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Vivamusic.com Announces Key Appointments in Management Team

Chief Technology Officer, Marketing Communications and Legal Affairs Added to Vivamusic.com Team

Singapore, May 16, 2000 - In a move that signals the phenomenal growth of the company, Vivamusic.com, the music entertainment portal of Asia, today announced that it has appointed former MediaCorp e-commerce project leader Patrick Stacey as its Chief Technology Officer.

Beginning immediately, Mr. Stacey will oversee all technical aspects of Vivamusic.com. He will spearhead Vivamusic.com's interactive Web development and e-commerce strategies."The potential for Vivamusic.com is enormous," said Mr. Stacey. "I look forward to helping Vivamusic.com achieve its vision of being the premier music distribution portal in Asia."

Mr. Stacey has extensive experience in the field of start-ups, having been heavily involved in conceptualising business models and technical solutions at MediaCorp. He led the development team in the analysis, design and implementation of total B2C e-commerce projects in support of business goals. Some of the projects he worked on included Video On Demand Broadband, which won the then National Computer Board's prestigious best application award for 1998. Prior to that, Mr. Stacey was the Applications and Projects Engineer at Sembawang Media where he consulted on Intranet projects in the government and banking and finance sectors. In 1993, Mr. Stacey published a book on e-mail while working as a Research Associate at the University of East Anglia in his native country, England.

Joining Mr. Stacey is Janet Chee, Manager of Business and Legal Affairs. Ms. Chee was formerly with Vertex Management, the venture capital arm of Singapore Technologies, where she gained considerable experience in the area of venture capital investments in high-tech start-ups. She has more than seven years of professional experience in corporate and cross-border commercial matters, both as a practicing lawyer and as an in-house legal counsel. She has substantial experience in structuring investment vehicles, drafting and negotiating joint venture agreements, investment and related security documentation.

Also newly hired is Lester Lim, who has been named Vivamusic.com's Marketing Communications Manager. Formerly with TRUSTe, the Internet industry's privacy seal program in Silicon Valley, Mr. Lim was instrumental in marketing the TRUSTe program, more than tripling their number of licensees from under 400 to over 1500, and making the TRUSTe seal the most visible symbol on the Internet as measured by Nielsen//NetRatings. Having helped build a successful dotcom in Silicon Valley, Mr. Lim brings his experience and extensive contacts in Silicon Valley to Vivamusic.com. He will be heading the Marketing department and will be responsible for building awareness and marketing Vivamusic.com.

Commenting on the appointments, Mark Lai, CEO of Vivamusic.com, pointed to its significance to the rising success of Vivamusic.com. "It has been worth the wait in forming this team, and as we forge ahead, we realize that getting the best people is an important element for the success of most, if not all, dotcoms," said Mr. Lai. "The people we have appointed come from various fields, and they are unique in that they have extensive experience in the new world of dotcoms where almost everyone else is still trying to find their feet."

The addition of new staff is the latest in a series of moves by Vivamusic.com to cater to its rapidly growing music portal. The Web site receives over two million hits a month and currently has over 30,000 members. Some of the projects in the pipeline include an actual physical extension of its portal, where people will be able to digitally download songs and physically touch and feel the products on hand.

About Vivamusic.com

Vivamusic.com is an online music distribution portal providing access to digital downloads of songs from the major recording labels. Consumers can download the hottest hits in Liquid Audio and Windows Media Format as well as watch full music videos of the most popular international, regional and local stars. Vivamusic.com also has a world's first with Karen, its Internet Jockey. She hosts her own weekly music video countdown online and users can also click to watch her interviews with famous music personalities. Vivamusic.com also has its own professional in-house production team that shoots exclusive content for the Web site. The Music Entertainment Portal also offers reviews of popular new releases, weekly contests and free concert ticket giveaways to members.

Issued by:
Vivamusic.com Pte Ltd
83A Kampong Bahru Road
Singapore 169379

Contact :
Lester Lim
Marketing Communications Manager
Vivamusic.com
Tel : (65) 221-2686
Email : lesterlim@vivamusic.com


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