WWEBNET Licenses Entertainment Operating System to Universal Music

WWEBNET Licenses Entertainment Operating System to Universal Music

LONDON, October 19/PRNewswire/ --

- Universal to Introduce On-Line Broadcast Channels Utilizing WWEBNET
Technology as Their Entertainment Operating System

WWEBNET (acronym for "World Wide Electronic Broadcast Network") announced
today their partnership with Universal Music UK. Universal Music UK will
implement WWEBNET's technology and distribution model to reach their artists'
fan bases directly via Universal Music-branded broadcast channels on the
World Wide Web.

WWEBNET technology provides an interactive content distribution channel
that delivers up to DVD-quality video and audio directly to users' desktops,
without having to visit a web site.

"WWEBNET's state-of-the-art technology provides Universal Music with an
entertainment operating system that allows our artists to communicate
directly and immediately with their fans, and creates a direct-to-consumer
broadcast network which is completely under Universal Music's control,"
stated Rob Wells, Senior Vice President, Digital, for Universal Music Group
International.

The broadcast channel, which is branded and controlled by Universal
Music, provides music fans access to song and music video streams and
downloads, as well as never-seen before artist features, including early
reviews of new releases, backstage interviews, concert footage, vault
materials and more, offering fans immediate access to Universal Music's rich
heritage of music and music videos. Additionally, it actively delivers
information about new content availability directly to the customer's PC or
hardware device, in accordance with their music preferences.

"This relationship allows Universal Music to have better control over the
availability and distribution of their content, as well as how it is
delivered to consumers," stated Robert Kelly, CEO of WWEBNET. "With WWEBNET's
Operating System, entertainment companies and content owners can now have an
independently owned and operated Internet broadcast channel which can reach
and interact directly with their customer base, regardless of a consumer's
line speed. This broadcast channel ensures premier artist placement and
promotion to a huge fan base and properly puts the ball back in the content
owner's court."

The broadcast channel with streaming music videos launched on October 18,
2006 with Universal Music UK. The complete interactive broadcast channel,
including the feature of immediate delivery of content right to a consumer's
desktop, will begin broadcast operations in December 2006. The channel will
be broadcasted through Universal's "Musividz" located at www.umusic.co.uk .

WWEBNET is a powerful operating system, available for licensing on a
worldwide basis, which works over the Internet, PCs and standard media
players. Installation of the broadcast channel involves a brief, one-time
download of the application by the user. Users can then select their desired
music channels and receive high-quality video and audio instantaneously and
at multiple bandwidths. The application can be integrated into mobile devices
such as PDAs and cell phones that have built in media players. A desktop icon
alerts users when new content has been downloaded, or when new artist content
is available to view.

PHOTO: To receive images of the Universal branded broadcast channel,
please e-mail photo request and requirements to alana@cayane.com.

About Universal Music UK

Universal Music UK is a division of Universal Music Group, the world's
largest music company with wholly owned record operations or licensees in 75
countries. Its businesses also include Universal Music Publishing Group, one
of the industry's largest global music publishing operations.

Universal Music Group consists of record labels Decca Music Group,
Deutsche Grammophon, Interscope Geffen A&M Records, Geffen Records, Island
Def Jam Music Group, Lost Highway Records, Machete Music, MCA Nashville,
Mercury Nashville, Mercury Records, Philips, Polydor Records, Universal Music
Latino, Universal Motown Records Group, and Verve Music Group as well as a
multitude of record labels owned or distributed by its record company
subsidiaries around the world. The Universal Music Group owns the most
extensive catalog of music in the industry, which is marketed through two
distinct divisions, Universal Music Enterprises (in the U.S.) and Universal
Strategic Marketing (outside the U.S.). Universal Music Group also includes
eLabs, a new media and technologies division, and Universal Music Mobile.

Universal Music Group is a unit of Vivendi, a global media and
communications company.

About WWEBNET

WWEBNET ("World Wide Electronic Broadcast Network"), Inc. provides
powerful solutions to content owners and entertainment companies worldwide
for direct-to-consumer delivery of licensed music, video and proprietary
content. Headquartered in New York City, WWEBNET is a broadcasting technology
and network which delivers high-quality video and audio directly to
consumers' PCs and portable devices, via the World Wide Web, regardless of
line speed. It is an intelligent, two-way communication network which
interactively and automatically allows consumers to retrieve and receive
desired content in up to DVD quality. The WWEBNET Operating System provides
companies with the ability to create and brand their own worldwide broadcast
channels, providing complete turnkey ecommerce, content management and
advertising systems, along with a comprehensive database management
component, empowering content companies with a robust targeted marketing
capability.

Web site: http://www.umusic.co.uk

Web site: http://WWEBNET.com

Source: WWEBNET

Selina Webb, Communications Director of Universal Music UK, +44-020-7471-5385, Selina.Webb@umusic.com; or Robert Kelly, Chief Executive Officer of WWEBNET, in U.K. -
+44-(0)-777-0777-344, or in U.S. - +1-917-553-0030, rkelly@valuflik.com

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