mpGreek Launch - Greek Music Downloads Service

Released on = February 22, 2005, 8:13 am

Press Release Author = Greased Networks Inc

Industry = Internet & Online

Press Release Summary = mpGreek is focused on the distribution of content from Greece and was established to serve the increasing demand for music, music videos, and ring tones for Greeks on the internet. mpGreek has started off with a catalog of over 20,000 tracks from over 250 artists and is poised to become the premiere destination of digital Greek music.

Press Release Body = New York City -- February 22, 2005

Greased Networks, Inc. today announced the launch of mpGreek the first online music download store dedicated to music from Greece. The store will offer music from premiere labels such as Heaven Music, Alpha Records, FM Records and many others,
offering initially a catalog of over 20,000 songs. The store is currently offering Greek content including all the CD's from Fame Story Season 1 until the latest
releases. New and older Greek and Foreign content will be added on an ongoing basis.

The store offers an intuitive and user-friendly interface for browsing and searching Greek music both in Greek and English language. The music is categorized by styles that are familiar to existing audiences, and the store allows searches by genre,
artist name, album name, song name, music label and other keywords. The site is targeted primarily to Greek users, residents and non residents of Greece and Cyprus. To the millions of Greek users in the world who have access to broadband Internet,
mpGreek.com will offer the ability to browse and download high quality music on demand.

Alexis Kombogiannis and George Kontos, members of the Board of Directors of Greased Networks, Inc. and principal investors in mpGreek, stated, "We envision mpGreek initially establishing itself as the premier online marketplace for Greek music
similar to the foreign music standards and subsequently becoming the leading provider of digital downloads for all digital content from Greek-music, music videos, and films on demand. We foresee tremendous potential in this space, driven
by the popularity of portable devices such as MP3 players and Portable Media Centers. Digital music providers such as mpGreek will play an increasingly important and influential role in helping deliver this content to consumers."

Mr. George Levendis, Managing Director of Heaven Music SA stated, "We are excited about our partnership with mpGreek. Heaven Music recognizes the increasing importance of the Internet for delivering music to consumers, and is pleased to
offer its music on mpGreek, a site focused exclusively on Greek audiences. Consumers
of Greek music will find it tremendously convenient to source so much of our artists music in one single place."

mpGreek uses Microsoft's DRM technology for digital encoding its repertoire in order to protect and securely deliver content for playback on a computer, portable device, or network device.

About Greased Networks, Inc.
Greased Networks, Inc. owns 100% of the mpGreek Service. mpGreek is focused on the distribution of content from Greece and was established to serve the increasing demand for music, music videos, and ring tones for Greeks on the internet. mpGreek
has started off with a catalog of over 20,000 tracks from over 250 artists and is poised to become the premiere destination of digital Greek music.

http://www.mpGreek.com
Greased Networks, Inc.
mpGreek PR Dept.
(800) 460-5935
info@mpgreek.com

Web Site = http://www.mpGreek.com

Contact Details = http://www.mpGreek.com
Greased Networks, Inc.
mpGreek PR Dept.
(800) 460-5935
info@mpgreek.com