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Press Releases

April 10, 2002

FOR IMMEDIATE RELEASE

Smart Loops and Cakewalk® Partner to Deliver Top-Quality Loops in SONAR™ 2.0

—Premier ACID™-Format Loops Developer Provides Quality Content for Industry-Leading Digital Multitrack Recording System—

Waltham, Mass., April 10, 2002 - Smart Loops, a premier developer of ACID-format loop-based music content and creation tools, announced its inclusion in Cakewalk's SONAR 2.0 and SONAR 2.0 XL, the latest versions of their award-winning digital multitrack recording system. Cakewalk is the developer of the best-selling music and sound software for Windows. Smart Loops products are used by leading GRAMMY®-recognized producers and studio musicians that work with today's hottest artists.

Smart Loops is once again providing Cakewalk with some of the best-sounding ACID-format drum loops available today. Smart Loops content was also included in Cakewalk's initial release of SONAR in spring of 2001, as well as in many other Cakewalk titles. The Smart Loops logo will again be prominently featured on SONAR 2.0 and SONAR 2.0 XL boxes, scheduled to hit retail music stores this month. Smart Loops will also provide loop content for other Cakewalk recording software and as well the Cakewalk Loop Collection.

Smart Loops Founder Frank Basile commented, "We're excited to provide our loops with SONAR 2.0, the standard in Windows digital multitrack recording. SONAR 2.0 users will have hundreds of Smart Loops at their disposal, which can be mixed and matched to create tracks that are uniquely realistic in sound and feel." Cakewalk's Vice President of Marketing, Chris Rice, added, "Combining Smart Loops with SONAR 2.0 is a great value-add for our customers. Including a collection of Smart Loops along with the new advanced audio looping and editing tools found in SONAR 2.0's Cyclone Dxi groove sampler will allow our customers to create the most natural sounding drum grooves right out of the box."

Smart Loops also offers a variety of retail products, including Dry Studio Kit, Percussion Kit, Electric Guitars, and Bass Guitars, as well as the highly acclaimed Rockit Fuel title co-branded with Cakewalk. The company's products contain ACID-compatible loops optimized for use in programs such as Cakewalk's SONAR 2.0 that allow users to change the tempo and pitch of their audio.

About Smart Loops

Smart Loops is a leading provider of pro audio loops and web-based recording services. All Smart Loops audio files are performed and recorded by professional studio musicians and producers. The Smart Loops libraries allow users to create professional music tracks with the realistic feel and dynamics of a natural performance. Smart Loops products are licensed worldwide, and the company’s audio and MIDI content is an integral part of the best selling music software products on the market. The company’s meticulously produced drum, percussion, guitar, and bass loops are endorsed by Grammy-winning musicians and producers worldwide.

About Cakewalk

Founded in 1987 and based in Boston, MA, Cakewalk is an international, industry-leading provider of software for music and sound creation. The company's award-winning products are used worldwide by more than 900,000 users, for applications including audio CD production, film/TV soundtracks, live stage sound, club remixes, computer game sound, multimedia applications, and Internet delivery.

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