CBC Records and IODA Partner For Digital Distribution

March 7, 2007

IODA, the global leader in digital distribution, marketing and technology solutions for the independent music industry, and CBC Records, CBC/Radio-Canada's record label, today announced that they will partner for digital distribution internationally. The agreement will enable CBC Records to make its extensive catalogue available through IODA's worldwide network of more than 300 digital retailers, mobile outlets and subscription services. The announcement was made at the Canadian Music Week conference in Toronto.

"This partnership will allow the further dissemination of a fabulous Canadian-based musical catalogue and heritage through the growing influence and expertise of a world leader in digital distribution," said President of CBC Merchandising, René Bourdages.

"Digital distribution allows regional music to cross territorial borders and make itself known worldwide," said IODA founder and CEO Kevin Arnold. "IODA is thrilled to be entrusted to bring the deep, rich catalogue of CBC Records to music fans around the globe."

CBC/Radio-Canada, Canada's national public broadcaster, is recognised as a leader in the development of Canadian music and musicians, nationally and internationally. CBC Records is one of Canada's premier independent music labels, featuring some of the country's finest musicians across all genres. The CBC catalogue contains an array of recordings, including those from Canada's major orchestras, internationally renowned musicians such as Glenn Gould, James Ehnes, Isabel Bayrakdarian, Guido Basso, and one of the most electrifying new world music groups, the African Guitar Summit.

For years, CBC Records has led in the Canadian classical music industry. Its recent expansion to other genres, including jazz, world, traditional and alternative rock reflects both the label's and CBC/Radio-Canada's goals in attracting broader audiences and consumers. CBC Records has won several JUNO, Grammy, and regional awards and nominations, demonstrating its high artistic and production standards.

About CBC/Radio-Canada
CBC/Radio-Canada is Canada's national public broadcaster and one of its largest cultural institutions. With 28 services offered on Radio, Television, the Internet, satellite radio, digital audio, as well as through its record and music distribution service and wireless WAP and SMS messaging services, CBC/Radio-Canada is available how, where, and when Canadians want it.

Through this array of activities, CBC/Radio-Canada brings diverse regional and cultural perspectives into the daily lives of Canadians in English, French and eight Aboriginal languages, in nine languages on its international Radio service, Radio Canada International, and in eight languages on its Web-based Radio service RCI viva, a service for recent and aspiring immigrants to Canada.

About IODA

IODA – the Independent Online Distribution Alliance – is the industry-leading digital distribution company for the global independent music community. IODA provides comprehensive services to record labels, physical distributors, and artists, including license negotiations; media encoding and metadata management; and royalty payment administration and reporting. The company also offers promotional support through the IODA Digital Marketing division and Promonet, a promotional distribution network that provides qualified podcasts, blogs, and other promotional sites with access to pre-cleared, legal music and other promotional assets from IODA's labels. Founded in 2003, IODA represents a rapidly expanding roster of over 800,000 tracks from more than 3,500 independent labels around the globe. The IODA catalog ranges from established classics to modern up-and-comers in all genres, including favorites such as Mac Dre, Blackalicious, Lil Jon & The East Side Boyz, London Symphony Orchestra, Jimi Hendrix, Fall Out Boy, Broken Social Scene, Cat Power, Aventura, Jamie Cullum, Heartland, Willie Nelson, Seu Jorge and Ravi Shankar. IODA distributes its client catalog to all major digital music services including the iTunes Music Store, MTV Urge, eMusic, Verizon's V CAST, Napster, the Sprint Music Store, Virgin Mega, AOL MusicNow, T-Online's Musicload, Yahoo! Music, FNAC, RealNetworks' Rhapsody, and over 300 other retail outlets. IODA was named one of FORTUNE magazine's 25 Breakout Companies for 2005. The company's web site is located at http://www.iodalliance.com.

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