Roxio to Provide CD Burning Technology for pressplay Music Subscription Service
Milpitas, California - (December 11, 2001) - Roxio, Inc. (Nasdaq: ROXI), the Digital Media Company, announced today it has been chosen to provide CD recording capabilities for pressplay's music subscription service.
In addition to providing CD burning technology for pressplay, Roxio will be a pressplay affiliate, offering consumers digital music on 'Roxio pressplay'. As an affiliate, Roxio will introduce its
customers to 'Roxio pressplay' through Roxio's web site, http://www.roxio.com,
advertising programs, retail products and other marketing promotions.
Pressplay plans to launch its service in the United States before
the end of the year through Roxio and other affiliates, including
MP3.com, MSN and Yahoo!. Pressplay will enable its members to stream,
download and burn music. Pressplay's vast online catalog will include
music from the world's three largest music companies and numerous
"We are excited that pressplay has chosen Roxio to provide
their CD recording functionality," said Chris Gorog, president
and chief executive officer of Roxio. "Pressplay is building
a path to the future which will allow consumers to experience a
new way of enjoying music. Roxio prides itself in its forward-looking
approach to the market and we are proud to be part of this compelling
"Pressplay is dedicated to building and offering a service
to move the music listening experience forward for music fans,"
added Andy Schuon, president and CEO of pressplay. "Roxio's
brand is recognizable to consumers and its technology is the market
leader. Working with Roxio lets our subscribers know that they are
using proven and innovative technology."
Roxio uses a basic CD burning plug-in to burn content to CD at
4X speed. Customers who want to burn at full speed, up to 24X, will
be able to purchase a premium CD burning plug-in, available from
Roxio, within the service. Customers who want more burning functionality,
such as photos and video, can upgrade to Roxio's full-featured Easy
CD Creator 5 Platinum software package available at http://www.roxio.com
or at local computer retail outlets. Pressplay customers who already
own Roxio's Easy CD Creator 5 Platinum will be able to burn CDs
at full speed when using the pressplay service. The Roxio CD burning
functionality in pressplay will be available in all versions of
the pressplay service, regardless of which affiliate the consumer
Pressplay is an equally held joint venture between Sony Music Entertainment
and Universal Music Group (a unit of Vivendi Universal), and has
offices in New York City and Los Angeles. Music companies, including
EMI Recorded Music, Sony Music Entertainment, Universal Music Group,
Madacy, Matador, Navarre, OWIE, Razor & Tie, Roadrunner, Rounder
and Sanctuary, separately provide their music to pressplay on a
non-exclusive basis. Pressplay will be available to consumers through
affiliate relationships with MP3.com, MSN, Roxio and Yahoo!. An
independent executive team with deep music, programming, and technology
and business experience leads the company.
Safe Harbor Statement
The matters discussed relating to Roxio in this press release,
in particular matters related to Roxio's OEM relationships, include
forward-looking statements that are subject to certain risks and
uncertainties, including delays in product development, competition
in the software industry, and failure to maintain OEM relationships,
that could cause actual results to differ materially from those
projected. Additional information on these and other factors are
contained in Roxio's reports filed with the Securities and Exchange
Commission (SEC), including the Company's Annual Report on Form
10-K as filed with the SEC on July 1, 2002 and Quarterly Report
on Form 10-Q as filed with the SEC on November 13, 2002, copies
of which are available at the website maintained by the SEC at http://www.sec.gov.
Roxio assumes no obligation to update the forward-looking statements
included in this press release.
Roxio, a division of Sonic Solutions, develops and markets the best-selling digital media software in the world. Roxio offers
award-winning software products for CD/DVD burning, photo editing and video editing and has an installed base of over 150 million
users. Roxio distributes its products globally through strategic partnerships with major hardware manufacturers, through leading
retailers, through Internet partnerships and through direct sales at www.roxio.com. Roxio's
parent company, Sonic Solutions (NASDAQ: SNIC;
http://www.sonic.com) is the leader in digital media software and provides a broad range of software
tools and applications for creative professionals, business and home users and technology partners. Sonic's products range from professional
DVD authoring systems and interactive content delivery technologies that are used to produce the majority of Hollywood movies released on DVD,
to the award-winning Roxio- and Sonic-branded CD and DVD creation, playback and backup applications that have become the premiere solutions
for consumers and business users worldwide. Sonic's AuthorScript® is the de facto standard for CD and DVD burning and formatting and has
been licensed by major software and hardware manufacturers, including Adobe, Broadcom, Microsoft, Scientific-Atlanta, Sony, and many others.
Sonic Solutions is headquartered in Marin County, California.
Sonic, the Sonic logo, Sonic Solutions, Roxio, MyDVD, CineMagic, Plug & Burn, LiveShare, Roxio Easy Media Creator, and
AuthorScript are trademarks or registered trademarks of Sonic Solutions or its subsidiaries in the United States and/or other
countries. Dolby is a trademark of Dolby Laboratories. All other company or product names are trademarks of their respective
owners and, in some cases, are used by Sonic Solutions under license. Specifications, pricing and delivery schedules are subject
to change without notice.