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TouchTunes Music Corporation TOUCHTUNES CATCHES WAVES OF PACIFIC MUSIC LABELS

Pass Out Records Joins An Expanding Island of Hawaiian Tracks
Digital Jukebox Giant Re-signs with California’s Surfdog

LAKE ZURICH, Ill., March 8, 2007 — Put your ear against a TouchTunes digital jukebox, and you might hear the ocean.

The world leader in digital-downloading jukeboxes has added the small, highly creative Pass Out Records label to its growing online catalog of Hawaiian music available to its network of more than 24,000 coin-operated Internet jukeboxes.

The label is the brainchild of the Akamai Brain Collective, a group of three young Hawaiian musicians who play what they call “progressive island jams,” a fusion of jazz, blues, exotica, Latin, classical, and pop.

The label’s newest CD is Max Murdoch and the Northern Soul Project’s Maximum Stompers. The band is billed as “the only Northern Soul live act in the State of Hawaii.” Northern Soul music is fast-paced, danceable soul tunes — “stompers” — that first became popular in the north of England in the “swinging 60s.”

Another Pass Out CD, Dimensions, features young ukulele virtuoso Abraham “Abe” Lagrimas Jr. in original compositions and arrangements spanning musical genres.

“TouchTunes is developing a ‘big island’ of Hawaiian music ranging from traditional to alternative,” says Laurie Hughes, TouchTunes’ vice president, business affairs. “Whether a location wants traditional Hawaiian music for a luau party or its patrons want popular music by today’s young island artists, it’s available on a TouchTunes digital jukebox.”

Last year, TouchTunes signed the venerable Hula Records label. Founded in 1947, Hula boasts the oldest and largest catalog of Hawaiian music in the Hawaiian record industry. Its vast offerings include new recordings and reissues offering island standards and classics, hula, Hapa-haole (Hawaiian melodies and instruments with lyrics sung in English), Polynesian drumming, slack-key and steel guitar, and many genres of contemporary music by artists from Hawaii and elsewhere in the Pacific region. The CD Pinoy Musika features some of Hawaii’s best young Filipino talent, singing in Ilocano, Tagalog, and other Filipino dialects.

Meanwhile, TouchTunes has fetched a new licensing agreement with Southern California’s Surfdog Records.

Surfdog boasts an artist lineup that includes former Stray Cat Brian Setzer; the improbable Richard Cheese, “America’s loudest lounge singer,” who performs “swingin’ Vegas versions of rock songs”; alternative hip-hop group Wylde Bunch; instrumental rock guitarist Gary Hoey; Maui-based singer-guitarist Dylan Donkin of the group EchoBrain; the swinging, sardonic Dan Hicks and the Hot Licks; Gibby Haynes, enigmatic frontman for the Butthole Surfers; singer, songwriter, and guitarist Rusty Anderson from Paul McCartney’s band; and the wildly eclectic California-centric duo Slightly Stoopid.

TouchTunes Music Corporation introduced the world’s first digital downloading, coin-operated commercial jukebox in 1998. Today, TouchTunes’ online network of some 24,000 pay-per-play Internet jukeboxes in bars, restaurants, and other establishments throughout North America is the industry’s largest, representing a market share of more than 60 percent.

A privately held U.S. corporation, TouchTunes’ principal offices are in Montreal, Canada, and Lake Zurich, Ill., a Chicago suburb. The company is backed by VantagePoint Venture Partners, one of the largest venture capital firms in the world with offices in Silicon Valley, New York, and Montreal. VantagePoint has over $4 billion in capital under management, including a substantial portfolio of consumer-oriented digital-media companies that complement TouchTunes’ growing leadership in out-of-home, interactive entertainment.