FreeAmp will Make it Easy for Consumers to Transfer Songs
and Playlists to the Rio
LAS VEGAS, Jan. 7 /PRNewswire/ -- GoodNoise Corporation (OTC Bulletin Board: GDNO), a leader in the growing market for downloadable music, today announced plans to provide seamless integration between the FreeAmp MP3 player and Diamond Multimedia Systems, Inc.'s (Nasdaq: DIMD) Rio PMP300. FreeAmp is an open source developed software application that allows consumers to play music in the MP3 format on their computers. GoodNoise, which supports and facilitates the development of FreeAmp, will incorporate direct support for the Rio within FreeAmp making it easy for consumers to transfer songs or playlists to the Rio. GoodNoise expects to release a version of FreeAmp with support for the Rio this year.
"The objective of the FreeAmp development project is to radically improve the consumer experience with downloadable music," said Gene Hoffman, president and CEO of GoodNoise. "The best way to combat the illegal duplication and distribution of music on the Internet is to provide consumers with open, flexible solutions that make purchasing, downloading and playing music extremely easy. By incorporating direct support for the Rio, we're taking a layer of complexity out of the process and allowing users to focus on what they care about -- playing their music."
FreeAmp is a MP3 (MPEG1, Layer3) player created through an open source development effort. FreeAmp, which is available for free download at www.freeamp.org, is being licensed, at no charge, to the MP3 community under the terms of the GNU General Public License (http://www.gnu.org/copyleft/gpl.html), which guarantees the freedom of users to share and change the software and to make sure it is available free for all users. To date, thousands of developers have downloaded the FreeAmp source code and the product represents the collective effort of the MP3 development community.
"Diamond Multimedia has released its Rio development tools to key partners, like GoodNoise, and is working cooperatively towards ensuring easy access of music and audio content for Rio customers," said Ken Comstock, general manager for the audio business unit at Diamond Multimedia.
GoodNoise: The Source for Downloadable Music
Since it was founded in January 1998, GoodNoise Corporation has established itself as a clear leader in the rapidly expanding market for downloadable music. Through relationships with artists and license agreements with leading independent record labels, GoodNoise has emerged as the premier website for sampling and purchasing music in the MP3 (MPEG1, Layer 3) format, which has become as the de facto standard in the digital distribution of music with millions of users around the world. GoodNoise.com features a constantly expanding catalog of music and offers music fans complete albums for $8.99 or the ability to purchase individual tracks for 99 cents. GoodNoise is based in Palo Alto, Calif.
GOODNOISE is a trademark of GoodNoise Corporation.
NOTE: Any forward-looking statements contained in this release involve a number of uncertainties, risks and other factors which may cause the actual results, performance or achievements expressed or implied by such forward- looking statements to materially differ. Factors that could cause actual events or results to differ materially include, among others, those set forth in the Company's S.E.C. report on Form 10-SB, which may be accessed via the Internet from a link on the following page: http://www.goodnoise.com/about/investor/index.html.
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