Loudeye Provides Update on Auditor Opinion
March 23 2006 - 4:30PM
PR Newswire (US)
SEATTLE, March 23 /PRNewswire-FirstCall/ -- Loudeye Corp.
(NASDAQ:LOUD), a worldwide leader in business-to-business digital
media solutions, filed its annual report on Form 10-K with the U.S.
Securities and Exchange Commission on March 15, 2006. Loudeye's
consolidated financial statements for the year ended December 31,
2005, contained in the Form 10-K were audited by Moss Adams LLP,
Loudeye's independent registered public accounting firm. The audit
opinion of Moss Adams LLP relating to Loudeye's consolidated
financial statements for the year ended December 31, 2005, contains
a going concern qualification. This announcement is in compliance
with Nasdaq Marketplace Rule 4350(b)(1)(B) requiring separate
disclosure of the receipt of an audit opinion that contains a going
concern qualification, and does not reflect any change in or
amendment to Loudeye's audit consolidated financial statements for
the year ended December 31, 2005. About Loudeye Corp. Loudeye is a
worldwide leader in business-to-business digital media solutions.
Loudeye combines innovative services with one of the world's
largest music archives, a broad catalog of licensed digital music
and the industry's leading digital media infrastructure, enabling
partners to rapidly and cost effectively launch complete,
customized digital media stores and services. For more information,
visit http://www.loudeye.com/. DATASOURCE: Loudeye Corp. CONTACT:
Media/Public Relations, Karen DeMarco of mPRm, +1-323-933-3399, ;
or Investor relations, Chris Pollak, +1-206-832-4000, , both for
Loudeye Corp. Web site: http://www.loudeye.com/
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