NEW YORK, June 28 /PRNewswire/ --

Broad Street Digital Ltd., a leading license management company
specializing in intellectual property rights and digital content
distribution, announced today that more than 350 record labels and
distribution companies have signed to use its Rightsrouter(R) service since
January 2007, including V2 Music, Z-Audio Distribution, CLS, Longrange
Recordings, Seamless Recordings, New State Entertainment, Inigo Distribution
and Mbop Global. The Rightsrouter(R) platform is a patented digital content
licensing management and distribution system that allows a music or video
rights holder to catalogue, transact, distribute and manage licensing of its
content with the world's major online and mobile retail services.

Beth Appleton, Head of New Media and Business Development for V2 Music
remarked, "The Rightsrouter(R) platform enables V2 to quickly and easily
deliver our extensive catalogue of content to retailers across the globe. It
also allows us to efficiently and accurately manage and track our revenues,
reducing administrative costs and streamlining settlement."

Scott Campbell, General Manager at Broad Street Digital commented, "We
are very excited about the rapid adoption of Rightsrouter(R) across the music
industry. Our unique approach has provided rights holders with a powerful
toolset to manage their digital business whilst Broad Street Digital takes
care of the technicalities for them in the background. We have seen an
increasing number of high profile labels sign with us since January 2007 as
we continue to expand our network of retailers including many major wireless
and online destinations."

Joel Xavier, A&R Director for Seamless Recordings added, "As an
independent UK label group, we don't have the global resources of a major
record label. The Rightsrouter(R) platform allows us to reach our targeted
online retailers around the world with consummate ease and customize our
digital distribution. This versatile system allows us to create significant
new revenue streams, nurture existing relationships with established
contacts, and market our singles as well as our growing artist and
compilation repertoires. With the help of Broad Street Digital, we can
compete with the major record labels without the expenses and resources
typically needed to reach a global market."

The latest version of Rightsrouter(R) provides rights holders and
retailers with simple, online tools via an electronic marketplace for
contract management, encoding, distribution, billing reconciliation and
settlement for digital music assets. The Rightsrouter(R) toolset enables:

-- Origination through direct ripping of CDs or local WAV files
    -- Single click file encoding into all required formats
    -- Data origination through simple graphic user interface (GUI)
    -- Rights management by region or individual territory
    -- A Contract Management suite that allows for contract posting or opt
       ins and outs on existing distributor's contracts
    -- A one-stop accounting solution to receive one consolidated report and
       payment from all licensees



About Broad Street Digital Ltd.

Broad Street Digital is a global license management company specializing
in intellectual property rights and digital content distribution.

Broad Street Digital developed and operates the patented Rightsrouter(R)
license management platform that enables a music, video or photo rights
holder to catalogue, transact, distribute and manage licensing of its content
with the world's major online and mobile retail services. Online music and
video retailers ranging from major platforms to key independents and niche
specialists, are able to view their existing purchased inventory, review
current contractual requirements, and determine monies owed collectively for
all content purchases.

Broad Street Digital is a division of Arbinet Digital Media Corp., a
wholly owned subsidiary of Arbinet-thexchange, Inc., (Nasdaq: ARBX), the
leading provider of solutions to simplify the exchange of digital
communications.

For more information about Broad Street Digital, visit
http://www.broadstreetdigital.com or contact Alex Branson at 
+44-(0)-20-7338-0583 or via email at abranson@broadstreetdigital.com.

For more information about Arbinet, visit http://www.arbinet.com.

Carolyn Robertson
    STC Associates
    +1-212-725-1900 ext. 204
    carolyn@stcassociates.com

    Scott Campbell
    Broad Street Digital
    +1-917-320-2066
    scampbell@broadstreetdigital.com

    Web site: http://www.broadstreetdigital.com
              http://www.arbinet.com