NEW YORK and ARLINGTON, Va., June 29, 2006 (PRIMEZONE) -- LTDnetwork, a subsidiary of Brilliant Technologies Inc. (OTCBB:BLLN), today announced that The Distributed Computing Industry Association (www.DCIA.info), a trade organization representing peer-to-peer (P2P) software providers, content rights holders, and service-and-support companies, presented the 2006 DCIA Trendsetter's Award to LTDnetwork Chairman and CEO Allan Klepfisz at the first annual P2P MEDIA SUMMIT in McLean, VA.
"The DCIA Trendsetter's Award is presented annually to that company which sets the pace in the advancement of distributed computing technologies for commercial purposes," said DCIA CEO Marty Lafferty in making the award. "LTDnetwork, developer and distributor of Qtrax, signed EMI as the first major music company to make its catalog available to the world's first advertising-supported P2P music distribution service. Qtrax will not only provide this licensed free-to-user service, but also offer consumers a premium P2P subscription product and the ability to purchase songs and albums a la carte."
During his acceptance and keynote address remarks, Allan Klepfisz stated that, "Our deal with EMI signifies change. The music industry is now embracing change . . . there is massive change being led by some people who are truly visionary in seeing a dramatically altered world when it comes to making a living from music. We are dedicated to placing Qtrax at the forefront of that change."
At launch Qtrax will provide fans with free, advertising-funded access to high-quality, high-fidelity digital music files, as well as the option to subscribe to a premium version of the service or to purchase music tracks and albums on an a la carte basis.
Qtrax will offer two tiers of service: the first is a free, advertising-supported tier designed to work with and filter copyrighted content from existing peer-to-peer networks. The second tier is a premium subscription service which will require a monthly fee. The two-tiered business model is intended to attract a broad base of consumers to try out the service, and then graduate those consumers to purchase music permanently or subscribe.
In the ad-supported, free tier, users will be able to search the network for specific tracks, and those tracks registered with Qtrax will be made available for download in Qtrax's proprietary ".mpq" file format. Users will then be able to play the downloaded .mpq file in full-fidelity sound quality for a pre-defined number of times. Each time a consumer plays a track, the Qtrax player will also offer fans click-to-buy purchase options, as well as the opportunity to upgrade to a premium subscription service for a flat monthly fee.
The P2P MEDIA SUMMIT featured keynote speeches from top P2P software distributors and discussion panels lead by industry leaders.
About the DCIA
The Distributed Computing Industry Association (DCIA) is a non-profit trade organization focused on commercial development of peer-to-peer (P2P) file sharing and related distributed computing technologies.
DCIA Membership is organized into three groups: Content, Operations, and Platform. The DCIA conducts working groups and special projects, such as the Consumer Disclosures Working Group, P2P Digital Watermark Working Group, P2P PATROL, and the P2P Revenue Engine. It also publishes the weekly online newsletter DCINFO.
About LTDnetwork Inc.
Based in New York, NY and founded in October 2000, LTDnetwork is a division of Brilliant Technologies Corporation (OTCBB:BLLN). LTDnetwork has spent the last five years creating unique proprietary software at its Australian subsidiary in Melbourne. LTDnetwork specializes in the development of innovative technologies, software, and services for online retail, advertising, media and marketing companies. LTDnetwork is dedicated to providing online businesses and third party solution providers with innovative technologies, software, and services which target the consumer with the right message at the right time in what have now become the hottest areas for software applications: music downloading, automatic price comparison and highly targeted advertising.