SOURCE: Audible Magic

March 04, 2009 11:20 ET

Audible Magic Sees Increase in Technology and Market Leadership

Expands European Presence, Builds Customer Base, Adds to Patent Portfolio

LOS GATOS, CA--(Marketwire - March 4, 2009) - Audible Magic has reached several key milestones that reflect its position as the leading information services provider of media identification and copyright management solutions in the world. Already the de facto leader in media identification in the U.S., Audible Magic has significantly expanded its presence in Europe this past year signing several new clients in United Kingdom, France and Germany. In 2008, Audible Magic substantially increased its base of customers and partnerships, worldwide.

In addition, the company's focus on building products based on "best-in-class" technology has resulted in the award of several new patents. The most recent patents expand protection in the content identification market and heighten capacity to manage content flow over networks.

"Audible Magic has had a really terrific year," says Vance Ikezoye, Audible Magic's co-founder and CEO. "We continue to drive our technology forward in the media identification market. Our success to date can be largely attributed to the fact that we have kept our focus on the leading edge, narrowing in on what will most benefit our clients. For example, we are proud that the leading Web 2.0 music and video destination sites have chosen Audible Magic to help them realize revenues based on user-generated content (UGC)."

Audible Magic Milestones for 2008

--  Renewed major clients such as Google, MySpace, MTV Networks, Veoh,
    Microsoft and others.
--  Added 25 new clients across the world.
--  Opened offices in London and Paris.
--  Expanded European presence with signing of new clients such as
    sevenload, RTL Group's Clipfish, France Telecom Orange Vallee and Telefun.
--  Awarded several new technical patents in the U.S. and Europe with its
    fingerprint technology and use of the technology to detect and manage
    unauthorized transmissions of digital works over networks.
--  In partnership with IBM brought to market the world's largest and most
    comprehensive portfolio of patented audio and video identification
    offerings.
--  Enhanced the core audio identification technology and launched a video
    image identification service to Web 2.0 customers and content owners.
--  Expanded presence on college campuses, protecting the flow of
    copyrighted material over P2P networks, creating safe Internet environment
    for students.
--  Changed the model for college campus copyright protection by offering
    a service that replaces lawsuits with opportunities to create better
    digital citizens.
    

About Audible Magic®

Audible Magic Corporation is the leading provider of content management and anti-piracy services. Its patented content identification technologies and extensive reference database of audio and video content enable the company to monitor, track, manage, filter and monetize multi-media digital content.

The company's core copyright-sensing technology, CopySense®, accurately identifies digital or broadcast media content based on the perceptual characteristics of the content itself. Built on a patented electronic fingerprinting process, the technology is robust, efficient, and massively scalable.

Recognized throughout the music and video industry as the de factor leader in identification services, Audible Magic is headquartered in Los Gatos, California. Its customers include Web 2.0 websites, CD/DVD replicators, peer-to-peer networking companies, internet service providers and universities, which span the media and entertainment industries, major business, governmental and educational institutions markets.

For more information, go to http://www.audiblemagic.com.

Contact Information

  • Contact:
    Sarah McMullen
    McMullen & Company Public Relations
    (310) 283-7907
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