SOURCE: Audiolife

Audiolife

April 16, 2009 12:01 ET

Audiolife Names Former Chairman of the Tech Coast Angels Dave Berkus to Advisory Board

Attention: Startups/Small Business Editor, Finance Editor, Arts/Entertainment Editor, Tech News Editor

LOS ANGELES, CA--(Marketwire - April 16, 2009) - Audiolife (www.Audiolife.com), an Artist Services platform designed for indie artists to sell music online and on-demand to fans, has added venture investment and corporate board expert Dave Berkus to the company's exclusive list of Advisory Board members.

Berkus, whose background in the music industry coupled with his vast experience as an entrepreneur and private equity investor, will serve to guide Audiolife through key strategic decisions during the company's anticipated rapid growth stage over the next six months.

"With the success of our public beta launch in January 2009 our company focus must shift to include growth management," remarked Brandon Hance, Founder and CEO of Audiolife. "Mr. Berkus' combined experience with music + technology + early-stage investment will give us a competitive edge as we develop key operational and financial strategies."

Added Berkus: "I've served on over forty boards, made over seventy early-stage investments, and am aware of the ingredients necessary to build and grow a successful company. Audiolife has the full capacity to shift the music industry for the better in the very near future because it is focused on the right target... the artist."

In addition to providing strategic guidance for company growth, Berkus will use his professional career to advise Audiolife on matters of corporate compliance, Board of Directors oversight, and key financial and legal decisions.

About Audiolife

Audiolife (www.Audiolife.com) is an Artist Services platform founded in 2005 by USC graduates Brandon Hance, Aaron Wiener, and Nishit Rathod. Based in Los Angeles, California, the company is currently in public beta and continues their dedication to empowering artists through new technology solutions.

About Mr. Dave Berkus

Mr. Dave Berkus has formed, managed, and sold successful businesses in the entertainment and software arenas, and has obtained healthy returns from liquidity events in over a dozen investments in early-stage ventures. He was recently named "Director of the Year" for his efforts with over forty companies in the past decade, is Chairman Emeritus of the Tech Coast Angels, and serves as a Trustee of his alma mater, Occidental College.

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