Thursday, December 06, 2007

Music Intelligence Solutions Announces $7 Million Funding Round

Funds to Accelerate Expansion of Web 2.0 Platform for Music Discovery and Mobile Music Applications for Consumers

SAN FRANCISCO, CA--(Marketwire - December 5, 2007) - Music Intelligence Solutions, Inc., a global leader in the field of digital music and media discovery, today announced that it has completed a $7 Million funding round. This financing round is led by angel investors with ties to global private equity and hedge fund management.

Music Intelligence Solutions' expansion has been highlighted by the continued success of its bundled music discovery solution -- Music Intelligence Universe™, and market potential prediction solution -- Hit Song Science™, which is currently deployed at Orange Wireless as part of the 'Enjoy your Music' and 'New Talents' programs in Spain. The project with Orange Wireless enhances the mobile music experience for consumers by leveraging the unique ability of the patented software to predict the market potential of new music for artists while also enabling music discovery in a targeted manner across multiple genres and languages for wireless users.
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