SOURCE: Musicrypt

May 31, 2005 07:00 ET

RCA Delivers American Idol Winner, Carrie Underwood and Runner Up Bo Bice, Through Musicrypt's DMDS First

Musicrypt's DMDS Is First to Deliver American Idol Songs Into North American Broadcast Market

TORONTO -- (MARKET WIRE) -- May 31, 2005 -- Musicrypt Inc. (TSX-V: MCT) (OTC BB: MCYPF), the industry's leading developer of user-friendly and secure music distribution, today announced that RCA Music Group chose Musicrypt's Digital Music Distribution System (DMDS) to be the first to deliver the hit songs from the new American Idol winner, Carrie Underwood, and runner up, Bo Bice. Nearly 30 million viewers tuned in to see the American Idol season finale capping the most watched season yet for prime-time.

American Idol, Carrie Underwood's version of "Inside Your Heaven" was the first song to be delivered for immediate download and airplay on Thursday, May 26, 2005, at 12:28 AM ET by RCA Music Group through DMDS. Runner up, Bo Bice's version was delivered for preview on Thursday, May 26, 2005, at 4:55 PM ET, and was made available for download at exactly 5:00 PM ET via DMDS as well.

"RCA used Musicrypt's DMDS first to deliver these long-anticipated American Idol finale songs for instantaneous delivery to broadcasters and the listening public," said Adrian Moreira, VP Adult Format Promotion for RCA Music Group. "The fact that we can distribute music internally to our own staff, our sister company in Canada, as we did with these singles, at the exact same time, proves that Musicrypt is the premier digital music distribution system in the music industry."

Musicrypt's Digital Media Distribution System (DMDS) is the leading digital music distribution system in North America, currently delivering over 950 tracks to more then 400,000 destinations.

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 Musicrypt's DMDS for promotional digital delivery to all XM programmers.

"Being the first to release songs by such well-known artists, especially from 'American Idol,' is a testament to Musicrypt's leadership to deliver quality digital music into the market," stated Peter Diemer, Vice President of Marketing & Sales for Musicrypt.

Musicrypt's patented Digital Media Distribution System (DMDS) is an easy-to-use, Web-based system that requires no expensive software or hardware. DMDS delivers music simultaneously to all intended destinations and is available 24/7. Its advanced technology allows record labels and broadcasters to control the delivery, receipt and use of their music. Musicrypt delivers broadcast-quality files with the option to send uncompressed linear files to all recipients.

With the music industry revenues exceeding over $30 billion today, Musicrypt has worked closely with its customers to develop user-friendly technology that securely delivers broadcast quality music to its recipients. Musicrypt has completed over 400,000 deliveries of over 950 tracks from today's hottest music chart toppers, such as: U2, Usher, Michael Bublé, Norah Jones, Shania Twain, Britney Spears, 3 Doors Down, Avril Lavigne, Alicia Keys, Nickelback, Christina Aguilera, Coldplay, Dave Matthews Band, Evanescence, Green Day, Gwen Stefani, Hoobastank, Jet, Foo Fighters, K-OS, Maroon 5, Robbie Williams, Sarah McLachlan, R.Kelly, Seal, SUM 41, Sting, The White Stripes, and Tim McGraw.

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.

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.

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.

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