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6/08/2005

 
Billboard Signs Exclusive Recording Deal With Immediatek's DiscLive

DiscLive to Record Conferences and Events

DALLAS, TX -- (Market Wire - Jun 08, 2005) -- Immediatek (OTC BB: ITEK) announced today that its DiscLive unit has signed an exclusive agreement with Billboard, the world's most trusted source of music, video and digital entertainment news, charts, reviews and analysis, to record and produce onsite discs for Billboard's various conferences and events held throughout the year. Included are the 2005 Billboard R&B Hip Hop Conference and Awards which will be held in Atlanta, GA, on Aug 3-5 and the Billboard Latin Music Conference and Awards, which recently took place in Miami.

DiscLive will record each panel and roundtable at the conferences, providing complimentary copies for attendees immediately afterwards. In some cases, DiscLive will make multimedia compilation discs of entire conferences available for sale as well.

"We are very excited to be partnering with Billboard for these events," said Zach Bair, CEO of Immediatek and DiscLive. "We look forward to giving attendees the opportunity to listen and engage in these valuable conferences while we take care of taking notes."

"As we continue to grow our audience and reach, Disclive will extend the longevity to our conference content," said Tamara Conniff, executive editor of Billboard.

DiscLive (www.disclive.com) is a pioneer and the leader in the new business of recording concerts and distributing mass CDs immediately after the show. The company is expanding its business rapidly as the live disc phenomena continues to grow. The company has completed tours from Vermont to California as well as in Canada and the United Kingdom, with its state-of-the-art mobile recording and production facilities that can produce 1,000 high quality CDs in less than 20 minutes. The company is headed by CEO and musician Zach Bair. A May 2, 2004, headline in The New York Times dubbed the DiscLive offer of legal, high-quality CDs made available immediately after the concert "Rock's Best New Souvenir."

Immediatek (OTC BB: ITEK) is the parent company of DiscLive, and is the developer of NetBurn Secure(TM) (www.netburncd.com), the only "single-click CD download and burn" software product on the market that helps record labels, artists, and content providers curb Internet piracy and protect their revenues by providing copy control even after digital music has been burned to disc, and which provides a new paradigm in digital delivery through the NetBurn Portal System. Immediatek is combining technologies to create new and exciting product offerings, all geared for creating new revenue streams for artists and labels, and implementing copy management to help reduce illegal file-sharing activity. Immediatek was founded by CEO and musician Zach Bair, who also founded venture-backed Voyence (www.voyence.com) as PowerUp Networks in 2000. NetBurn Secure(TM) also employs technology by third parties such as Microsoft and includes security components by SunnComm International. Immediatek's company website is www.immediatek.com.

About Billboard:

Now in its 111th year, Billboard is the world's premier music publication and a diverse digital, events and brand-licensing platform. Billboard publishes the most trusted charts and offers unrivaled reporting about the latest music, video, gaming, media and digital entertainment issues and trends. Billboard is the flagship property for the Billboard Information Group, which also consists of Billboard.biz, Billboard.com, Entertainment Law Weekly, Billboard Chart Alert, Billboard Information Network (BIN), Billboard Directories, Billboard Licensing & Events and Billboard Radio Monitor. Billboard's many strategic partners include Fox-TV, Microsoft, mForma, Reuters, Sirius Satellite Radio, Telemundo, Univision Radio, ABC Radio Networks, Azteca America and Billboard sister companies Nielsen SoundScan and Nielsen Broadcast Data Systems. These partnerships leverage Billboard's proprietary data, charts and information resources to develop broadcast entertainment, digital and mobile platforms and contextual commerce applications that expand Billboard's franchise and consumer reach.

Billboard is headquartered in New York with bureaus in Boston, London, Los Angeles, Miami, Nashville and Washington DC. The Group is a unit of VNU Business Media, a worldwide media company that provides specialized publications, electronically delivered data, expositions and marketing services and is owned by VNU Inc., a wholly owned subsidiary of Netherlands-based VNU, an international publishing and information company.

Safe Harbor Statement: This press release includes forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, that involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risks, uncertainties and other factors, including but not limited to, changes in the retail market place, changes in underwriting results affected by economic conditions and other factors described from time to time in the Company's Securities and Exchange Commission filings, including the Company's Annual Report on Form 10KSB for the year ended December 31, 2002. All forward-looking statements made in this press release are based on information presently available to management of the Company. The Company assumes no obligation to update any forward-looking statements.

Contact for Immediatek:
Investor Relations:
The Eversull Group
Jack Eversull
972-991-1672
jack@theeversullgroup.com




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