CNet Makes Investment in Epitonic MP3 Music Review/Download Site [URLwire]

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		^{URLwire for Thursday, October 14, 1999}
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		CNet Makes Investment in Epitonic Music Review/Download Site

		Epitonic.com , a leading source of cutting-edge downloadable music on the Net, today announced the closing of its first round of financing. The company secured additional financial backing from CNET, Inc. (NAS:CNET). Terms were not disclosed.
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Epitonic.com will use the investment to enhance its content, site development and consumer marketing. The financing also allows Epitonic.com to continue its rapid growth and solidify its role as the Webs first editorial MP3 site, bringing consumers only the best tracks from an eclectic array of labels and genres.


Epitonic.com is a leading source for cutting-edge downloadable music, is the first editorial MP3 site on the Web.

"Epitonic.com is proud to partner with CNET because thats where people go to learn about new ways to use the Internet and technology, and the sites editorial information consistently saves time for its millions of users, said Aaron Newton, Epitonic.com President and Founder. This is exactly what Epitonic.com is all about focusing on consumers and creating a fun, easy way for them to discover amazing music.

Epitonic.com leads the pack with a real understanding of music, great content, and a compelling editorial presentation, says Matt Comyns, CNETs Associate Vice President of Strategic Development.CNET looks forward to helping foster Epitonics business success, and gaining a deeper understanding of the MP3 downloading phenomenon through this relationship.

Epitonic.com, the leading source for cutting-edge downloadable music, is the first editorial MP3 site on the Web. Epitonic.coms mission is to help people discover and enjoy great alternative music. The companys editorial staff musicians, industry insiders and music freaks focuses on licensing and showcasing only the best songs from quality record labels such as Ubiquity, Slowdime, DeSoto and Mammoth. Every month, Epitonic.com visitors download over 550,000 tracks a month in diverse alternative genres from electronica to indie rock to Latin jazz. Founded in January 1999, San Francisco-based Epitonic.com solves the dilemma: With so much music on the Web, how do you find the good stuff? For more information, visit http://www.epitonic.com.

CNET, Inc. (Nasdaq:CNET) is at the leading edge of media companies, producing a branded Internet network and television programming for both targeted and general audiences. Online and on television,
CNET is the leading authority on computers, the Internet and digital technologies. CNET's network serves millions of users each day. CNET television programming airs on CNBC, USA Network, the Sci-Fi Channel and in national syndication, as well 61 foreign countries. CNET effectively owns 40 percent of Snap.com, a search and navigation service for all Internet users, co-owned by NBC. CNET also owns stakes in Vignette Corporation, a manufacturer of premier Web publishing software, and Beyond.com, the world's leading online software reseller.

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