MCY Music Launches Website

Posted on December 19, 1998

MCY Music will launch its website at the 1999 MIDEM conference in Cannes, France on January 24. The site will allow consumers to select, record and purchase music and music related products as well as access web broadcasting of live events, interviews, articles and reviews. MCY.COM will utilize a ground breaking enhanced and encrypted form of MP3 technology (known as M-TRAX), watermarking, and real-time sales tracking that protects the music industry and artists from copyright infringement.

MCY Music's CEO, Bernhard Fritsch said, "Digital distribution will revolutionize the way music is sold and distributed. This technology allows Net surfers to buy and record to their PC's, recordable CDs, MCYMan or tapes -- all tailored to meet their individual taste. Digital distribution makes purchasing music easier, faster and cheaper."

Mr. Fritsch further explained, "MCY's dynamic combination of technology and software will not only allow it to offer the world a complete system for music distribution via the World Wide Web and cable networks, but also put the Company at the forefront of the industry's gigantic market shift. As more consumers change from lower level modems to DSL and cable technology, the benefits provided by MCY and its website will surely be realized."

MCY Music will make available over 1,000,000 digitally downloadable songs from record labels including artists such as: Tina Turner, John Coltrane, Bob Marley and others with whom MCY is currently negotiating. The digitally downloadable music is complemented by a unique piracy protection technology known as M-TRAX. Based in New York, MCY also has offices in Los Angeles, Berlin and London.