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NewswireToday - /newswire/ -
Beverly Hills, CA, United States, 11/28/2005 - Nareos Inc. the pioneering digital content solutions provider, today announced distribution agreements with online music store CD Baby, eLabel INgrooves and international digital music distributor Digital Rights Agency.
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The move marks the global launch of Nareos’ PeerReach™ solution, which enables legal music downloads on P2P networks. These agreements increase Nareos’ catalog to over 1 million tracks.
CD Baby, (representing over 100,000 artists), INgrooves (over 350 music labels) and DRA (225 music labels) will be able to distribute their music content legally via global peer-to-peer file sharing networks. Nareos’ revolutionary PeerReach™ solution uses unique technology to promote legitimate content to the top of P2P file lists, charging $0.99 for extremely fast, high quality and virus-free downloads.
Due to a growing number of lawsuits there is increasing pressure for the legalization of music downloads on P2P networks. The digital libraries will be available for legal download on PeerReach™ over the next few weeks.
Nareos’ CEO, Alexander Lazovsky, commented that “We are thrilled to be partnering with CD Baby, Ingrooves and DRA. This is testament to the potential of PeerReach to revolutionize how music labels view P2P networks as profitable music distribution channels. Our goal is to provide people with a convenient and secure way to evaluate and purchase music on P2P networks. We are proud to enable music fans to legally download music and to be promoting new and alternative artists along the way”.
INgrooves’ CEO, Robb McDaniels, added, “we are impressed by the overall business model and novel approach of PeerReach as a legal P2P file downloading service. It is important for us to identify innovative and reliable distribution and promotional outlets for our frontline content from leading artists like the Nappy Roots and Lady Sovereign - and Nareos’ package provides an exciting solution that is sure to be popular with music fans from around the world”
“Nareos is doing important work in creating systems for the legalization of the peer to peer revolution and we are pleased to be a part of their services,” said Tuhin Roy, Digital Rights Agency’s Managing Director.
To sample how PeerReach™ operates, connect to eDonkey2000 network by using a file-sharing program such as eMule, search for “Lady Sovereign” and download one of the files that appear on top of the search results. A pop up box with instructions will appear after opening the downloaded file.
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About Nareos
Nareos INC. is a pioneering digital content solutions provider. Their flagship product, PeerReach™, controls the distribution of digital content enabling legal music downloads on P2P networks. Complete with DRM-protection and billing, Nareos’ cutting edge technology provides easy to find, virus free and quick to use legitimate music downloads featuring rich additional information. Distribution partners include CD Baby, IODA, DRA, Ingrooves, Bonzai Music, Blue Canoe Records, ToCo International and Blue Flame Records. Founded in 2004, Nareos is a privately held company led by Founder and CEO Alexander Lazovsky. Nareos is headquartered in Beverly Hills, CA with R&D facilities in Israel.
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