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August 16, 2005

MusicNet Appoints New CFO

Release: MusicNet, the B2B digital music service provider, has appointed Rory Parness to the position of Senior Vice President and CFO. In this role, Parness will be responsible for overseeing MusicNet's planning, reporting and financial systems operations, as well as monitoring and ensuring the company's financial strength.
Parness joins MusicNet from New York-based Zomba Label Group, a division of Sony-BMG, where he served as Senior Vice President, Finance and Administration/Chief Financial Officer.

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