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EMUS

REDWOOD CITY, Calif., March 29 /PRNewswire/ -- EMusic.com Inc. (Nasdaq: EMUS), the Internet's leading seller of downloadable music, today announced the launch of co-branded Web sites with America Online's (NYSE: AOL) popular Interactive Properties brands ICQ, Winamp and Spinner.com. EMusic's catalog of over 90,000 downloadable MP3 music tracks will now be available to the millions of users of the world's largest online communications community, ICQ, the number one high fidelity audio player, Winamp, and leading Internet music service, Spinner.com.

"As a premier music partner of America Online's Interactive Properties Group, we are working together to bring the benefits and convenience of downloadable music to millions of people," said Gene Hoffman, president and CEO of EMusic.com. "These new sites will make it even easier for ICQ, Winamp and Spinner users everywhere to discover and listen to new music."

"Music is an important part of ICQ users online experience," said Danny Krifcher, vice president of ICQ.com. "We are delighted to improve their access to quality downloadable music through our cooperation with EMusic.com."

"We are pleased to work with EMusic.com to create these co-branded Web sites," Josh Felser, general manager of Winamp and Spinner. "Whether they're grooving to the latest download on Winamp or tuning in to their favorite channel at Spinner.com, listeners will have more convenient access to great tracks."

About ICQ

Created in 1996 by the Israel-based company, Mirabilis, and acquired by America Online, Inc. in June 1998, ICQ is the world's largest communications community with more than 50 million registrants worldwide. The ICQ service is a communications portal built around the ability to seek and communicate with your friends, family and colleagues online. ICQ, whose unique and free software is available for download at www.icq.com, is part of the AOL Interactive Properties Group.

About Nullsoft Winamp

Launched in January 1998, Winamp is the world's leading high-fidelity audio player, giving millions the ability to listen to digitally downloaded music. Winamp supports playback of MP3, CD, and all popular digital audio formats, custom appearances called skins and audio visualization and audio effect plug-ins. Nullsoft, which developed Winamp (www.winamp.com) and SHOUTcast (www.shoutcast.com), was acquired by America Online, Inc. in May 1999. Nullsoft resides in San Francisco's Audio Alley and is part of AOL's Interactive Properties Group.

About Spinner.com

Spinner.com is the first and largest Internet music service with 130+ music channels. Covering an unprecedented depth and breadth of music programming -- with channels such as 90s Rock, Bluegrass, British Invasion, Chicago Blues, Top Pop, Great Guitar, Jungle and Latin. The Spinner player displays artist and song information as music is played, while providing dynamic links that enable online purchasing and real-time listener feedback.

Spinner.com was acquired by America Online, Inc. in May 1999, and merged with Nullsoft, Inc. Spinner.com and Nullsoft now reside in San Francisco's Audio Alley. New listeners can visit Spinner.com and download a free player at www.spinner.com

About EMusic.com

www.EMusic.com is a Web site for sampling and purchasing music in the MP3 format, which has become the standard in the digital distribution of music. Through direct relationships with leading artists and exclusive licensing agreements with over 600 independent record labels, EMusic.com offers an expanding collection of over 90,000 tracks for purchase -- individual tracks for 99 cents each or entire downloadable albums for $8.99.

EMusic.com features top artists in all musical genres, such as Alternative (Bush, Kid Rock, They Might Be Giants, Frank Black), Punk (Blink-182, The Offspring, Pennywise), Jazz (Duke Ellington, Dizzy Gillespie, Louis Armstrong, Concord Records), Blues (John Lee Hooker, B.B. King, Buddy Guy), Hip Hop (Kool Keith, The Coup), Country (Merle Haggard, Patsy Cline), Rock (Phish, Elvis Costello, Goo Goo Dolls, David Crosby), World (Nusrat Fateh Ali Khan, Lee 'Scratch' Perry) and Vintage Pop (Liza Minnelli, Eartha Kitt, Judy Garland).

Since it was founded in January 1998, EMusic has established itself at the forefront of how music will be discovered, delivered and enjoyed in the next decade. In addition to having the Internet's largest catalog of downloadable MP3 music available for purchase, EMusic operates one of the most popular families of music-oriented Web sites -- including RollingStone.com, EMusic.com, DownBeatJazz.com and IUMA. The company is based in Redwood City, California, with regional offices in Chicago, Los Angeles, New York and Nashville.

NOTE: EMUSIC is a registered trademark and EMUSIC.COM is a trademark of EMusic.com Inc.

Market Capitalization $232.5M

Shares Outstanding 36.8M

Float 23.6M