HONG KONG, March 8, 2011 /PRNewswire/ -- QTRAX (A Division of Brilliant Technologies Corporation) (Pink Sheets: BLLN) announced today that it had launched its unique free and legal music service in Hong Kong.
Lance Ford, President & CMO said, "We are particularly pleased to be launching in Hong Kong. The China region is very important in our plans. Obviously, there is great potential in population numbers but also in the high percentage of the population that downloads music and the high piracy rate. We are committed to providing more and more local music. We believe that there is no similar service in Hong Kong and we expect to be able to create significant audience numbers."
Allan Klepfisz, President & CEO, said, "We have chosen to invest a lot of time and effort in the region. We expect it to be pivotal in our global service. The fast growing internet population, combined with an intense love of music, presents significant monetization opportunities."
About QTRAX (www.QTRAX.com)
QTRAX is a free and legal music downloading service with a revenue focused business model that directs money back to artists and rights holders. QTRAX has successfully signed a number of significant licensing deals and will provide fans with access to a vast and diverse catalog of high-quality digital music files. Based in New York City, QTRAX is a subsidiary of Brilliant Technologies Corporation (OTC: BLLN.PK), a publicly traded technology holding company.
This announcement contains express or implied forward-looking statements which involve known and unknown risks and uncertainties that could cause actual results to differ materially from those suggested, including but not limited to risks identified and discussed in company filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management's expectations as of the date hereof and future results may differ materially from expectations and the company disclaims any obligation to update them except as required by law.