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Brilliant Technologies Names Andrew Nibley to Lead Qtrax Advisory Board NEW YORK--(BUSINESS WIRE)--Brilliant Technologies Corporation (OTCBB: BLLN - News) today announced
that it has named industry authority Andrew Nibley to lead the
Company's newly-formed Qtrax advisory board. Mr. Nibley's broad
expertise in advertising, music, media and the Internet is an ideal
match for Qtrax, the ad-supported peer-to-peer music offering that is
expected to launch during the first half of the year.
Other Qtrax advisory board members, who will be named shortly, are experts in relevant fields including music, Internet, advertising and consumer product development. Allan Klepfisz, Brilliant president and CEO, commented: "Every element of Qtrax's development and roll-out is of the utmost importance to us, especially the revenue-generating advertising component. We have created this advisory board to ensure that we debut with a world-class product, and are honored that someone with Andy Nibley's pedigree is on our side and leading this team of experts." "Brilliant Technologies is providing me with a rare opportunity to help shape a product that I believe will revolutionize the way that music is consumed while helping to spur record company revenue," said Mr. Nibley. "I look forward to working closely with Allan as well as the Company's COO, Ken Parks, on the development of this ground-breaking new service that will also provide advertisers with an effective new platform to reach the coveted audience of digital music fans." Qtrax is poised to be the world's first legal ad-supported peer-to-peer music service, providing fans with free access to high-quality, high-fidelity digital music files. The service also gives users an array of allied services, including a premium subscription option and the ability to purchase individual tracks, albums and related products. Brilliant already has licensing deals in place with major record labels and music publishers including EMI Music, Warner Music Group, Sony/ATV Publishing and Universal Publishing, as well as independents including TVT, The Orchard and V2. About Brilliant Technologies: Brilliant Technologies Corporation is a technology holding company devoted to research and development leading to commercialization of innovative, proprietary technologies. Through its subsidiary, LTDnetwork, Inc., the Company owns a range of cutting edge proprietary software designed to facilitate and enhance ecommerce. The Company is currently preparing for the launch of Qtrax, the company's innovative P2P file-sharing service, and has already signed deals with Universal, Sony/ATV, Warner Music Group, The Orchard, EMI Music Publishing and EMI Music, TVT Records, Go Digital, ASCAP and BMI. The Company is based in New York, New York and Melbourne, Australia. More information about Brilliant Technologies Corporation and its Qtrax product is available at www.ltdnetwork.com and www.qtrax.com, respectively. Safe Harbor This announcement contains express or implied forward-looking statements which involve known and unknown risks and uncertainties that could cause actual results to differ materially from those suggested, including but not limited to risks identified and discussed in company filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management's expectations as of the date hereof and future results may differ materially from expectations and the company disclaims any obligation to update them except as required by law. Contact: Perception Management Rich Schineller, 941-918-1913 rich@prmgt.com Source: Brilliant Technologies Corporation
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