Press Release

Live365 Promotes Alan Wallace To Senior Vice President of Communications

Foster City, CA (March 14, 2001) - Live365 (www.live365.com), the world's largest Internet broadcasting community with over 30,000 Internet radio stations, has announced the promotion of Alan Wallace to Senior Vice President of Communications from Vice President of Marketing.

Under his new title, Wallace will be directly responsible for overseeing the continued development and expansion of Live365.com's public relations and communication efforts. He will also continue to serve as a key spokesperson for the company. Since joining, Wallace's efforts have resulted in a 500% increase in media visibility for Live365, notable coverage has included CNN, ABC, TECHTV, Los Angeles Times, New York Times, Forbes and Business 2.0.

"Since joining our team in June 2000, Alan has played a pivotal role in increasing the awareness and visibility of Live365," said Alex Sanford, President and CEO of Live365.com. "In his new role, he will only help Live365's continued growth and position as the world's largest Internet radio broadcaster."

Prior to joining Live365.com, Wallace was co-founder & CEO of InterActive Agency (www.iagency.com), a public relations, advertising and Internet marketing firm. While at iAgency, he launched many well-known sites including Warner Bros. Online & TrumanShow.com and he created the iAgency newswire, a database-driven email press release distribution system. Before co-founding InterActive Agency, he worked as on-air talent and produced top-rated radio programs in Houston, Los Angeles and Nashville. A member of the Entertainment Publicists Professional Society, Wallace is an active speaker at events including the National Association of Broadcasters, Internet World, Showbiz Expo, World Research Group, ETV and Hollyweb.

About Live365

Live365 www.Live365.com is the world's largest broadcaster of streaming MP3 content on the Internet, with more than 30,000 free stations available for users to listen to at anytime, and innovative proprietary technology for users to create their personal, unique station to broadcast to a worldwide audience. Rated one of the largest aggregate network streamers in a recent report issued by Arbitron, Live365's "Studio365" tools empower traditional radio stations, record companies, community groups and others with a free and easy solution to streaming audio over the Internet. A leader in the development Internet radio through wireless devices, Live365 created the first streaming MP3 player for the Pocket PC, and offers all their stations on the revolutionary 3Com/Kerbango portable Internet radio player. Founded in July 1999 in Foster City, CA, 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."

For more information on Live365.com, please contact: pr@live365.com