Napster Ringtone Service Makes Strong Debut
Napster Ringtone Service Makes Strong Debut
New Napstertones Service Sells Over 100,000 Downloads
LOS ANGELES, May 23 /PRNewswire-FirstCall/ -- Napster (NASDAQ:NAPS), the biggest brand in digital music, announced today sales of more than 100,000 Napstertones since the mobile phone service was launched with Dwango Wireless on May 9th.
"Napster continues to prove the enduring strength of its brand and the appeal of its music subscription service," said Chris Gorog, chairman and CEO of Napster. "Napstertones is off to one of the most successful ringtone debuts ever and the recent introduction of a new competitor's deep discount music subscription service has had no impact on Napster's growth or retention."
Direct handset availability to the new service is currently limited to only one U.S. wireless carrier, making Napstertones' immediate popularity all the more impressive. Access for most major carriers is expected during summer 2005, giving a broader range of mobile music fans the opportunity to enjoy ringtones, artist voice "shoutouts," exclusive Napster Kitty wallpaper and other graphics.
"We knew the Napster brand was powerful but the immediate response has been phenomenal," said Rick Hennessey, CEO, Dwango Wireless. "The launch of Napstertones is one of the most impressive we have seen; it has obviously struck a major chord with consumers everywhere."
Napstertones range from $1.99 to $2.99 and can be directly purchased from Napster at www.napstertones.com, www.napster.com or from within Napster's award-winning digital music service.
About Napster
Napster, the biggest brand in digital music, is a subscription service that enables fans to freely sample the world's largest and most diverse online collection of music and move an unlimited amount of songs to compatible MP3 players. Napster (www.napster.com) members have access to songs from all major labels and hundreds of independents and have more ways to discover, share and acquire new music and old favorites with community features like the ability to email tracks to friends and browse other members' collections. Napster also offers Napster Light, a "lighter" version of the service for those who just want to purchase songs and albums a la carte. Napster is currently available in the United States, Canada and the U.K. and is headquartered in Los Angeles with offices in San Jose, San Diego, New York and London.
Safe Harbor Statement
Except for historical information, the matters discussed in this press release, in particular matters related to the impact of discount services on Napster's growth, the strength of the Napster brand and the expansion and popularity of the Napstertones service are forward-looking statements that are subject to certain risks and uncertainties such as intense competition, the inability to maintain the value of the Napster brand, reliance on third party content providers and strategic partners, and the new and rapidly changing nature of the online music industry, that could cause actual results to differ materially from those projected. Additional information on these and other factors are contained in Napster's reports filed with the Securities and Exchange Commission (SEC), including the Company's Quarterly Report on Form 10-Q as filed with the SEC on February 9, 2005, copies of which are available at the website maintained by the SEC at http://www.sec.gov/. Napster assumes no obligation to update the forward-looking statements included in this press release.
Copyright (C) 2005 Napster, LLC. All rights reserved. Napster, Napstertones and Napster Light are either trademarks or registered trademarks of Napster, Inc. or its subsidiaries in the United States and/or other countries.
Napster Contacts:
Becky Farina
Napster
310-281-5005
becky.farina@napster.com
Nancy Sullivan, John Conroy
Rogers & Cowan
310-854-8199 or 854-8178
nsullivan@rogersandcowan.comjconroy@rogersandcowan.com
Source: Napster
CONTACT: Becky Farina of Napster, +1-310-281-5005,
becky.farina@napster.com; or Nancy Sullivan, +1-310-854-8199,
nsullivan@rogersandcowan.com, or John Conroy, +1-310-854-8178,
jconroy@rogersandcowan.com, both of Rogers & Cowan, for Napster
Web site: http://www.napster.com/
http://www.napstertones.com/
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