Business Services Industry
Preview Systems' Digital Music Distribution Solution Adds Support for MusicMatch Jukebox; ZipLock System Lets MusicMatch Users Access and Enjoy Secure Music Content
Business Wire, July 5, 2000
Business Editors
SUNNYVALE, Calif.--(BUSINESS WIRE)--July 5, 2000
Preview Systems' (Nasdaq:PRVW) ZipLock for Music distribution platform is adding support for the award-winning MusicMatch Jukebox(TM) software.
Through a joint collaboration, MusicMatch Inc. can now distribute a plug-in that allows the MusicMatch Jukebox to interface with the Preview Systems ZipLock Music System. In addition, MusicMatch now has the right to distribute the Preview Systems Music License Manager, a client application that works with the MusicMatch Jukebox to facilitate secure music distribution to consumers.
Preview Systems ZipLock for Music System, which supports Digital Rights Management (DRM) technologies from Microsoft and Intel, now integrates with MusicMatch's industry-leading jukebox, which enables the playback of secure music content. The MusicMatch Jukebox, which is available for free download at www.musicmatch.com, is currently the most actively used all-in-one jukebox software program that lets users record, organize, discover, download and play digital music (a).
"When major-label music becomes available for download on the Internet, we want to give MusicMatch Jukebox users easy and immediate access to that content," said Bob Ohlweiler, senior vice president of Business Development of MusicMatch Inc. "The Preview platform integrates easily with our existing software infrastructure and allows us to offer an easy way for digital music consumers to acquire and play secure music content."
"Digital music fans have chosen the MusicMatch Jukebox because it offers a range of features and is easy to use, making their digital music experience more enjoyable," stated Vincent Pluvinage, CEO of Preview Systems. "By adding support for the MusicMatch jukebox to the ZipLock for Music architecture, buying and playing secure music becomes easier because the end user can use his favorite jukebox application with any of the rights management and formats we support."
Preview Systems' digital music e-commerce infrastructure solution provides music labels, digital service providers, distributors and retailers with a common foundation for working with multiple CODEC, digital rights management (DRM) and music player technologies. This flexible platform allows each participant greater choice when determining the technology that will be employed for digital product distribution.
Additionally, the Preview platform supports most portable music devices that play secure music delivered in Windows Media Format, the Smart Media (SD) format and the Memory Stick (OpenMG) format.
About MusicMatch Inc.
Founded in 1997, with headquarters in San Diego, MusicMatch Inc. (www.musicmatch.com) develops digital audio software that makes it easy for people to play, find and acquire the music they want anytime, anywhere. The company's award-winning MusicMatch Jukebox is one of the world's most popular and celebrated digital audio programs. MusicMatch Jukebox is used by more than six million digital music fans worldwide and is MetaTrust(tm) certified by InterTrust.
Significant investors in MusicMatch include Redpoint Ventures, Intel Capital and Thomson Multimedia. Thomson ranks No. 1 in sales of consumer electronics in the United States and co-developed the MP3 technology with Fraunhofer IIS.
About Preview Systems
Preview Systems enables the secure electronic commerce of digital goods, such as software and music, by providing an Internet-based infrastructure that connects software publishers and record labels to their channel partners and customers. The company provides an infrastructure for secure digital distribution of content that bridges multiple formats and multiple DRM technologies. Preview Systems' platform also incorporates protection, delivery and management of the rights associated with the usage of digital goods.
With headquarters in Sunnyvale, Calif., Preview Systems technology is used by a network of software publishers, record labels, distributors, service providers, resellers and hardware manufacturers. Preview Systems is publicly traded on NASDAQ under the symbol PRVW.
More information about Preview Systems is available at www.previewsystems.com.
The statements contained in this release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934. These include statements regarding Preview's expectations, beliefs, hopes, intentions or strategies regarding the future and, in particular, growth of the digital distribution of music marketplace, deployment of the company's solution by MusicMatch and major online retailers and consumer downloads of music through the company's solution. These forward-looking statements are subject to a number of risks and uncertainties, including: the growth and acceptance of the digital distribution of music; the growth of Preview's network of record labels, distributors, service providers, retailers and hardware manufacturers; the amount of premium major-label music content available for digital download; technical challenges specific to the aforementioned and other companies' implementations of Preview's solution; and the ability of the solution to achieve desired system integration, flexibility and other expected business benefits. Actual results may differ materially due to these and other factors. The matters discussed in this news release also involve risks and uncertainties described from time to time in Preview's filings with the Securities and Exchange Commission. In particular, see the Risk Factors described in the company's annual report on Form 10-K for the fiscal year ended Dec. 31, 1999, the company's final Prospectus dated Dec. 7, 1999, for Preview's initial public offering and its news releases. Preview Systems assumes no obligation to update the forward-looking information contained in this news release.
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