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Wednesday, May 11, 2005

RadioTime Shortlisted to Present at IBDNetwork's Under the Radar Event

RadioTime Shortlisted to Present at IBDNetwork's Under the Radar Event

The First Personalized Consumer Guide for Old and New Radio

DALLAS, May 11 /PRNewswire/ -- RadioTime, today announced that it has been chosen to present at Under the Radar(TM) Consumer Technologies, a one-day event that will take place on May 31, 2005 at the Microsoft campus in Mountain View, CA.

Under the Radar will showcase technology's early innovators in several fast-growing sectors in the consumer space including search, podcasting, blogging, RSS, music search and distribution, digital content storage, and social networking software. All of the 32 companies selected have received less than two rounds of funding.

Many well-respected venture capital firms such as Allegis Capital, August Capital, Charles River Ventures, Intel Capital, JPMorgan Partners, Morganthaler Ventures, and Walden VC will participate in Under the Radar. Industry luminaries such as Rafe Needleman, editor of "Business Buying Advice" for CNET Networks, and Rajeev Chand, director of research at Rutberg & Co., the investment bank, are among the speakers who will moderate the event.

RadioTime was handpicked by the IBDNetwork editorial team and Under the Radar advisory board based on its review of more than 300 companies in this space.

RadioTime (www.radiotime.com) is revolutionizing radio by connecting listeners with local and Internet radio programming when and where they like. The heart of the service is a free guide covering more than 50,000 hours of fresh programming every day from around the globe including stations and programming details. Optional Windows or Macintosh desktop software automatically records talk programs for listening at any time and on any device. RadioTime is rapidly building a consumer franchise through a combination of online subscriptions and bundling agreements with portable and new connected audio devices.

"The invitation to Under the Radar validates our leadership delivering a fundamental improvement to a major media" said Bill Moore, Founder and CEO of RadioTime. "Our guide connects radio listeners with programming to offer the deep selection and personalization features consumers widely demand for books, television, and music."

"Under the Radar gives emerging private companies that have less than two rounds of funding an opportunity to present and receive feedback on their technology and business model from investors and potential strategic partners in a unique, interactive format," said Alison Murdock, president of IBDNetwork. "Our advisory board of VCs and executives from leading technology and service firms evaluated more than 300 early-stage companies and selected RadioTime based on its promising technology and compelling market opportunity."

About IBDNetwork -- www.ibdnetwork.com Founded in September of 1999, IBDNetwork is the first membership-based organization to accelerate dealmaking. IBDNetwork explores the business side of technology through events and newsletters that cover the latest innovative technologies, partnerships, company growth, business models, and investment strategies. IBDNetwork's community is comprised of VCs, CEOs, and VPs of business and corporate development from both private and public companies -- typically the company "forecasters" that need to understand new market opportunities and trends to help plan their companies' strategic initiatives.

About Under the Radar -- www.ibdnetwork.com/events/UTRMay05.php3

Under the Radar began as an evening networking event in April 2003. After 18 months of sold-out events, IBDNetwork, urged by the VC and M&A professionals in its network, created a full-day event: effectively a one-stop shop to evaluate and explore new business opportunities, partnerships, potential investments, and trends in several technology sectors. Under the Radar's sponsors include Acteva, Comerica Bank, Intel Capital, LEWIS PR, Perkins Coie, and UK Trade & Investment.

About RadioTime -- www.radiotime.com

RadioTime combines a Web-based personalized guide of radio programs and stations with software to listen live or easily transform radio programming into MP3 files.

With RadioTime, listeners have a quick and easy way to find radio content from 36,000 global outlets. And, the patent-pending recording technology allows listeners to record radio programming for playback on your schedule. RadioTime was founded in January 2002. A beta version of the consumer service was launched in June 2004. Since launching the beta, RadioTime has secured more than 4,000 clients.

Source: RadioTime

CONTACT: Bill Moore of RadioTime, +1-972-364-9797, bill@radiotime.com; or
Julia French of LEWIS PR for IBDNetwork, +1-415-277-5400, juliaf@lewispr.com

Web site: http://www.ibdnetwork.com/

Web site: http://www.ibdnetwork.com/events/UTRMay05.php3

Web site: http://www.radiotime.com/

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