Grokster Fights for Freedom

Launches Version 2.6

Empowers Self-Regulating, Self-Publishing Network

NEVIS, WEST INDIES and LOS ANGELES (--February 5, 2004--) On the heels of a federal appeals court hearing over an entertainment industry appeal in MGM Studios v. Grokster, a case that will test the strength of the Supreme Court's "Betamax" decision, Grokster announced today the launch of version 2.6, a much-anticipated new release of its popular P2P (peer-to-peer) software. (www.grokster.com)

Grokster’s release of version 2.6 is a major upgrade in the battle for media independence. The latest client published to Grokster's millions of users further empowers citizens to create their own self-assembled, self-regulating community.

“In this age of media monopolization and consolidation, it is critical to establish democratic and consumer-driven applications to preserve diversity of opinion and ideas,” said Henry Wilson. “Big media can be countered with technology, the people can create their own alternative to the centralized sources that pervade the traditional mediums -- right from their own desktops.”

Grokster 2.6 is loaded with new features that put more of the power and control into the hands of P2P users, including:

• My Shared Folder: Publishing self-authored content is easier than ever. Grokster 2.6 includes the My Shared Folder. Placing novels, photos, articles, artwork, music, animation, and independent films a “drag and drop” away from the rest of the world.
• Magnet links: Magnet links transform Grokster 2.6 into a powerful, no cost distribution platform for authors and artists all over the world. Investigative journalists, dissenting activists, and uncompromising creators can take advantage of the fastest growing medium on the planet.
• Participation Level Index: Responsible active sharing is key to a thriving P2P network. In order for all users to benefit from collaboration, Grokster 2.6 includes a new participation rating system that provides network users a means to choose the best sources of high quality content. This ensures the network remains a thriving two-way street.
• Search Channels: With Grokster 2.6 users may perform up to 24 searches simultaneously. Search Channels are web pages customized for viewing within Grokster. These customized pages allow one to perform searches of third party websites and databases.
• Gold Icons: Identify high quality files brought to you from professional creators via Altnet. These files are digitally rights managed and are typically offered on a free, or free-trial basis.
• Kapsules: Custom digital packaging of multi-file collections. For example, a Kapsule may include music, exclusive footage of live performance, lyrics and images all from a particular band or artist.

About Grokster Ltd.

Grokster is an advanced peer-to-peer file-sharing program that enables users to share any digital file including images, audio, video, reports, documents, etc. Content developers and owners may now easily broadcast their files to a global audience through the Grokster Software. It is easy to publish your work: your family photos, home videos, academic reports, travel journal, diary, recipes, or music from your own band. Grokster accesses millions of online users through the FastTrack P2P Stack. Grokster, Ltd. is an international software company engaged in the business of providing cutting edge person-to-person software. Grokster is privately held and headquartered in Nevis, West Indies.