Musicrypt Signs New Indie Record Label

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Mogol Music To Release Single "MySpace Girl" to Radio in US and Canada Via DMDS.

Musicrypt Inc. (TSX-V: MCT, OTC: MCYPF), the leader in secure digital media distribution, today announced the signing of an exclusive deal with Atlanta, Ga. based independent label Mogol Music. Mogol Music will be using Musicrypt’s patented DMDS technology to distribute its artist’s hit songs to radio and broadcasters across North America.

Mogol Music will be releasing the much anticipated “MySpace Girl,” the first single by Bubble Boy, and anticipates many other hit singles to follow. Musicrypt has created a unique custom-enhanced eNote specifically for this release. Musicrypt’s eNotes are electronic promotional tools built to deliver songs with a digital advertisement that can include flash or video content, photos, album graphics and other promotional information that can be sent securely and simultaneously to radio programmers and press throughout North America.

“Musicrypt is looking forward to delivering Mogol Music’s first eNote for 'MySpace Girl' to radio and broadcasters across North America,” said Cliff Hunt, Chairman and COO for Musicrypt. “Indie labels are becoming more prominent and are playing a more critical role in the music industry these days while looking for secure, economical, and efficient alternatives to deliver their music to radio. Musicrypt is proud to be the leader in digital music distribution in North America and looking forward to delivering many more hit singles for Mogol Music.”

Musicrypt’s eNote for “MySpace Girl” will be delivered simultaneously to radio programmers across North America using Musicrypt’s Digital Media Distribution System (DMDS). Recipients of the eNote can login directly to DMDS to instantly download the song, and add it to a radio playlist. The debut eNote of “MySpace Girl” can also be viewed at http://www.dmds.com/enote/myspacegirl.

“We are excited to be working with Musicrypt and looking forward to releasing our first single, 'MySpace Girl,'" said Keith Hilgenfeldt, CEO for Mogol Music. “The partnership with Musicrypt will be instrumental to the growth and success of Mogol Music and we are looking forward to delivering the music our artists’ fans are asking for by using DMDS and their custom eNotes.”

Musicrypt’s DMDS has delivered over 5,000 songs from more than 150 record labels to destinations which include radio stations representing over 35 US broadcast chains such as CBS/Infinity, Citadel, Clear Channel, Cox, Cumulus, Emmis, EntreVision, Entercom, Federated Media, Sirius, Journal, DMX, Jones Radio, AOL, Music Choice, Radio One, Salem Communications, Univision, Westwood One, Regent, Premiere Radio, Next Media, XM Satellite Radio, Waitt Media and many others. DMDS is the only system that can deliver music across both the US and Canada.

Musicrypt is partnered in the US with Billboard, R&R and Nielsen BDS.

About Mogol Music

Mogol Music is the first all Digital Music Label to sell all music content exclusively via digital download and mobile digital technologies. We will strive along with our partners to give fans what they want, and be a destination that fans want to come back to. Mogol Music will be an environment based on our commitment and passion for great music and entertainment, and strive to give audiences what they want in the market place, from a Musical, entertainment, and technology perspective. The future is digital and we are proud to be on the cutting edge of the new music industry revolution. Mogol Music is Headquartered in Atlanta, Ga.

About Musicrypt Inc.:

Musicrypt's patented Digital Media Distribution System (DMDS) is the leading secure B2B digital delivery solution for the music industry. DMDS is a web-based delivery system that pioneers secure digital file distribution by incorporating biometrics, high-value encryption and watermarking. The first application of DMDS replaces the physical distribution of new musical recordings by record companies from the studio, internally, and to radio stations with more secure, more effective and less costly digital distribution of broadcast quality media via the Internet. Musicrypt trades on the TSX Venture Exchange (TSX-V) under the symbol MCT and in the U.S. under OTCBB:MCYPF. For more information on Musicrypt, please visit http://www.musicrypt.com

The statements contained in this release that are not purely historical are forward-looking statements and are subject to risks and uncertainties that could cause such statements to differ materially from actual future events or results. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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