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The Music Producer Selected for EDC's 13th ETBS -- Early Stage Technology Venture Forum(November 11, 2010)
MIAMI BEACH, FL -- (Marketwire) -- 11/11/10 -- The Music Producer, an innovative music creation software company enabling ANYONE with a PC to write and produce their own music, has been selected as one of the most promising young companies to present to the technology venture communities at South Florida's premier technology fundraising event on Friday, November 12, 2010 at the Hilton Hotel in Deerfield Beach.
"We are witnessing an impressive global demand for affordable and easy-to-use PC based music creation software. With virtually no marketing, individuals in more than 50 countries have purchased The Music Producer," says CEO Whitney Belker-Vauvelle. "We believe empowering the masses to make their own music is possibly the 'next big thing' inspiring user-generated content as people begin to compete and 'one-up' all their friends on Facebook!"
Garageband, which comes pre-loaded on Apple Computer, is the company's largest indirect competitor. According to Gardner Research Apple computers represent less than 8% of the global computer market. Belker-Vauvelle says, "The PC market is screaming for music production software easy enough for beginners to use and we have plans to address this problem. We are excited to expand our current product offering, grow our B2B distribution channels, partnerships and future technology platforms. It's not a matter of who is first to market; it is a matter of who is best to market!"
Most music production programs target professional musicians, DJs and producers. The Music Producer offers a program that users with little to no music background, can begin making music within 10 minutes. Jon Peddie Research states that the PC Gaming market is expected to reach $30.67 Billion by 2012.
The Music Producer has 21,000 registered users and 9% of its free trial users convert to paid sales. With the announcement of key partnerships and contests, the company is planning to double its user base by early 2011.
The Enterprise Development Corp. of South Florida (EDC) is a non-profit organization that assists emerging science and technology companies. Our mission is the development of an innovation-based economy through the creation of high skill, high wage jobs in key industries that are driving global commerce.
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