Musicrypt Inc.
OTC Bulletin Board : MCYPF
TSX VENTURE : MCT

Musicrypt Inc.

July 11, 2005 06:50 ET

Musicrypt Launches DMDS Version 3.0

TORONTO, ONTARIO--(CCNMatthews - July 11, 2005) -

State-of-the-Art System Delivers Advanced Integration, Reporting and Security Features

Musicrypt Inc., (TSX VENTURE:MCT)(OTCBB:MCYPF), the industry's leading digital music distribution company today announced the launch of DMDS V3.0, which adds new software integration capabilities and heightened security measures to its Digital Media Distribution System (DMDS).

The new version includes advanced auto registration and user preferences, enhanced rights system, email notifications, a new expanded reporting module and more robust internationalization features for end-users. Musicrypt's V3.0 has overall faster performance and provides the ability to create, stream, and download entire playlists and provides entire library search capability.

"DMDS Version 3.0 is the culmination of several months of development and I am very proud of our team for delivering these advancements, many of which were suggested by our customers," said Wojtek Hoch, Musicrypt's Vice President of Technology. "This next generation expands our lead over competitors and sets a whole new standard for digital delivery."

Musicrypt is partnered with Billboard Radio Monitor, and endorsed by Clear Channel Radio, the largest radio broadcaster in the United States. Additionally, XM Satellite has endorsed DMDS for promotional digital delivery to all XM programmers. Musicrypt is the leading digital music distribution company delivering over 1100 tracks to more than 450,000 destinations worldwide.

"Musicrypt's DMDS delivers portable, 'on-the-fly', secure music distribution to broadcasters and radio stations around the world with complete control and reporting," said Peter Diemer, Vice President Sales & Marketing for Musicrypt. "This has the significant benefit to both labels and broadcasters to get the latest music releases out without delay or distribution hassles."

Musicrypt's Digital Media Distribution System (DMDS) is rapidly registering radio stations throughout the U.S. and is currently installed at stations representing 35 broadcast chains in the United States, including Clear Channel Radio, Infinity Broadcasting, Cox Radio, Cumulus, Citadel Communications, Emmis Communications, DMS, NPR, Next Media, Rocket City Broadcasting, Sinclair Communications, XM Satellite Radio and Sirius.

About Musicrypt:

Musicrypt's patented Digital Media Distribution System (DMDS) is the leading secure B2B digital delivery solution for the music industry. DMDS is a web-based delivery system that pioneers secure digital file distribution by incorporating biometrics, high-value encryption and watermarking. The first application of DMDS replaces the physical distribution of new musical recordings by record companies from the studio, internally, and to radio stations with more secure, more effective and less costly digital distribution of broadcast quality media via the Internet. Musicrypt trades on the TSX Venture Exchange (TSX-V) under the symbol MCT and in the U.S. under OTCBB: MCYPF. For more information on Musicrypt, please visit www.musicrypt.com

The statements contained in this release that are not purely historical are forward-looking statements and are subject to risks and uncertainties that could cause such statements to differ materially from actual future events or results. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.


Contact Information