NetMusic CEO, Glen Starchman, Invited to Join Other Industry Experts for Panel Discussions at Prestigious SXSW Festival


SEATTLE, March 14, 2005 (PRIMEZONE) -- Today, NetMusic Entertainment Corporation (Pink Sheets:NTMT) announced that CEO Glen Starchman has been invited to the South by SouthWest Music Festival (SXSW) to participate in a panel discussion advising music managers who increasingly have to navigate the very different waters of digital distribution for their clients. This invitation is one of the many recent validations of NetMusic's rapid rise and credibility as a serious contender in the digital music industry.

"I am pleased to be in a position to discuss how NetMusic's business offerings can generate increased profits for industry leading companies as well as artists' managers and their clients," said Starchman. "Invitations such as this, demonstrate that our team has built a business model that provides valuable services to powerful players in the industry. Many of the industry's top players attend this festival. It's one of those events where big deals can be struck one after another. I am excited to have the opportunity to participate and to develop new customers for NetMusic."

The SXSW festival, commonly referred to as among the most important for new music discovery and promotion, occurs annually in Austin, Texas. As another sign of the company's growing industry prominence, NetMusic has secured stage space in Austin to showcase Indie bands American Popular, Injury Clinic, and Billy Harvey during the festival dates to complement the 1,300 musical acts already scheduled.

Starchman also commented, "It is important for NetMusic to take opportunities such as this to highlight the ability of our company and its partners to identify the hottest new music coming on the scene. Industry analyses continue to show that the winners in this space are going to be the companies who provide consumers with the best pathways to discovering new music. NetMusic is poised to become the industry leader in this service."

About NetMusic:

Edmonds, Washington-based NetMusic Entertainment (http://www.netmusic.com/) is a global digital media company focused on providing consumers entertainment on their own terms: anytime, anywhere. The company offers digital music downloads, digital jukeboxes, video-on-demand and online video rental services across the globe. NetMusic also offers the largest online collection of independent music in the world -- a licensed catalog of over one million tracks, incorporating 4000 plus labels. Recently, the company announced plans for the acquisitioning of licensing to the catalogues of the largest recording companies in the industry. Investors interested in obtaining more information about the company are invited to visit: (http://www.netmusic.com/corp/).

About SXSW:

The SXSW Music And Media Conference (SXSW) (http://2005.sxsw.com/music/) showcases hundreds of musical acts from around the globe on fifty stages in downtown Austin. By day, conference registrants do business in the SXSW Trade Show in the Austin Convention Center and partake of a full agenda of informative, provocative panel discussions featuring hundreds of speakers of international stature. The nineteenth annual SXSW Music And Media Conference and festival will take place March 16-20, 2005.

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.


            

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