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Sonicbids Wins Award for Innovation at Popkomm

Music community stands out among more than 1,000 companies as top international music & marketing innovator

BOSTON, MA - September 27th, 2005 - Sonicbids, the leading online platform connecting independent musicians with the world's top music promoters, is pleased to announce their win at the Popkomm Innovation in Music & Entertainment Award (IMEA) event on September 14th in Berlin, Germany. Sonicbids walked away from the award event with the silver IMEA trophy and several other prizes. Nominated in the Live Music & Marketing Innovations category, Sonicbids and thirteen other finalists gave a formal presentation before an audience of jurors, international trade show visitors, experts, industry insiders and the media.

"Initially there were over 1,000 inquiries from around the world. In the end 300 companies from 20 countries submitted their applications and 14 finalists were chosen," commented Gerd Leonhard, author of 'The Future of Music' and Chairman / Executive Producer of the annual Popkomm-IMEA Awards. "This year's quality of submissions was extremely high. The jury believes that the companies we selected may very well end up being significant players in the development of the music and media industries going forward."

"It is an honor to be considered as one of today's top innovators in the music industry worldwide," says Sonicbids Founder & CEO Panos Panay. "We will continue to use our technology to its maximum potential, setting high standards for our company while meeting the needs of the music community."

Used by brands like Jeep, Zippo and Virgin College Mega Tour as a key music marketing tool, Sonicbids currently connects almost 50,000 musical artists and over 3,600 event promoters, festivals, corporate marketers, and film/TV music supervisors from around the world. Sonicbids' main product, the Electronic Press Kit (EPK™ ), is a creative 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, biographies, streaming video, photos, and tour dates.

About Sonicbids:
In business since 2000, Sonicbids has become 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 almost 50,000 bands and 3,600 exclusive partners in 107 countries, 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.

About Popkomm/IMEA:
The 2nd Annual Popkomm-IMEA took place in Berlin on September 14, 2005, the first day of the annual Popkomm show (September 14-16, 2005). More information can be found online at www.popkommawards.com. This year's awards are now closed. Popkomm IMEA's media partners include Billboard Magazine, MusikMarkt, Digital Media Wire and Musically.

About Popkomm:
The 17th Popkomm took place at the Berlin Exhibition Grounds from September 14-17; numerous trade visitors from all over the world attended this established business platform for the music and entertainment sectors. With its Exhibition, Festival and Congress sections Popkomm provides three forums for the participants, who represent not only the core sector of the music business but also

 
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