the newly created position of chief
 technology officer.  Mr. McConaughy, who brings more than 15 years of
 technology and development expertise in digital media and broadband, will be
 responsible for guiding Loudeye's technology development and strategy.
     "Joel is an outstanding technologist, a strong operating executive and a
 solid addition to our team," said John T. Baker, Loudeye chief executive
 officer.  "He brings valuable years of experience in the digital media
 industry and a track record of success.  Joel's appointment is an important
 next step in Loudeye's development as we begin building technology products
 and services that address new markets for digital content distribution.  He
 joins Loudeye at a pivotal time as the music industry is seeking innovative
 technology solutions for their emerging digital business models."
     Previously, McConaughy was senior vice president of technology at
 Intertainer Inc., a digital entertainment distribution company, where he
 spearheaded deployment of that company's nationwide video-on-demand service.
 Intertainer was the first broadband network to offer major motion pictures on
 both the Internet and digital cable television.
     Prior to joining Loudeye, McConaughy served as the chief technology
 officer of Digital Media Campus, a Los Angeles-based venture-backed firm
 focused on incubating and developing digital media companies.  Earlier,
 McConaughy was a principal engineer at Informix where he led the initial
 deployments of multimedia database products and won the President's Star award
 for outstanding technical achievement.  He holds B.S. and M.S. degrees in
 economics from the University of Southern California.
     "Digital music distribution is at an inflection point," McConaughy said.
 "The ongoing improvements in streaming media delivery costs, maturing of
 security technologies and emergence of wireless, cable, and satellite
 distribution channels all point to a bright future.  With our focus on
 providing a suite of services for the authorized delivery of music and other
 digital content, I believe that Loudeye is well situated to help bridge the
 gap between content owners and consumers."
 
     About Loudeye Technologies, Inc.
     Loudeye is a leading provider of services and infrastructure for the
 delivery of digital content that empower today's top media, entertainment and
 Fortune 1000 companies to transform traditional media assets into dynamic
 digital content.  Through Loudeye (TM) Digital Media Centers in Seattle
 (headquarters), New York and London, Loudeye is building the infrastructure to
 support the next generation of digital media businesses.  To learn more, visit
 www.loudeye.com.
 
     Forward Looking Statements:
     This press release contains forward-looking information within the meaning
 of the safe harbor provisions under the Private Securities Litigation Reform
 Act of 1995, as amended, such as statements about Loudeye's development of
 products and services and strategic position.  These statements are based on
 current trends, expectations, plans and prospects and there is no guarantee
 that these results will actually occur, these trends will actually continue or
 Loudeye's products, services or initiatives will develop in the way currently
 anticipated.  Actual events, results or developments may differ materially
 from those expressed or implied in forward-looking statements due to a number
 of risks and uncertainties. Such factors include:  the possibility of adverse
 changes in the market for distribution of digital music that Loudeye serves,
 adverse or uncertain legal developments with respect to copyrights surrounding
 the creation and distribution of digital music, pricing pressures and other
 activities by competitors, the continued viability of Loudeye's customers'
 commercial prospects and their ability to pay for digital media services and
 applications, lack of market acceptance for Loudeye's products and services,
 delay in the launch of new products and services of Loudeye or its customers,
 risks associated with supplier and customer concentration, capacity
 constraints, delays in the adoption of digital media or related applications
 on the web, and the acceptance and growth of streaming media technology in
 general.  More information about the risks and challenges faced by Loudeye is
 contained in Loudeye's Annual Report on Form 10-K for the year ended
 December 31, 2000, and other documents filed by Loudeye from time to time with
 the Securities and Exchange Commission, copies of which are available through
 the SEC's Electronic Data Gathering Analysis and Retrieval system (EDGAR) at
 www.sec.gov.  Loudeye assumes no obligation to update the forward-looking
 statements included in this release.
 
 SOURCE  Loudeye Technologies, Inc.