FullAudio Appoints Michael Fischer as VP Content and Programming and Thomas Leavens as VP Legal and General Counsel

Business Wire, Oct 30, 2000

Business/High-Tech Editors, Entertainment Writers

CHICAGO--(BUSINESS WIRE)--Oct. 30, 2000

Music Subscription Service Company Continues to Attract Music Industry

Veterans to Its Growing Management Team

FullAudio, the music service company that provides subscribers with on-demand access to a comprehensive library of music, today appointed music industry veterans Michael Fischer and Thomas Leavens to the company's senior management team.

Michael Fischer assumes the role of Vice President Content and Programming, and Thomas Leavens serves as Vice President Legal and General Counsel. Both Fischer and Leavens bring extensive music industry experience to the company, much like the FullAudio's current management team, which continues to attract respected industry insiders.

Michael Fischer is an award-winning radio programmer who brings over 20 years of broadcasting insight to FullAudio. As VP Content & Programming, Fischer will be responsible for the development, creation and acquisition of original music and editorial content for FullAudio. Fischer will also produce genre-specific music preview channels for the service, as well as custom subscription packages.

Fischer served as Director of Programming at SW Network, a joint venture between Sony Software and Time Warner, where he spearheaded the launch of a 24 hour satellite radio format, created and developed online content and promotional strategies and a nationally syndicated radio program. He has developed content for FM Kobe/Japan and in-flight programming for airlines, including Air France. Fischer has served in senior positions at top-rated radio stations in Chicago, Dallas and San Diego, and has been the recipient of numerous awards from Billboard magazine, Radio & Records, and The Gavin Report. Prior to joining FullAudio, Thomas Leavens was Senior Executive Vice President and General Counsel of Platinum Entertainment, Inc., since the time of its start-up as a recording studio in 1992. Leavens served as the Chief Operating Officer of Platinum Entertainment from 1992, its IPO in 1996, and through 1998, and, during his tenure, Platinum Entertainment grew to become one of the largest U.S.-based independent record companies.

Before Platinum, Mr. Leavens was a partner in the law firm McBride, Baker, & Coles in Chicago, where his practice included transactions, counseling and litigation in entertainment and intellectual property. He has received numerous awards, including the first Thomas R. Leavens Award, presented by Lawyers for the Creative Arts, for contributions to law and the arts in Chicago. Mr. Leavens has a J.D. degree from Wayne State University Law School and a B.A. degree in Social Studies from the University of Michigan.

"Michael and Thomas are key new members of our team and we are pleased to have attracted executives with their level of industry experience and talent," said Chris Gladwin, President and CEO of FullAudio. "As the digital music revolution progresses, both will be instrumental in keeping FullAudio ahead of the curve and shaping our growth and development."

About FullAudio

FullAudio, Inc. is a next-generation music and technology company, developing a personal music service aimed at providing consumers with a totally new digital music experience. The FullAudio service delivers diverse content from the industry's leading record labels and other music resources, and is used in conjunction with the FullAudio platform, which enables consumers to extend digital music beyond the PC. Founded in April 1999, FullAudio is located in Chicago and New York, and is backed by leading venture capital firms and private investors, including Kettle Partners, New Enterprise Associates, and Venture Strategy Partners.