Musicrypt Signs Three New Independent Music Customers
Digital Delivery Now Available to the Independent Record Industry Across
Canada With DMDS
TORONTO, Feb. 9 /CNW/ - Musicrypt Inc., (TSX-V: MCT, OTCBB:MCYPF), the
industry's leading digital music distribution company, today announced that it
has entered into agreements with three new customers to use its patented
Digital Media Distribution System (DMDS) to securely distribute independent
music to radio, press, music publishers, booking agents, promoters and other
destinations including U.S. radio.
Spincycle, a division of Frontside Promotions, based in Vancouver; Canada
Disc and Tape, based in Calgary with offices in Edmonton and Saskatoon; and
I2R, based in Montreal, will join with RDR Music Group and CIRPA to provide
extensive access to DMDS for the vibrant and growing independent music sector
in Canada.
"We are pleased to welcome these quality organizations. Having them on
board will help us realize our goal of making DMDS available to everyone who
wants to use this invaluable tool," said Cliff Hunt, Chairman and co-founder
of Musicrypt. "As a previous independent label owner, I would have loved to
have been able to deliver my music to North American radio on the same level
playing field as the major labels. These are all revenue generating deals, and
the independent sector is expanding and will continue to grow in numbers and
influence."
Musicrypt's Digital Media Distribution System (DMDS) has delivered over
3,000 songs to over 2 million destinations throughout North America, clearly
making it the dominant secure digital delivery system. Musicrypt is partnered
in the U.S. with industry leaders Billboard Radio Monitor and Nielsen BDS
(VNU/AEX), as well as Hit Predictor, and is endorsed by Clear Channel Radio
(NYSE:CCU) and XM Satellite Radio (NASDAQ:XMSR). Major Canadian broadcast
chains representing 100% of all chart monitored radio stations use DMDS,
including Canada's three largest broadcasters, Standard Radio, Corus Radio and
Rogers Media Broadcasting on an exclusive basis. Musicrypt's DMDS is the
digital distribution system of choice by the Canadian Music Industry including
SONY BMG Music, EMI Music, Universal Music and Warner Music.
About Musicrypt:
Musicrypt's patented Digital Media Distribution System (DMDS) is the
leading secure B2B digital delivery solution for the music industry. DMDS is a
web-based delivery system that pioneers secure digital file distribution by
incorporating biometrics, high-value encryption and watermarking. The first
application of DMDS replaces the physical distribution of new musical
recordings by record companies from the studio, internally, and to radio
stations with more secure, more effective and less costly digital distribution
of broadcast quality media via the Internet. Musicrypt trades on the TSX
Venture Exchange (TSX-V) under the symbol MCT and in the U.S. under
OTCBB:MCYPF. For more information on Musicrypt, please visit www.musicrypt.com
The statements contained in this release that are not purely historical
are forward-looking statements and are subject to risks and uncertainties that
could cause such statements to differ materially from actual future events or
results. Such forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. The TSX
Venture Exchange does not accept responsibility for the adequacy or accuracy
of this release.
Arts, Culture and Music-related links:
Find songs from Blue Pie acts on the Hurricane Healing music for charity CD, to benefit the victims of the Katrina hurricane damage affecting Louisiana, Mississippi, Alabama and region:
HurricaneHealing.us
Blue Pie artist Yuya is being featured at StayAround.com:
StayAround.com Yuya Music
Hear Southpaw, Dean Vegas, Inflight, Ian Miller and Chris Wilson plus other musicians and bands from the HurricaneHealing.us music for charity cd project explain why they are involved in this noble effort, at the hot new video website YouTube.com
Blue Pie Productions singer Trishaa featured on her cd cover.
BarryCrocker.net
Sahra.com.au
Scoldees.com
SouthpawMuzik.com
TommeeMusic.com
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