Press Release

Live365 Announces Appointment of Heather Shaw as Director of Sales

FOSTER CITY, CA, November 30 – Live365 (www.live365.com), the world’s largest Internet broadcasting community with more than 22,000 Internet radio stations, has announced that Heather Shaw has been appointed Director of Sales for the company. In this capacity she will manage the advertising sales and traffic departments and work closely with the Vice President of Sales to generate revenue for Live365.

Ms. Shaw has over ten years experience covering all areas of the sales arena including Internet and international sales. Prior to joining Live365, Shaw spent two years at OnRadio.com, where she was involved in the convergence of terrestrial radio to the Internet, working with radio stations to bring their “on-air” personalities to “online.” Ms. Shaw also brings several years of advertising and sponsorship sales experience in the music industry, working for VIBE and SPIN magazines’ online sectors.

“Heather’s previous experience with convergence and online radio is a great asset to Live365 as we continue to grow and dominate the on-line radio,” said Alex Sanford, President and CEO of Live365. “Her expertise and focus provide for a wonderful addition to our sales team and to Live365 as a whole.”

About Live365

As the world’s leading Internet Radio Provider, Live365 gives users free access to the largest selection of Internet radio stations worldwide. Anyone with a computer and an Internet connection can choose from over 22,000 simultaneous broadcasts or create their own unique station using Live365’s proprietary technology. With hundreds of new users signing on each day, Live365 currently features more radio stations than does the entire United States terrestrial radio broadcast network. Live365 also provides traditional radio stations, record companies, community groups and religious organizations the most affordable and easy solution to streaming audio over the Internet. Live365 has been named one of the “Top 6 Killer Apps” of streaming media by Deutsche Banc Alex Brown, one of the world’s top international investment banks, in its May 2000 report “Internet, Broadband, and Enhanced TV.” Founded in July 1999 in Foster City, CA, Live365 is the single largest broadcaster of streaming MP3 content on the Web. For more information, go to www.live365.com.