Loudeye Granted Patent for Digital Encoding Technologies
June 20 2005 - 7:05AM
PR Newswire (US)
Loudeye Granted Patent for Digital Encoding Technologies SEATTLE,
June 20 /PRNewswire-FirstCall/ -- Loudeye Corp. (NASDAQ:LOUD), a
worldwide leader in business-to-business digital media solutions,
today announced that it has been granted U.S. Patent Number
6,873,877 B1 entitled Distributed Production System for Digitally
Encoding Information. The patent covers, among other things, a
method and system for encoding digital information. "This patent is
an important addition to our intellectual property portfolio and is
a sign of our commitment to developing leading edge technologies
and processes for our customers," said Ron Stevens, Loudeye's chief
operating officer and chief financial officer. 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/. 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 feasibility of new
technologies; adverse or uncertain legal developments with respect
to the patent; 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/. These are among the primary
risks we foresee at the present time. Loudeye assumes no obligation
to update these forward-looking statements. DATASOURCE: Loudeye
Corp. CONTACT: media, Karen DeMarco of mPRm Public Relations,
+1-323-933-3399, or , for Loudeye Corp.; or investors, Michael
Dougherty of Loudeye Corp., +1-206-832-4000, or Web site:
http://www.loudeye.com/
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