RioPort Licenses Media Device Manager and Audio Manager Jukebox Software to Human Information Technology for New C@MP MP3 Players

Business Wire, July 24, 2000

Business/Entertainment Editors & High-Tech/Music Writers

SAN JOSE, Calif.--(BUSINESS WIRE)--July 24, 2000

RioPort Inc., a leading Internet music application service provider (ASP), today announced that Human Information Technology Co. Ltd. (HIT) will utilize RioPort's advanced technology solutions and software with its new cassette-type MP3 player, the C@MP CP-UF64, expected to launch in late July.

RioPort's Media Device Manager and RioPort Audio Manager jukebox software provide a common interoperable standard that allows users to seamlessly transfer music tracks in multiple file formats from the Internet for playback on their portable devices.

"We are pleased to include HIT and the unique C@MP player to our growing list of portable device partners who are utilizing RioPort's advanced digital audio solutions," said Anthony Schaller, senior vice president and chief technology officer at RioPort Inc.

A new concept of MP3 player, the C@MP CP-UF64 is a cassette-type device that works as either a stand-alone portable player or can be used with most home and auto cassette players. The player utilizes a USB interface for fast downloads from a PC, and it can play up to nine hours of music before its battery needs recharging.

"Incorporating RioPort's advanced Media Device Manager and the popular RioPort Audio Manger software to our C@MP MP3 player will deliver the most easy-to-use and innovative digital audio experience to our customers," said Doo Yeal Lee, chief executive officer at HIT Ltd.

RioPort's Media Device Manager

RioPort's MDM technologies are software and engineering services that allow music appliance manufacturers to better enable their products for the Internet and its variety of file formats, security schemes and PC applications.

About HIT

HIT (Human Information Technology Co. Ltd.), a digital audio content venture enterprise, was founded in 1993. Started as a small software developing company in Korea, HIT has grown rapidly and aggressively in the past 10 years. Today, HIT developed the unique features of the cassette-type MP3 Player "C@MP" and the world's first cyber network Jukebox, "Music Plu.s"

About RioPort Inc.

RioPort Inc. is a leading music/audio ASP providing e-tailers with industry-standard solutions for selling music and spoken audio content to consumers in a simple and secure manner. RioPort's distribution partners include the MTVi Group, House of Blues, Ministry of Sound and others. RioPort is backed by Oak Investment Partners, Vulcan Ventures, S3 Inc., Mitsubishi Corp., EMC Corp. and Quantum Corp.