Nareos Intros Mobile P2P

Nareos introduces legal mobile peer-to-peer download service, PeerBox

January 23, 2006

2 Min Read

BEVERLY HILLS, Calif. -- Beverly Hills, 23 January 2006: Nareos, the pioneering digital content commerce solutions provider, today introduced the world's first legal mobile p2p file sharing service, PeerBoxT, at Midem in Cannes. PeerBoxT, designed for next generation mobiles, allows the users to search for music and download songs from the open peer-to-peer file sharing networks, such as eDonkey 2000, Gnutella and others. PeerBoxT combines an audio fingerprinting component to offer copyrighted songs only as paid downloads, as well as on-air and speech recognition to identify music and speech-assisted search.

Nareos are the first to introduce a purely legal P2P file-sharing service on mobile.

Users are required to either 'speak' or 'type' a music search query on their mobile to search for a title in p2p networks. The users can also hold their handset to music - and after 15 seconds the song, album and artist information appears on the PeerBoxT screen, together with a price for its download. The service will be offered as a subscription and a pay-per-download service - which will appear on the customer's cellular phone bill or credit card. Whilst the service requires payment for copyrighted material there are artists using the p2p networks as an outlet for promoting their music - whose songs can be downloaded for free.

Nareos are not able to disclose third party agreements at present but anticipate sales revenues from Q2 2006 onwards. The application will also be available to download off the website soon.

Founder and CEO of Nareos, Alexander Lazovsky, commented that "We are delighted to have created a mobile service that combines the richness of P2P with the legality of an online store. The mobile is a fast growing medium for file-sharers and we aim to provide a convenient and exciting way to purchase music, anytime and anywhere - whilst supporting established and growing music artists around the world. We are proud to demonstrate PeerBoxT at Midem - being the first company to put together all the pieces in the puzzle of legal mobile p2p file-sharing."

Nareos Inc.

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