SOURCE: Musicrypt

June 15, 2005 13:02 ET

Musicrypt's DMDS Delivers 1,000th Track to Radio

Exclusive Delivery of Mario Single for RCA Music Group to U.S. Radio Marks Milestone

TORONTO -- (MARKET WIRE) -- June 15, 2005 -- Musicrypt Inc. (TSX-V: MCT) (OTC BB: MCYPF), the industry's leading digital music distribution company, today announced the exclusive digital delivery to U.S. Radio of "Here I Go Again," the new single from J Records (RCA Music Group) artist, Mario. This track is the 1,000th song delivered to radio by Musicrypt's Digital Media Distribution System (DMDS).

DMDS has now delivered 1,000 tracks to over 400,000 destinations clearly making it the dominant, secure digital delivery system in North America.

Those 1,000 tracks have included some of the biggest names in the recording industry including such recent deliveries to U.S. radio as the highly anticipated new single "Speed of Sound" by superstar Capitol Records artist Coldplay, "Lonely No More" by Rob Thomas on Atlantic Records, "Best of You" by Foo Fighters, "American Baby" from The Dave Matthews Band, and Kelly Clarkson, all with the RCA Music Group. On Thursday May 26th at 12:22am ET, DMDS was the first to distribute the exciting release of the new single by American Idol winner Carrie Underwood to radio immediately after the winner was announced, a historic moment in American Radio. This was followed by the release of Idol runner-up Bo Bice.

"This is a huge milestone for Musicrypt as well as the entire music industry and we are excited to be able to partake in this event by delivering Mario's 'Here I Go Again' as the 1,000 track," said Adrian Moreira, VP Adult Format Promotion for RCA Music Group. "Musicrypt's DMDS is changing the way music is being delivered, faster and more securely than any other technology on the market and RCA Music Group is proud to be using it to deliver music."

With the music industry revenues exceeding $30 billion today, Musicrypt has worked closely with its customers to develop user-friendly technology that securely delivers broadcast quality music to its recipients. Hit songs by virtually every major superstar artist have been sent to radio via DMDS. The list includes: U2, Usher, Michael Buble, Norah Jones, Shania Twain, Britney Spears, 3 Doors Down, Avril Lavigne, Alicia Keys, Nickelback, Christina Aguilera, Evanescence, Green Day, Gwen Stefani, Hoobastank, Jet, Foo Fighters, K-OS, Maroon 5, Robbie Williams, Sarah McLachlan, R. Kelly, Seal, SUM 41, Sting, and The White Stripes.

"We are thrilled the record labels have entrusted us with so many of their valuable new releases. The fact that we have not had a single leak is quite remarkable and a testament to the strength of our DMDS technology," said John Heaven, President and CEO of Musicrypt. "In a relatively short time we have made great progress in improving the way the record and radio industries handle new music releases."

Musicrypt launched into the United States music and broadcast markets in March with the support and partnership of industry leader, Billboard Radio Monitor (VNU/AEX) and the endorsement of Clear Channel Radio (NYSE: CCU). This was followed in April with the recommendation and endorsement of XM Satellite Radio.

Musicrypt's Digital Media Distribution System (DMDS) 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 OTC BB: MCYPF. For more information on Musicrypt, please visit www.musicrypt.com

About RCA Music Group:

The RCA Music Group which includes J Records, RCA Records, and Arista Records is a unit of Sony BMG and is home to such artists as Christina Aguilera, the Foo Fighters, Maroon 5, Sarah McLachlan, Avril Lavigne, Gavin Degraw, and Carlos Santana. BMG is the global music division of Bertelsmann AG, one of the world's leading media companies. In addition, BMG's Music Publishing operations are the third largest in the world.

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

  • PR Contact for Musicrypt
    Sarah Miller
    Axis Marketing & PR
    (323) 653-7800
    Email Contact