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Music Industry 23 January, 2006

MusicNet Announces Partnership With iMesh

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NEW YORK, NY (MusicNet) - MusicNet, the world's leading business-to-business digital music service provider, today announced that it has entered into a partnership with iMesh, the first established peer-to-peer service offering consumers a legitimate resource to access the largest selection of digital music in the world.

As a principle performance feature, the new iMesh service offers a deep selection of easily accessible content of all genres to be discovered, shared and enjoyed within an active community. MusicNet is enabling these features and provides support for iMesh's music store. In addition, iMesh will benefit from the largest available music library in the industry today, which includes licensed content from all the major record labels and more than 40,000 independent labels.

"Sharing music through digital communities is wildly popular and iMesh has taken the lead in creating a legal music service that embraces this experience," said Alan McGlade, CEO of MusicNet. "We are excited about working with iMesh as they redefine the role digital music can play in the P2P world."

"P2P continues to excite digital music consumers and iMesh delivers the most in-depth digital music experience available today to an active P2P community," said Igor Magazinik, Chief Technology Officer, iMesh. "Through the iMesh service, users are able to experience breadth and depth of content, music discovery, community and sharing features in a fully legal environment."

iMesh is the first and only globally active P2P to launch an authorized service that incorporates many of the coveted consumer benefits common to the P2P file sharing experience while assuring compensation to registered rightsholders. In addition to the licensed tracks from MusicNet and record label partners, the P2P community has access to over 15 million tracks at any given time culled from the Gnutella and iMesh networks.






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