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Business News (more headlines) 06-27-2003

New RIAA Chief Should Name Digital Advisors, Says CEO Of Leading File Sharing Company

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NEW YORK, NY - June 26, 2003 - The new chairman and CEO of the Recording Industry Association of America, when named, should empanel a group of advisors from the Internet music community to help identify areas of cooperation between the recording industry, artists, lawmakers and the global community that accesses music via the web, says Elan Oren, CEO of iMesh (www.imesh.com), a leading peer-to-peer file-sharing company with 40 million users worldwide.

"After years of acrimony -- and now new action by the RIAA -- a digital panel appointed to advise the new RIAA chief will enable the music industry, artists and Internet users to meet a common goal of legal and mutually beneficial music distribution worldwide," Mr. Oren said. "Peer to peer companies do not infringe copyrights; users do. (The RIAA lawsuit threat against users implicity supports this view.) Furthermore, users download noncopyright-protected material because the music industry does not make copyrighted material broadly available on the web."

iMesh.com recently released Version 4.1, featuring a new design and attractive new features including virus protection -- and some original content in searches. iMEsh.com is ad-supported and free of "spyware". iMesh.com offers a new advanced search feature for all types of media files (audio, video, games, software, photos and more). It offers multilingual support, very fast downloads from multiple users simultaneously, an automatic resume feature that assures the completion of all requested downloads, ability to access and view shared files, a media player with play lists and full-screen preview mode, bandwidth control and more.

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