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Coby Electronics Announces New and Expanded Digital Content Alliances

Coby Electronics (http://www.cobyusa.com), a leader in portable consumer electronics products designed to fit every lifestyle, today announced new and expanded strategic Digital Content alliances with eMusic, Napster (Nasdaq: NAPS), Podcast Ready, and Woozyfly. The announcement was made just prior to the opening of the 2008 Consumer Electronics Show at Coby's booth, #14444, in the Central Hall of the Las Vegas Convention Center.

"Coby is thrilled about our new and expanded digital content partnerships with eMusic, Napster, Podcast Ready, and Woozyfly.com leaders in their respective arenas surrounding internet delivery of music, audiobooks, podcasts and independent music videos", said Jason Weber, Internet Sales Manager for Coby Electronics. "Each partner aligns seamlessly with Coby's mission to provide quality, innovation and convenience to fit the lifestyles of today's consumers. We look forward to working together to enhance the digital entertainment experience for Coby consumers around the world."

eMusic, a leading digital entertainment retailer of music and audiobooks, today announced an expanded strategic alliance to deliver free music downloads and one free audiobook to Coby customers. As part of the partnership, all Coby MP3 players, MP4 players and Portable Media Players will feature bundled eMusic trial offers that enable Coby users to quickly and easily download digital music and audiobooks in MP3 file format, enabling effortless enjoyment of portable digital entertainment. Redemption details may be viewed at http://www.emusic.com/coby

"At eMusic, we focus on a sophisticated adult customer who appreciates great music and literature. Our partnership with Coby has been a terrific way for us to reach that consumer and we're excited to expand our offerings and successful working relations with them," said Greg Hohman, eMusic Vice President of Business Development and Emerging Markets. "Coby customers can now explore our expansive catalog of three million tracks and are eligible for free music downloads in the universally compatible MP3 format, simply for visiting our site."

Napster, the pioneer of digital music, today announced an expanded strategic alliance to deliver a 14 day free trial of the Napster To Go service bundled with select Coby Headphones, Earphones and Earbuds. The Napster To Go enables Coby consumers to conveniently experience and enjoy digital music through on-demand, web-based streaming and portability to over 100 compatible MP3 players and music phones. Napster offers the industry's largest and most comprehensive catalog of more than 5 million tracks including major and independent labels, plus a rich set of music discovery tools such as pre-programmed playlists, commercial-free, interactive radio stations, Billboard charts, new releases, genre and artist pages and more. Redemption details may be viewed at http://www.napster.com/coby

"We look forward to introducing Coby's customers to the best digital music experience available," said Napster Chief Operating Officer Christopher Allen.

Podcast Ready, a leader in mobile podcasting today announced a new strategic digital content partnership to deliver digital Podcasts to Coby consumers. The new software and distribution deal includes all Coby MP3 players, MP4 players and Portable Media players and will feature bundled Podcast Ready software. This new alliance enables Coby consumers to download and enjoy a myriad of commercially available podcast content free.

"Podcast Ready is excited about our partnership with Coby Electronics," said Russell Holliman, CEO of Podcast Ready. "Coby's broad distribution and success with consumers combined with myPodder from Podcast Ready will allow Coby users to enjoy our unique and compelling content that myPodder makes so easy to experience. In addition, media companies and independent podcasters will have an entirely new audience available to them. We are looking forward to a successful partnership as well as this next stage of incredible podcasting growth."

WoozyFly.com the online music media company devoted to independent artists today announced a new strategic Digital Content partnership to deliver music videos to Coby consumers. Select Coby MP3 players with video, MP4 players and Portable Media players are included in this new partnership and will feature an assortment of original WoozyFly.com music videos featuring independent artists showcased on the WoozyFly.com website. The partnership will enable Coby consumers to experience digital music videos as well as interact directly with independent artists via the WoozyFly.com website. Redemption details may be viewed at http://www.woozyfly.com/coby

"Our partnership with Coby is another step in WoozyFly.com's branding and transcendence across all forms of media distribution," said Jonathan Bomser, President and CEO of WoozyFly.com."The introduction of WoozyFly.com content to Coby customers worldwide is another example of the WoozyFly.com model helping music fans discover great new music and indie artists gaining new fans. We look forward to a long and fruitful partnership with Coby and its customers."

About Coby Electronics

Coby (http://www.cobyusa.com) is a manufacturer of quality consumer electronics products, headquartered in New York City. Since its inception in 1990, Coby has risen through the ranks of the consumer electronics industry. Today, Coby is redefining the way consumer electronics products are created, enhancing its ability to lead the industry through a challenging economy. With the understanding of its customers' needs and desires, Coby has developed a strategy of maintaining the lowest cost structure in the industry without compromising the quality of its products. Within the past decade, Coby's team of inventors, engineers, and designers have earned a number of U.S. patents and design awards, with several additional patents pending. Based on the company's portfolio of intellectual properties, Coby has created generations of products that are consistent market share leaders. Additional partner details may be viewed at http://www.cobyusa.com/partners.html

About eMusic

eMusic (http://www.emusic.com) is a digital entertainment retailer focused on serving customers aged 25+ by offering independent music and audiobooks in a universally compatible format at a great value. It is the world's largest retailer of independent music and the world's second-largest digital music service after iTunes, with more than three million tracks from 20,000 of the world's leading independent labels and over 1,500 titles from top audiobook publishers. To super-serve its customers, eMusic provides award-winning editorial content, a vibrant online community and unrivaled music discovery tools. eMusic's subscription-based service offers 25 free downloads or one free book at sign-up, giving consumers an inexpensive, low-risk way to explore great new music and books they wouldn't find otherwise. Its universally compatible MP3 files play on any device including the iPod. Based in New York with an office in London, eMusic.com Inc. is wholly owned by Dimensional Associates, Inc., the private equity arm of JDS Capital Management, Inc.

About Napster

Napster, the pioneer of digital music, offers the ultimate in interactive music experiences, creating better ways to discover, share, acquire and enjoy music -- anytime, anywhere. The company's offerings include "Napster" (http://www.napster.com) -- the most popular, on-demand music subscription service in the world; "Freenapster" (http://www.freenapster.com), a unique Web experience offering free, on-demand music legally in the U.S.; and "Napster Mobile," one of the industry's fastest growing mobile music platforms, providing the premier mobile music experience for customers in ten global markets. Headquartered in Los Angeles, Napster's services are available in markets across North America, Europe and Japan.

About Podcast Ready

Podcast Ready (http://www.podcastready.com) provides software and services that remove the obstacles that are limiting the widespread adoption of podcasting, making subscribing and listening to podcasts easier and more portable. The company's website provides podcast subscribers with an easier-to-use, feature-rich portal for the management of podcast programs and subscriptions. The company's myPodderTM software will be available pre-loaded on select MP3 players and by free download at www.podcastready.com. Unlike other companies, Podcast Ready's enabling podcast player technology is installed on a user's device rather than the desktop; is O/S and device independent; provides one-step syncing; allows sharing of permitted content; and remains independent of a dedicated portal. Podcast Ready was founded in Houston, Texas by Russell Holliman, an early member of the podcasting community.

About WoozyFly.com

WoozyFly (http://www.woozyfly.com) is an online music media company devoted to independent music that has deconstructed the traditional model and is introducing a completely new approach to music. Among the strategic alliances and partnerships that WoozyFly has are major indie labels including Blackheart Records Group, Robbins Entertainment, Eagle Rock Entertainment, Defend Music and The End Records. Woozyfly.com a multimedia network where artists, fans and EJs (Electronic Jockeys) can dynamically interact together on one site using the latest intuitive technology, has more than 1000 bands representing 16 musical genres. Fans, Artists and Ejs can create their own music shows, share videos and tracks, view WoozyFly's very own produced programs featuring the hottest artists on the site, as well as keep in touch with the latest news from some of the world's finest independent artists.

Press Contacts:

For Coby Electronics

Alison Grand

Grand Communications

212.584.1133

alison@grandcommunications.com

For Napster.com

Jeff Fox

Blueshirt Group

415.828.8298

jeff@blueshirtgroup.com

For eMusic.com

Cathy Halgas Nevins

EMusic.com Inc.

212.291.9201

cnevins@emusic.com

Denise Yantin

eMusic.com Inc.

212.300.2885

dyantin@emusic.com

For PodcastReady.com

Andrew Clark

Podcast Ready, Inc.

281.731.0983

andrew@podcastready.com

    

For WoozyFly.com

Robert Zimmerman

Middleberg Communications

646.237.0579

rzimmerman@middlebergcommunications.com

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