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V2 Music and Brilliant Technologies Announce Qtrax Global Licensing Agreement.


Pioneering Ad-Supported P2P See peer-to-peer and point-to-point.  Music Service Continues to Expand Catalog of Licensed Music

NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- V2 Music UK, the leading independent record label that is home to such artists as The Stereophonics, Little Man Tate
For the indie band of the same name, see Little Man Tate (band).


Little Man Tate is a 1991 motion picture which tells the story of Fred Tate, a 7-year-old child prodigy who struggles to self-actualize in a social and psychological construct
 and Paul Weller, and Brilliant Technologies Corporation (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:BLLN) today announced a global agreement to make the V2 catalog available for distribution via Brilliant's Qtrax platform. Qtrax is the world's first legal, ad-supported peer-to-peer music service, offering music fans free access to high-fidelity digital music files.

Beth Appleton, Head of New Media and Business Development for V2, remarked: "V2 acknowledges the power of P2P technology and embraces business models that legitimise Verb 1. legitimise - make legal; "Marijuana should be legalized"
decriminalise, decriminalize, legalise, legalize, legitimate, legitimatise, legitimatize, legitimize
 sharing music, building revenues for artists and labels. The music industry cannot ignore the fact that this is how music fans naturally want to enjoy and share music and we need to work quickly to enable mass distribution of copyright material in a way that the music fan still enjoys the experience with the artist and label critically receiving a proportion of revenue earnt as a result of the value of their music. The Qtrax service will provide the V2 stable of artists with a tremendous new outlet for connecting with fans and we are excited to be working with the Qtrax team as they gear up for launch.

"I cannot stress enough the importance the independent label sector's endorsement of Qtrax. In this regard, V2 UK is a critical piece of our global licensing strategy," stated Allan Klepfisz, Brilliant's Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "The music industry is in an undeniable shift in focus from traditional commercial exploitation models to business models that promise dynamic new income streams. From the start, V2 has demonstrated forward thinking and a keen ability to recognize innovative new business models like Qtrax. We are truly heartened by the encouragement and support of the independent label and music publishing The contractual relationship between a songwriter or music composer and a music publisher, whereby the writer assigns part or all of his or her music copyrights to the publisher in exchange for the publisher's commercial exploitation of the music.  communities and we welcome V2 as one of its prominent members.

Qtrax is the recognized leader in the ad-supported digital music arena and, in addition to V2, boasts music from major record labels and music publishers including EMI (ElectroMagnetic Interference) An electrical disturbance in a system due to natural phenomena, low-frequency waves from electromechanical devices or high-frequency waves (RFI) from chips and other electronic devices. Allowable limits are governed by the FCC.  Music, Warner Music Group Warner Music Group (WMG) is one of the four major record labels.

Warner Music Group also has a publishing arm, Warner/Chappell Music, which dates back to 1929, when Jack Warner, president of Warner Bros. Pictures Inc.
, Sony/ATV Publishing and Universal Music Publishing, as well as independents including TVT TVT

transmissible venereal tumor.
 and the hundreds of labels represented by The Orchard.

About Brilliant Technologies:

Brilliant Technologies Corporation is a technology holding company devoted to research and development leading to commercialization of innovative, proprietary technologies. Through its subsidiary, LTDnetwork, Inc., the Company owns a range of cutting edge proprietary software designed to facilitate and enhance ecommerce. The Company is currently preparing for the launch of Qtrax, the company's innovative P2P file-sharing service, and has already signed deals with Universal Music Publishing, Sony/ATV, Warner Music Group, The Orchard, EMI Music Publishing and EMI Music, TVT Records, Go Digital, ASCAP ASCAP
abbr.
American Society of Composers, Authors, and Publishers
 and BMI BMI body mass index.

BMI
abbr.
body mass index


Body mass index (BMI)
A measurement that has replaced weight as the preferred determinant of obesity.
. The Company is based in New York, New York and Melbourne, Australia. For more information about Brilliant go to www.ltdnetwork.com and about Qtrax to www.qtrax.com.

About V2 Music:

V2 was established in 1997 following the sale of the original "Virgin Music" to Thorn EMI in 1992. The sale outlined an everlasting restriction on the use of the "Virgin" name for a record label; hence "V2" was born. V2 has a great roster of artists, including The Stereophonics, Underworld, Paul Weller, The Rakes, Little Man Tate, Cold War Kids, Duke Special and the Black Keys. A year ago V2 created 'Cooperative Music', a division that works with independent labels to distribute repertoire throughout Europe. Through this relationship V2 represents Wichita Recordings with Bloc Party, CitySlang, Luakabop and Modular Recordings and Memphis Industries with The Pipettes. The V2 Digital team look to drive innovation and be very proactive in the digital and mobile space, embracing new business models and technology and working with bands to effectively communicate, involve music fans and expand routes to market. They are proud to have won a number of New Media Awards two Digital Music Awards (2005 and 2005) and Best Use of Multiple Channels at the New Media Awards in 2005 when they were shortlisted against giants Orange, Wimbledon and Big Brother.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 

This announcement contains express or implied forward-looking statements which involve known and unknown risks and uncertainties that could cause actual results to differ materially from those suggested, including but not limited to risks identified and discussed in company filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management's expectations as of the date hereof and future results may differ materially from expectations and the company disclaims any obligation to update them except as required by law.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 22, 2007
Words:765
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