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Music Industry 18 February, 2006

Sonicbids & Platinum Blue Announce Partnership

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Boston/New York (By David Lee/ Platinum Blue/ www.platinumblueinc.com) - At MIDEM, the largest music industry conference in the world, Sonicbids and Platinum Blue announced a partnership that will include a joint marketing effort capitalizing on synergies between the two companies' businesses.

Sonicbids is the established leader in online digital delivery of PR kits and artist submissions and is used by over 55,000 acts from around the world. The site has become a well regarded musician community as the company has emerged as the official submission platform for events that have become major stepping stones in an act's career such as the John Lennon Songwriting Contest, Virgin College Mega Tour, Summerfest, Billboard Song Contest, Zippo Hot Tour and many more.

Platinum Blue will soon be introducing the online version of their hit prediction technology called Music Science which is currently used by major and independent labels and has been endorsed by major artists. The service will be available for a small fee to any unsigned act or home producer who wants to see if their song has what it takes to climb the charts.

Through this partnership agreement, Sonicbids will offer the Music Science service to its members for a reduced price and Platinum Blue will offer its users the opportunity to become members of Sonicbids as part of their service price.

'This is a good deal for both companies as it allows us to be exposed to acts who aren't using our service yet and it allows Platinum Blue to expose their hit predicting service to our members, many of whom are working in the hopes of having just that, a hit' said Panos Panay, founder and CEO of Sonicbids.

Mike McCready, CEO of Platinum Blue said, 'This kind of deal positions Platinum Blue as the best source for helping artists ensure their music will be successful among the fans for which they're aiming. The credibility Sonicbids brings to this effort won't be lost on our market.'

About Platinum Blue:
Platinum Blue Music Intelligence was founded in December 2005 by Mike McCready and Tracie Reed to become the leader in the field of music intelligence. Their intimate knowledge of all of the current research in the music intelligence field enables them to draw from the best-of-breed technologies. The powerful combination of those technologies enables them to offer the solutions that are most likely to have the longest term impact on the evolving music industry landscape.
Mike & Tracie brought with them to Platinum Blue the amazing advisory board they assembled while with their former company. It includes names such as Tommy Mottola, two time Grammy-winning producer Ric Wake and Grammy, Clio and Emmy award winner Mark Isham.

About Sonicbids:
In business since 2000, Sonicbids has become the standard way for people in the music business to send and receive press kits online. The company's main product is the Sonicbids EPK (Electronic Press Kit), an easy-to-use, web-based graphic interface that contains all the basic information of a musical act such as music, photos, date calendar and riders. The EPK can either be emailed to anyone with a click of the mouse or submitted in online promoter accounts through a virtual "Drop Box".
Sonicbids currently has over 55,000 bands and 4,500 exclusive partners in 107 countries, a list that includes prominent events and festivals such as MIDEM, CMJ, Summerfest, North By Northeast, Virgin College Mega Tour, NEMO, Canadian Music Week, Folk Alliance, Locobazooka!, and the Billboard Song Contest.






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