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DGAP-Ad hoc: musicmusicmusic inc. english = - 500 Beiträge pro Seite


WKN: 925475

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Ad hoc announcement processed and transmitted by DGAP. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------------

MUSICMUSICMUSIC INC SIGNS ON-DEMAND AGREEMENT WITH KOCH ENTERTAINMENT

New York, New York July 31, 2001. musicmusicmusic inc announced today the signing of an agreement with Koch Entertainment, whereby tracks from the Koch Entertainment catalogue of music will be available for On-Demand play at RadioMOI.com, the web radio site of musicmusicmusic inc.

Koch is one of the largest and most important independent record companies in the world, with product that includes the upcoming new releases from RZA, Onyx, Lil` Troy, Ringo Starr, and current releases from KRS-One, Stabbing Westward, Slash`s Snakepit, the WWF and a number of major motion picture soundtracks (Boys Don`t Cry, American Psycho, The Crow: Salvation, and several Pokemon soundtracks.) Included under the KOCH umbrella of labels are KOCH Jazz, KOCH Kids, KOCH Reissues and hip-hop via its subsidiary label In The Paint which was recently nominated for R&B/Hip-Hop Independent Label of The Year by Billboard Magazine.

Phil Lubman, spokesman for musicmusicmusic, says "the addition of Koch Entertainment to our On-Demand site is an important event as it shows the forward-thinking spirit of Koch to realize that the future of web radio is with the On-Demand format listening to what you want when you want. We are extremely pleased to offer our listeners this wonderful catalogue of music that will satisfy lovers of all genres and tastes."

musicmusicmusic inc. is a music content provider. The Company`s main asset is a digital, high-quality music database that delivers near-CD quality sound through MP3-streaming technology. The Company`s showcase product is the interactive Internet radio station www.RadioMOI.com providing "Music On Internet." In addition to the RadioMOI, this multi-media company has four other B2B product lines: the Web Bar Listening Post, a technologically-advanced music preview system; Broadcast Services, providing turn-key solutions including broadcast quality music files for the music database needs of radio stations and broadcast groups; Industrial Sound Services, providing custom music programs to businesses over the Internet; and The Solutions Group (TSG), providing hardware, software, programming and consulting services to music industry businesses including franchise operators and other third party customers.

musicmusicmusic inc. is a publicly traded company on the Neuer Markt of the Frankfurt Stock Exchange. The trading symbol is MU5.

CONTACTS: musicmusicmusic inc. Phil Lubman (416) 537-2165 phil@musicmusicmusic.com

end of ad hoc announcement (c) DGAP 01.08.2001

Issuer`s information/explanatory remarks concerning this ad hoc announcement:

Certain statements in this release regarding the company`s expectations, estimates, present view of circumstances or events, and statements containing words such as estimates, anticipates, intends, and expects, or words of similar import, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements indicate uncertainty and the company can give no assurance with regard to actual outcomes. Specific risk factors may include, without limitation, the company`s inability to sell its products and services, possible downturns in business conditions, increased competition and timely deployment of company resources.

Company securities are traded on the Neuer Markt of the Frankfurt Stock Exchange under the exemption from U.S. securities laws as provided by Regulation S of the Securities Act of 1933, as amended. -------------------------------------------------------------------------------- WKN: 925475; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart

010802 Aug 01



Autor: DGAP import (),08:06 01.08.2001



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