New `One-Click' Utility to Provide Seamless Transition for Former Morpheus Users To KaZaA Media DeskTop v1.5; Migration Tool is Simple and Quick

Business Wire, March 1, 2002

Business Editors

LOS ANGELES--(BUSINESS WIRE)--March 1, 2002

The KaZaA Media DeskTop Migration Tool provides the perfect solution to all former Morpheus users by offering user-friendly access to the number one p2p software application. The unique new Migration Tool allows former Morpheus users to transfer their user name and file location settings from Morpheus to the recently released KaZaA Media DeskTop v1.5. Users can quickly and intuitively click through this simple process by visiting KaZaA.com or CNET's download.com.

"Many users have already transferred from Morpheus to KaZaA Media DeskTop not only because KaZaA Media DeskTop v1.5 is the number one p2p software, but also because they have quickly realized that KaZaA Media DeskTop gives them all Morpheus did, and much more," said Nicola Hemming, CEO. "Our focus has always been on optimizing the user's experience. We are providing a means for former Morpheus users to maintain their old user names and files and be up and running in a few minutes with an interface that they are familiar with."

The popular KaZaA Media DeskTop v1.5 offers added features such as a new recommendation function that lets users obtain suggestions from other KaZaA Media DeskTop users with similar preferences, a faster search function, and improved security and privacy. This latest version set a record for peer-to-peer software, with 2,244,608 downloads during the week ending February 17, 2002 (the first week it was available), and is already on course to exceed this number by the end of this week.

KaZaA.com, the website which distributes the KaZaA Media DeskTop continuously, welcomes more than four million visitors a day. The KaZaA Media DeskTop has been downloaded more than 42 million times to date.

About KaZaA

The popular KaZaA Media DeskTop software, the leading peer-to-peer file transfer application that allows users to search, download, organize and interact with a variety of files, is distributed from the KaZaA.com website. KaZaA Media DeskTop and KaZaA.com are owned and operated by privately held Sharman Networks Limited who provide distributed computing software applications that are pioneering the digital revolution.

About Sharman Networks Limited

Sharman Networks Limited is a consortium of private investors with multimedia interests. Founded to pursue opportunities relating to new Internet-based technologies, Sharman owns and operates KaZaA.com and distributes the popular KaZaA Media DeskTop software. Sharman is a worldwide operation, based in Australia, with offices in Europe.