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| Sonicbids Places on Fast Company’s Magazine’s FAST 50 List of Most Innovative Companies of 2004 Founder and CEO Panos Panay, 32, recognized for his vision in building an online community for musicians to interact with music promoters, booking agents, and corporate marketers through a simple online interface BOSTON, MA – February 15th, 2005 – Sonicbids, the leading online platform enabling musicians to connect with music promoters, and Founder/CEO Panos Panay, have been named to Fast Company Magazine’s annual FAST 50. The FAST 50 recognizes the most innovative companies and executives of 2004 as voted on magazine’s readers. Sonicbids is the only music/entertainment company named to this year’s exclusive list. “Our selection to the FAST 50 is a testament to passion of the independent music community, the artists that make it happen, and the hard work and dedication of our Sonicbids team,” says Panos Panay, Founder and CEO of Sonicbids. “Combined with tremendous support and commitment from our partners in 2004, we were able to increase the membership of our online community to over 24,000 artists and 2,500 events.” In 2004, through new partnerships with Zippo, the Virgin College Mega Tour, Arizona Jeans, MIDEM, NACA, the CMJ Music Marathon, and Milwaukee’s Summerfest, Sonicbids saw its revenue and profit increase by an astonishing 350% and 700% respectively. “We are thrilled with our success in 2004,” says Panay, “but know that we are just at the tip of the iceberg and have no plans of slowing down in 2005. Sonicbids’ key product is the Electronic Press Kit (EPK™). Created as an alternative to bulky and expensive hard copy press kits, the Sonicbids service allows bands to create their own easy-to-use, web-based graphic interface that contains all of the basic information about a musical act such as music clips, biography, photos, and tour dates. The EPK can either be emailed to a club, contest, or event with the click of a mouse or submitted directly to online promoter accounts through a virtual “Drop Box.” Recently, Sonicbids introduced the Supersonic EPK™ that allows bands to include high-resolution photos, up to 10 minutes of streaming video, a PDF version of their stage plot, and twice as many songs. For more information on Sonicbids, go to www.sonicbids.com. To schedule an in-person or phone interview with Panos Panay, Founder and CEO of Sonicbids, please contact PR Specialist Ted Miller at (305) 576-1171 x2 or via e-mail at tedmiller@maxborges.com. About Sonicbids In business since 2000, Sonicbids is quickly becoming the standard way for people in the music business to send and receive press kits online. The company's main product is the Sonicbids EPK™ (Electronic Press Kit), an easy-to-use, web-based graphic interface that contains all the basic information of a musical act such as music, photos, date calendar and riders. The EPK™ can either be emailed to anyone with a click of the mouse or submitted in online promoter accounts through a virtual "Drop Box". Sonicbids currently has over 2,200 exclusive partners, a list that includes prominent North American events and festivals such as MIDEM, CMJ, Summerfest, North By Northeast, Jagermeister Band Sponsorship Program, NEMO, Canadian Music Week, Folk Alliance, Locobazooka!, and the Billboard Song Contest. The rapidly growing size of Sonicbids' network and widening acceptance of its product have helped it quickly become the leading online submission platform for some of the world's best-known music events. The company is headquartered at 580 Harrison Avenue, Boston, MA 02118. For more information, please visit www.sonicbids.com. Press Contact: Ted Miller PR Specialist Max Borges Marketing Solutions 3510 Biscayne Blvd, Suite 208 Miami, FL 33137 (305) 576-1171 x2 tedmiller@maxborges.com |
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