UNIVERSAL MUSIC PUBLISHING GROUP AND BRILLIANT TECHNOLOGIES ANNOUNCE QTRAX™ CONTENT AGREEMENT
NEW YORK—November 20, 2006—Universal Music Publishing Group (UMPG) announced today a digital distribution licensing agreement with QTRAX (A division of Brilliant Technologies, Inc. (OTCBB: BLLN), the first ad-supported legal peer to peer music network.
David Renzer, Chairman and CEO of Universal Music Publishing Group commented: “UMPG desires to be at the forefront of licensing legitimate new technologies and sites in an effort to maximize revenues for our copyrights, songwriters and artists. We believe that Qtrax and the legal P2P environment are an exciting new business model with great upside potential and we are pleased to have concluded this new arrangement with them.”
Brilliant Technologies CEO Allan Klepfisz stated, “The Universal Music Publishing Group deal represents a significant milestone for us in our drive to offer the most comprehensive legal P2P service ever and to establish first-mover velocity with users and major international advertisers. We are happy to be a partner with them in their effort to maximize the earning potential of their extensive catalog. We are extremely pleased with this momentous agreement for us. We are proud to be in their stable of preferred distributors and look forward to working with them on developing the billion transactions-per-month marketplace that is P2P.”
With more than 47 offices in 41 countries, Universal Music Publishing Group (UMPG) owns or administers more than 1 million copyrights. UMPG has some of the most important contemporary songwriters and artists on its roster including: U2, Elton John, 50 Cent, Mariah Carey, Ciara, Dave Grohl, Prince, Diana Krall, Ludacris, Godsmack, Ice Cube, Vanessa Carlton, Mary J. Blige, The Corrs, Eve, Musiq, Jill Scott, Brian McKnight, No Doubt,3 Doors Down, Beastie Boys, Anastacia, Fatboy Slim, DMX, Gloria and Emilio Estefan, Paul Simon, the catalog of Henry Mancini, among many others.
UMPG administers the prestigious Rondor Music catalog as well as owning or administering a multitude of other catalogues, including: Interscope and Def Jam Music, All Nations Music, Charlie Daniels, Matraca Berg, Forerunner Music, Epitaph, Greenwhich, Momentum Music, and John Phillips. UMPG also owns or administers the works of Leonard Bernstein, Holland/Dozier/Holland, Henry Mancini, and the scores of such prestigious musicals as Andrew Lloyd Webber’s sensation¸ Phantom of the Opera.
About Universal Music Group Publishing:
With 47 offices in 41 countries worldwide, Universal Music Publishing Group (UMPG) is part of the Universal Music Group and one of the industry's largest global music publishing operations. Owning or administering more than 1 million copyrights, UMPG's writers and catalogs include: U2, Elton John, 50 Cent, Mariah Carey, Ciara, Dave Grohl, Prince, Diana Krall, Ludacris, Godsmack, Ice Cube, Vanessa Carlton, Mary J. Blige, The Corrs, Eve, Musiq, Jill Scott, Brian McKnight, No Doubt, Blink-182, 3 Doors Down, Beastie Boys, Anastacia, Fatboy Slim, DMX, Gloria and Emilio Estefan, Paul Simon, the catalog of Henry Mancini, among many others. For more information, visit: www.umusicpub.com.
About Brilliant Technologies:
Brilliant Technologies Corporation is a technology holding company devoted to technology identification and acquisition, as well as research and development leading to commercialization of innovative products, including proprietary technologies. Through its subsidiary, LTDnetwork, Inc. (``LTD''), the Company owns a range of cutting-edge proprietary software products developed by LTD that are designed to facilitate and enhance the purchasing experience of both its own customers and those of leading Internet companies that will utilize the products under joint venture or licensing arrangements. The Company is currently preparing for the launch of LTD's innovative P2P file sharing service, QTRAX. The Company has offices in New York, New York and Melbourne, Australia. Qtrax has a technology partnership with Audible Magic Corporation, and signed licensing agreements with EMI Music, EMI Music Publishing, Warner Music Group and the Orchard.