Terri Denver to Head Worldwide Sales and Marketing

LOS ANGELES - ARTISTdirect, Inc.'s (OTC: ARTD) Media Defender and Media Sentry units have begun doing business together under the name Peer Media Technologies as a result of the company's recent acquisition of Media Sentry. The announcement was made today by ARTISTdirect, Inc. and Peer Media Technologies CEO Dimitri Villard.

Mr. Villard also announced the appointment of Terri Denver as Senior Vice President, Worldwide Sales and Marketing. Ms. Denver has over 20 years of experience in the media and entertainment technology industry having previously served as Senior Sales Director for Blackwave, Inc., a privately held online media technology company and, before that, as Director of Sales Worldwide Independent Studios for Macrovision Corporation, a publicly traded company with sales of $1.3 billion.

The consolidation of Media Defender and Media Sentry benefits Peer Media Tech's customer-base by offering higher quality products than either company did previously. Media Defender has traditionally had an edge on its competition with respect to peer-to-peer connectivity, countermeasures and enforcement, while Media Sentry has been the leader in the areas of data mining and analysis of peer-to-peer activity. The new company name reflects an expansion into new areas that provide customers with a complete end-to-end solution for Internet piracy issues.

Peer Media Technologies' services now include:

* Countermeasures to illegal downloading of copyrighted files

* Notices for clients to send to users via ISPs when they are observed to trying to download copyrighted material on P2P networks

* Notices to user-generated content sites that are hosting copyrighted content

* Early leak detection of copyrighted content for customers

* Market intelligence that measures audience demand for music tracks, motion pictures, games and television shows including geographic and demographic analysis

* Direct measurement of P2P activity that provides unprecedented visibility into data about content consumption and piracy trends

* Scanning of P2P networks and the web to monitor and report on activity in near real-time.

"The consolidation of the two company's services into one platform will better support the changing requirements that our customers face in today's market place and strengthen the company's position. This new structure will enable customers to benefit from a wider range of options to meet the ever-evolving challenges inherent in copyright protection and enforcement as well as P2P marketing," said Mr. Villard.

Mr. Villard added, "The selection of Terri Denver to head our sales and marketing operations brings a highly qualified executive to our company with a wealth of knowledge of the entertainment and technology worlds. She has a proven record of profitable management and successful business development results. We are delighted that she has joined our organization.

SANTA MONICA, Calif. - ARTISTdirect, Inc. (OTC:ARTD) (BULLETIN BOARD: ARTD) a digital Internet media company, today announced that it has filed a Form 15 with the United States Securities and Exchange Commission ("SEC") to suspend the company's SEC reporting obligations.

Upon the filing of the Form 15, the company's obligation to file periodic and current reports with the SEC, including Forms 10-K, 10-Q and 8-K, will be immediately suspended.

The company expects the registration of its common stock will be terminated 90 days after such filing. Upon termination of the registration of its common stock, the company's securities will not be eligible for trading on any national exchange or the OTC Bulletin Board; however, the company's securities may be eligible for quotation on the Pink Sheets by broker dealers.

"The company's board of directors approved the filing of the Form 15 after careful consideration of the advantages and disadvantages of continuing its SEC reporting obligations," said ARTISTdirect, Inc., Chief Executive Officer Dimitri Villard. "Suspending the SEC reporting obligations will allow the company to eliminate the substantial expenses associated with SEC reporting and compliance, while reallocating those resources to support business operations. It will also enable management to focus more of its time and efforts on managing and developing the business and enhancing shareholder value.