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5/19/2005

 
Leading Record Label Executives Join Musicrypt's U.S. Marketing Team

Digital Music Distribution Company Continues Expansion and Growth

TORONTO -- (Market Wire - May 19, 2005) -- Musicrypt Inc. (TSX-V: MCT) (OTC BB: MCYPF), the industry's leading digital music distribution company, today announced the expansion of its Marketing Department by appointing Jon Klein as Senior Director, East Coast Marketing, based in New York, and Drew Ferrante, Senior Director, West Coast Marketing, based in Los Angeles. In addition, Paul Johnson was promoted to Senior Director, Marketing for the Nashville / Central Region. These appointments take place immediately for Drew Ferrante and Paul Johnson, with Jon Klein coming on board June 16.

Jon Klein, former Senior Director of Promotion for Virgin Records, and Senior Director of Promotion for Epic Records, brings over 20 years of Marketing & Promotion expertise to Musicrypt. Klein also held positions with Arista Records and Maverick Records prior to joining Epic Records. Klein will be directly responsible for all East Coast Marketing for Musicrypt.

"We are looking forward to building upon our early success and acceptance into the U.S. marketplace with strong additions to our team," said Peter Diemer, Vice President, Marketing & Sales for Musicrypt. "Both Jon and Drew have great relationships within the music industry and bring tremendous value from both a record label and a broadcaster perspective as the industry continues to make the transition to digital delivery."

Drew Ferrante, based in Los Angeles, was former National Director of Promotion and Marketing for Hollywood Records, a Disney company distributed by Universal Music. Prior to that, he spent seven years at Sony Music as Regional Promotion and Marketing Manager for divisions of both Columbia Records and Epic Records. Ferrante will be directly responsible for all West Coast Marketing for Musicrypt.

Prior to joining Musicrypt in July 2003 as Manager of Customer and Technical Support, Paul Johnson was the Western Region Promotion Supervisor for Capitol Records - EMI Music Canada. Previously, he was a key member of Polygram's Western Canada Promotion Team.

"Paul's experience and background was instrumental in Musicrypt's successful and dominant deployment in Canada," stated Cliff Hunt, Chairman and COO of Musicrypt. "His success with the Country and Christian labels will help ensure our continued growth in the Nashville / Central Region. We are extremely pleased and excited to make these very positive additions and changes to our team."

Musicrypt's Digital Media Distribution System (DMDS) is the premier digital music distribution system in North America, having delivered over 850 tracks to over 300,000 destinations. Musicrypt is partnered with Billboard Radio Monitor and endorsed by Clear Channel Radio, the largest radio broadcaster in the United States.

About Musicrypt:

Musicrypt's patented Digital Media Distribution System (DMDS) is the leading secure B2B digital delivery solution for the music industry. DMDS is a web-based delivery system that pioneers secure digital file distribution by incorporating biometrics, high-value encryption and watermarking. The first application of DMDS replaces the physical distribution of new musical recordings by record companies from the studio, internally, and to radio stations with more secure, more effective and less costly digital distribution of broadcast quality media via the Internet. Musicrypt trades on the TSX Venture Exchange (TSX-V) under the symbol MCT and in the U.S. under (OTC BB: MCYPF). For more information on Musicrypt, please visit www.musicrypt.com

The statements contained in this release that are not purely historical are forward-looking statements and are subject to risks and uncertainties that could cause such statements to differ materially from actual future events or results. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

PR Contact for Musicrypt:
Sarah Miller
Axis Marketing & PR
323 653-7800
smiller@axismarketingpr.com

Distribution Source : Market Wire




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