Loudeye Deploys Coding Technologies aacPlus Into its Mobile Music Platform
April 20 2005 - 3:05AM
PR Newswire (US)
Loudeye Deploys Coding Technologies aacPlus Into its Mobile Music
Platform MPEG-4 aacPlus Provides High Quality Cross-Platform
Support for PCs and Mobile Phones SEATTLE and MOUNTAIN VIEW,
Calif., April 20 /PRNewswire-FirstCall/ -- Loudeye Corp.
(NASDAQ:LOUD), a worldwide leader in business-to-business digital
media solutions, and Coding Technologies announced today that
Loudeye is deploying Coding Technologies MPEG-4 aacPlus audio
format into its mobile music platform as an option for operators
worldwide. By adding support for the high quality aacPlus audio
format and OMA 2.0 digital rights management on PCs and mobile
phones, the Loudeye mobile music platform will support an even
wider number of mobile phones and devices. Through a strategic
collaboration with Nokia, the Loudeye mobile music platform will
enable operators to launch music experiences for their consumers
under the operator's brand. By licensing the aacPlus audio format
from Coding Technologies, Loudeye helps operators offer their
consumers access to music on both the handset and the PC. "Our goal
is to enable operators to deploy a mobile music service platform
that can build incremental revenue and allow them to enhance
branding throughout the entire music process," said Jonas Geust,
vice president, Music, Nokia. "By working closely with Loudeye and
leveraging Coding Technologies aacPlus, we can offer a dynamic
service with the best technologies -- helping operators deliver
compelling consumer music experiences." Loudeye's mobile music
platform is designed to allow users to browse, search, listen, and
download either to the device or the user's PC, full length songs
and RingTunes (MasterTones) using an operator branded music
application on their mobile device. Customers can also use their
personal computer and an operator customized PC client based on
Microsoft Windows Media Player to access the music shop via the
Internet. Additionally, users can synchronize their PC music
collection with their mobile device. "We are committed to ensuring
our partners have access to a wide range of technologies and audio
formats available for their consumer solutions," said David
Hostetter, vice president of program management, Loudeye Corp. "The
addition of aacPlus represents our commitment to integrating
efficient formats into Loudeye's music platform so partners can
ship cost effective solutions that meet the rising consumer
demands." "A unified experience is key across both mobile and PCs,"
said David Frerichs, vice president and US general manager, Coding
Technologies. "By adding aacPlus and OMA 2.0 to a customized
version of Windows Media Player, Nokia and Loudeye have ensured
that customers can enjoy the same tracks at the same quality at
work, at home, and on the go." About Loudeye Corp. Loudeye is a
worldwide leader in business-to-business digital media solutions
and the outsourcing provider of choice for companies looking to
maximize the return on their digital media investment. Loudeye
combines innovative products and services with the world's largest
digital music archive, a broad catalog of licensed digital music
and the industry's leading digital media infrastructure enabling
partners to rapidly and cost effectively launch complete,
customized digital media stores and services. For more information,
visit http://www.loudeye.com/. About Coding Technologies Coding
Technologies provides the best audio compression for mobile,
broadcasting, and Internet. SBR(TM) (Spectral Band Replication)
from Coding Technologies and Parametric Stereo from Coding
Technologies and Philips are backward and forward compatible
methods to enhance the efficiency of any audio codec; putting the
"Plus" in aacPlus. Products from Coding Technologies are
fundamental enablers of open standards such as MPEG, 3GPP, Digital
Radio Mondiale and DVB. Coding Technologies is a privately held
company with offices in Sweden, Germany, and Silicon Valley.
Founded in 1997 in Stockholm, the company later merged with a
spin-off of the renowned Fraunhofer Institute in Germany, the
inventor of MP3. Coding Technologies' customers include America
Online, Ericsson, iBiquity Digital, KDDI, mmO2, Nokia, Qualcomm,
RealNetworks, SK Telecom, Texas Instruments, Vodafone, and XM
Satellite Radio. Forward Looking Statements This release contains
forward-looking information within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements are
based on current estimates and actual results may differ materially
due to risks, including the possibility of adverse changes in the
market for distribution of digital audio and video that Loudeye
serves; adverse or uncertain legal developments with respect to
copyrights surrounding the creation and distribution of digital
content; pricing pressures and other activities by competitors; the
failure of Loudeye's hosting infrastructure; the complexity of
Loudeye's services and delivery networks; any problems or failures
in the structure, complexities or redundancies of Loudeye's network
infrastructure; failures in third party telecommunication and
network providers to provide required transmission capacity; lack
of market acceptance for Loudeye's products and services; the
possible delay in the adoption of digital media or related
applications on the web in general; and other risks set forth in
Loudeye's most recent Form 10-Q, Form 10-K and other SEC filings
which are available through EDGAR at http://www.sec.gov/. Loudeye
assumes no obligation to update the forward-looking statements.
DATASOURCE: Loudeye Corp. CONTACT: media, Karen DeMarco of mPRm,
+1-323-933-3399, or , or in Europe, Chris Owen of Trimedia
Communications UK, +44 (0)207 471 6851, or +44 (0)7970 933 680, ,
both for Loudeye Corp.; or investors, Mike Dougherty of Loudeye
Corp., +1-206-832-4000, or Web site: http://www.loudeye.com/
Copyright
Loudeye (NASDAQ:LOUD)
Historical Stock Chart
From Jun 2024 to Jul 2024
Loudeye (NASDAQ:LOUD)
Historical Stock Chart
From Jul 2023 to Jul 2024