SEATTLE, Nov. 30, 2004 (PRIMEZONE) -- Even with one day left in the month, sales at NetMusic Entertainment's (Pink Sheets:NTMT) NetMusic.com (http://www.netmusic.com) digital music service website were up over 320% compared to October.
"November was a stellar month for NetMusic," says Glen Starchman, NetMusic Entertainment's CEO. "The sales blew away all of our expectations and we are more confident than ever that December will be a better month still. NetMusic.com sold more digital media players in November than the previous three months combined, primarily on the strength of our partnership with Neuros Audio (http://www.neurosaudio.com)."
NetMusic.com is currently undergoing a holiday sale of the entire line of Neuros II media players and offers the best prices in the industry. The 20GB Neuros II model sells on NetMusic.com for $229.99 (http://netmusic.com/redir/player.aspx?id=20), the 30GB model for $259.99 (http://netmusic.com/redir/player.aspx?id=30), the 40GB model for $279.99 (http://netmusic.com/redir/player.aspx?id=40), the 60GB model for $329.99 (http://netmusic.com/redir/player.aspx?id=60), and the 80GB model for $359.99 (http://netmusic.com/redir/player.aspx?id=80). By comparison, Amazon sells the 20GB Neuros for $279.99.
In addition to digital media players, NetMusic.com offers a wide variety of digital music, CDs, and DVD movies. Digital tracks start at $.89/track and most full-length digital albums are $8.09.
About NetMusic Entertainment Corporation:
NetMusic Entertainment (http://www.netmusic.com/corp) is a global digital media company focused on providing consumers entertainment on their own terms. The company offers digital music downloads, digital jukeboxes, video-on-demand, and online video rental services across the globe.
NetMusic's flagship website (http://www.netmusic.com), first went into operation in 1995 as a directory of music-related information. In 2004 the company launched an enhanced version of the site focused on digital distribution of music. Later in 2004 the company entered the digital jukebox marketplace via a merger with Ultimate Jukebox, Inc.
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although NetMusic Entertainment Corporation believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by NetMusic Entertainment Corporation or any other person that the objective and plans of NetMusic Entertainment Corporation will be achieved.