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MUSICBLITZ LAUNCHES FAN EDITION, A NEW ALBUM RELEASE CONCEPT THAT GIVES FANS MORE THAN MUSIC - FIRST BAND IS THE PRESIDENTS OF THE USA

New Album is the First to Offer Advance Purchase of CD, Exclusive In-Studio Video, Fan Recognition in Liner Notes and Sneak Preview Song Downloads

LOS ANGELES - June 26, 2000 - MUSICBLITZ, a music and technology company that funds artists to record exclusive new music and video content for online and offline distribution, has introduced Fan Edition, a new concept for record releases designed to create value beyond the music and connect artists directly to their fans.

The first Fan Edition is available for the upcoming release from the multi-platinum-selling artists The Presidents, the band formerly known as The Presidents of the United States of America.

Fan Edition gives participating fans the chance to purchase the new CD before it hits the stores and a backstage pass into the making of the album. On the Internet, fans can access regular installments of streaming video episodes that document the band's life in the studio. There are also band diaries, in-studio photos and MP3 song downloads that can only be accessed online at http://www.musicblitz.com.

Fans who pre-purchase the album will be recognized with their name printed in the CD liner notes and receive all of the in-studio footage on home video. They will also have the ability to purchase other exclusive band memorabilia, such as a framed and personalized gold CD commemorating the new record.

"Fan Edition gives consumers a complete package that offers more value than the music alone. It provides artists the ability to involve their fans in the creative process and build excitement for an upcoming release," said MUSICBLITZ Vice President of Product Development Bret Moore. "MUSICBLITZ created Fan Edition to harness the possibilities of the Internet to give true fans more than just a CD, but an entirely new experience."

The newly reformed Presidents are currently in a Seattle studio putting the final touches on their new album Freaked Out And Small for MUSICBLITZ. The entire recording of the album will be documented through a series of streaming video episodes and sneak preview MP3 downloads on The Presidents' Fan Edition site at http://www.musicblitz.com/fanedition. The new CD will be available in retail stores in September 2000.

"Incorporating MUSICBLITZ's Fan Edition into our upcoming release allows us to share our passion to create music with our fans in a much more interactive way than we previously could. We are excited to make a record of 12 brand new songs for our fans who have been incredibly supportive over the years," commented Dave Dederer of The Presidents.

The Presidents album will be available to retail outlets as part of a distribution deal that MUSICBLITZ recently signed with KOCH International, the largest independent music distributor in North America. Retailers will also be able to offer the special Fan Edition package in stores.

Other forthcoming releases from MUSICBLITZ include a new album from the Grammy-award winning reggae band Wailing Souls and the REGGAEBLITZ All-Stars compilation containing 16 new and exclusive tracks from Shabba Ranks, Maxi Priest, Black Uhuru, Yellowman and others. Both CDs will be available in stores July 11.

About MUSICBLITZ
MUSICBLITZ is a music and technology company that creates exclusive music and video content from established artists for online and offline distribution. Launched in January 2000, MUSICBLITZ has compiled an exclusive catalog of original music and video from more than 100 well-known artists, including Grammy-winning and platinum-selling acts. MUSICBLITZ was also the first company to introduce several Web-based product/service innovations, in addition to building an extensive online and offline marketing and distribution network. Based in Los Angeles, MUSICBLITZ is privately held with investments from the H&Q Global Alliance Technology Fund, Technology Partner's Venture Capital and Ritek.

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