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Newsroom - Clients - MCYPF
The following news and investment research items reflect some of the recent business activity for selected clients of Empire Relations Group, Inc. Additional information for investment research can be found in the featured clients section. News and investment research are for informational purposes only.
Musicrypt Inc.
Pearl Jam's "World Wide Suicide" Creates Chart History With Musicrypt's DMDS Technology
TORONTO--(MARKET WIRE)--Mar 21, 2006 -- Musicrypt Inc. (Vancouver:MCT.V - News) (Other OTC:MCYPF.PK - News), the industry's leading secure digital music distribution provider, is pleased to announce that it delivered the greatly anticipated Pearl Jam single, "World Wide Suicide," which debuted at #1 at Rock Radio across North America on Monday, March 13th.
In Canada, "World Wide Suicide" was delivered exclusively by Musicrypt's Digital Media Distribution System (DMDS) and history was made when "World Wide Suicide" became the first digitally delivered single in BDS chart history to debut at # 1 on the Rock Radio Audience chart. There were no physical hard copies of CD-SINGLES or D-PROS delivered to radio programmers, consultants or industry contacts for this major release.
The self-titled album on J RECORDS is the band's first studio release in four years and is due in stores on May 2nd. The first single was delivered across North America securely and in broadcast quality audio via Musicrypt's patented DMDS.
John Heaven, President & CEO of Musicrypt Inc., said, "The ability of DMDS to aid in promotion by rapidly and securely distributing key releases is clearly demonstrated by these ground-breaking results. The savings DMDS can deliver to the entire music industry by eliminating pre-release leaks and lowering labor, material and delivery costs is expected to be in the tens of millions of dollars."
"Pearl Jam is back on the radio in Canada like they never have been before," said Warren Copnick, Director, National Promotion, SONY BMG Music (Canada) Inc. "To make chart history as we've just done, speaks volumes about the music itself and we're honored to be associated with Pearl Jam. At SONY BMG Music (Canada) Inc., we use digital delivery via DMDS exclusively for internal and radio distribution. In fact, we have not delivered hard copies to radio here in over a year."
"With #1 Audience Chart debuts at Modern Rock, Mainstream Rock, and Heritage Rock, and #3 audience chart debuts at Active Rock, it is clear that Pearl Jam's 'World Wide Suicide' is the most important release this year at the Rock Formats," said Bill Burrs, VP Rock Music at RCA Music Group, U.S. "We are extremely pleased that a broadcast quality track combined with promotion information was delivered to radio via DMDS. The simultaneous release to radio in both the US and Canada is important for fair competitive reasons, and DMDS enables us to do this confidently."
About SONY BMG MUSIC ENTERTAINMENT:
Headquartered in New York City, SONY BMG Music Entertainment represents the following Record Labels -- Arista Records, Columbia Records, Epic Records, J Records, Jive Records, LaFace Records, Legacy Recordings, Provident Music Group, RCA Records, RCA Victor Group, RLG - Nashville, SONY BMG Masterworks, Sony Music Nashville, Sony Urban Music, Sony Wonder, and So Def Records & Verity Records.
About Musicrypt:
Musicrypt is the leading digital music distribution company, having delivered thousands of tracks to more than 2.5 million destinations.
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 (Other OTC:MCYPF.PK - News). 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.
Sarah Miller
Axis Marketing & PR
(323) 653-7800
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