Press Release

FOR IMMEDIATE RELEASE: March 16, 2007

IODA PARTNERS WITH DOWNLOADCENTRIC TO OFFER WHITE LABEL DOWNLOAD STORE SERVICE

LABELS TO SELL DIGITAL MUSIC DIRECTLY TO FANS

Industry Leading Service Integrated Directly Into IODA Dashboard

San Francisco, Toronto and Austin, TX – March 16, 2007 – IODA, the global leader in digital distribution, marketing, and technology solutions for the independent music industry, today announced that it will offer a new service that allows independent record labels to sell digital music directly to fans on label and artist websites. Several custom stores have already launched for labels, including Six Degrees Records, ABB Records, G7 Welcoming Committee Records, System Recordings and the Milwaukee Symphony Orchestra, and the company plans to begin a beta program of a quick-launch, self-service platform that is fully integrated into the IODA Rightsholder Dashboard in May. The announcement was made today from the SXSW music conference in Austin, TX.

IODA has partnered exclusively with DownloadCentric to offer this service to its label, distributor and artist clients, leveraging the comprehensive functionality of the DownloadCentric Platform to automatically create customized storefronts which facilitate worldwide direct-to-fan sales.

The service will be fully integrated into the IODA Rightsholder Dashboard, enabling IODA labels to setup, customize and configure multiple label and artist branded storefronts with easy-to-use web-based tools, all while utilizing their existing IODA digital catalog, meta-data, and marketing assets -- a first in the industry.

Labels will also be able to fully customize the look and feel of their storefronts with their label or artist branding, ensuring that they integrate seamlessly into existing websites. Alternatively, clients can choose from a gallery of existing templates which they can customize.

Selling music directly to fans offers labels numerous benefits. Labels will have greater control over their music: they will be able to set their own prices for tracks and albums, have flexible bundling options, and offer unique compilations and digital exclusives. Additionally, labels will gain quick access to detailed demographic information and will be able to maintain direct relationships with fans. The label download stores can be fully integrated into labels’ existing website stores, allowing fans to purchase digital downloads, CDs, t-shirts and other merchandise in the same shopping cart.

"We are extremely excited to be able to offer our labels a direct to consumer channel." said Tim Mitchell, Vice President of Marketing, IODA. "The integration into our existing platform will make it extremely simple and efficient, and DownloadCentric’s sophisticated platform and technical strength are a perfect match for IODA."

"Offering digital music directly to fans on the very websites where they already interact with labels and artists is a natural for independent record labels. DownloadCentric is excited to be powering IODA’s white label download store service", says Sasha Haghani, Vice President of Business Development at DownloadCentric. "Using this fully-integrated service, IODA’s 3,000+ record labels can easily and quickly setup multiple storefronts which utilize their custom-branded look and feel, with virtually no additional effort. And they can continue to use the same best-in-class IODA services they use today to manage their digital assets and receive payment. It couldn’t be easier."

Initial launch stores can be viewed at:
http://shop.sixdegreesrecords.com/
http://abb.downloadcentric.com/
http://store.g7welcomingcommittee.com/
http://download.systemrecordings.com/
http://download.mso.org/

About IODA
IODA – the Independent Online Distribution Alliance – is the industry-leading digital distribution company for the global independent music community. IODA provides comprehensive services to record labels, physical distributors, and artists, including license negotiations; media encoding and metadata management; and royalty payment administration and reporting. The company also offers promotional support through the IODA Digital Marketing division and Promonet, its promotional distribution network that provides qualified podcasts, blogs, and other promotional sites with access to pre-cleared, legal music and other promotional assets from IODA’s labels. Founded in 2003, IODA represents a rapidly expanding roster of over 800,000 tracks from more than 3,000 independent labels around the globe. The IODA catalog ranges from established classics to modern up-and-comers in all genres, including favorites such as Mac Dre, Blackalicious, Lil Jon & The East Side Boyz, London Symphony Orchestra, Jimi Hendrix, Fall Out Boy, Broken Social Scene, Cat Power, Aventura, Jamie Cullum, Heartland, Willie Nelson, Seu Jorge and Ravi Shankar . IODA distributes its client catalog to all major digital music services including the iTunes Music Store, MTV Urge, eMusic, Verizon’s V CAST, Napster, the Sprint Music Store, Virgin Mega, T-Online’s Musicload, Yahoo! Music, FNAC, RealNetworks’ Rhapsody, and over 250 other retail outlets. IODA was named one of FORTUNE magazine’s 25 Breakout Companies for 2005. The company’s web site is located at http://www.iodalliance.com.

About DownloadCentric
DownloadCentric is a leading provider of commerce software and services to the media and entertainment industries. Powered by the DownloadCentric Platform, the hosted DownloadCentric Pay & Play service enables online merchandising and sale of digital content and physical merchandise, from a single easy-to-use, white label storefront. By seamlessly integrating stores into existing websites, content and brand owners, ranging from record labels, artists and orchestras to film and television producers to print publishers, can reach their target audience and maximize their sales while retaining complete control over branding, catalog, pricing and promotions. DownloadCentric's end-to-end service and support offering includes content preparation, store customization, payment processing, end-user support, as well as marketing and promotional services, eliminating the technical effort and operational burden of running an online storefront. The company’s web site is located at http://www.downloadcentric.com.


Contacts

For IODA
Jill Mango
Jill Mango Media
201.729.1939
jill at jillmangomedia.com

For DownloadCentric
Sasha Haghani
Vice President, Business Development
DownloadCentric Corporation
416.352.1735
press at downloadcentric.com