mpGreek PREMIERES VIDEO DOWNLOAD SERVICES and VIDEO ON DEMAND

New York, NY – March 2007 – mpGreek, the global leader in Greek digital music services, today announced the availability of its new service, mpGreek Video Downloads. mpGreek lets fans purchase and download music videos. Repertoire is included from all record labels including SONYBMG, Warner, EMI, Heaven, LYRA, MBI, Virus Music, Alpha Records and more.

Users can now purchase and download more than 500 music videos. The number of video will increase to more than 4,000 until June 2007. Users can watch them on their PC, and Auto-Sync them with any DRM aware video player or mp3 player with Video for viewing anywhere.

Music Videos are just the beginning. The Company is already uploading its first blockbuster and independent movie deals which will launch in a few months. New features in the Video section will also include expanded on-demand options which now allow users to view via streaming specific music videos in lower quality. Occasionally mpGreek will Feature exclusive music videos from Greek and International artists in coordination with the Record Labels.

Purchases and download of Videos from mpGreek can be done with either credit cards or mpGreek’s Pre-paid card “DownloadCard”. Music videos are $2.99 in the US and €2.80 in Europe or 2.5 points with the Download Card.

“We’re doing for video what we’ve done for music, we’re making it easy and affordable to purchase and download, play on your computer, and take with you” said Mr. George Kontos, mpGreek’s Director. “We started by offering 600 music videos, which will become more than 1500 within a few months. This is the beginning of the Video download services for the Greek market. Movies, documentaries TV shows etc will follow with a drastic increasing pace.”

Mr. Apostolos Aivalis, Digital Business Manager for SonyBMG commented about the deal: “Video clips is a new emerging exciting product which goes beyond the promotional use and now more than ever becomes a priority for SONYBMG, as far as Video downloads and streaming services are here. Videos help us engage the user to the artist and its music, users demand it and MPGREEK is a pioneer in listening what users want.”

About Greased Networks, Inc.
Greased Networks is a leading technology firm at the forefront of Greek music downloads. The company revolutionized online Greek music delivery with the creation of its advanced full service download service - mpGreek. mpGreek who has almost the most complete Greek and international repertoire, is focused on the distribution of content from Greece and was established to serve the increasing demand for music, music videos, and ring tones for Greeks on the internet.

http://www.mpGreek.com
Greased Networks, Inc.
mpGreek PR Dept.
1-212-202-0696
info@mpgreek.com