Cyprus University Entrepreneurship Competition July 2, 2009

1. Cyprus University Entrepreneurship Competition July 2, 2009

2. Sonicbids helps bands connect online with people who book or license music

3. Sonicbids Quick Facts 200,000+ 47 MEMBER BANDS FULL TIME EMPLOYEES 18,000 $240,000 PROMOTERS & LICENSORS SEED CAPITAL IN 2001 170,000+ 18 DEALS BOOKED THROUGH THE SONICBIDS SITE MONTHS ELAPSED FROM FOUNDING UNTIL FIRST REVENUE $10 million 107 MEMBER COUNTRIES PROJECTED 2009 REVENUE $40 - $50 million ESTIMATED MARKET VALUE

4. Brief Background • Studied Music Business at Berklee College of Music; • Idea generated as a result of personal experience as agent; • If you can buy books online, why not bands? • Spent a year researching the market, writing original plan & developing prototype;

5. The Market • $15 billion exchanges hands between bands & promoters • Less than 10% accounts for the top 500 touring artists • 4.5 million active bands/artists in the US • Worldwide market estimated at 2-3x US market • Sonicbids is focusing on this growing “middle class”

6. How Sonicbids Works

7. As part of sign-up on the site, all Bands create a Sonicbids Electronic Press Kit (EPK)

8. The Sonicbids EPK has all info a promoter needs: Bio, Audio, Video, Photos, Press Reviews, etc.

9. Once done, bands can search for gigs in the “Find Gigs” area of Sonicbids.com…

10. …Or be notified about gigs by email, based on their preferences, with Sonicbids’ “Daily Alert”

11. When bands click through, they can review a “Gig Listing” with all relevant info about a gig, venue or licensing opp. …and submit to the ones they want

12. From your Promoter account you easily access all band submissions for your venue listing

13. Band submissions look like your email inbox

14. Clicking on each band, you access their full EPK as well as social media buzz …and select/notify the ones you want.

15. Facilitated 170,000+ Deals Berlin, Germany Seattle, Washington Milwaukee, Wisconsin New York, New York Cannes, France Chicago, IL Hamburg, Germany Toronto, Ontario Hollywood, CA Brisbane, Australia Toronto, Ontario Montreal, Quebec

16. I Know This Much Is True • Follow Your Passion, Not The Money • It’s Not Ideas That Get Funded, It’s People • Keep It Simple, Keep It Focused • Make A Plan. Then Toss It Away • Be The Least Talented Person You Know • It All Comes Together In The End • What Got You Here, Won’t Get You There • Don’t Forget To Have Fun

17. Visit My Blog: Sonicbids.com/PanosBrew

18. A Short Timeline • 1991: Came to US from Cyprus to attend Berklee College of Music; • 1994: Graduated Degree in Music Business. Got job at Ted Kurland Associates through Berklee internship; • 1996: Promoted to Agent; responsible for Europe tours of Pat Metheny; Chick Corea; Branford Marsalis; and over 50 others; • 1998: Promoted to VP, International; • 1999: Got idea for Sonicbids, wrote first business plan; • 2000: Quit TKA to start Sonicbids out of home apartment with personal & friends’ money; • 2001: Launched early version of Sonicbids; • 2002: Sonicbids reports first revenue; • 2007: Sonicbids listed as one of the top 100 fastest growing companies in Inc 500; raised $4.5 million for expansion; • 2009: Sonicbids membership exceeds 200,000 bands and 18,000 promoters from over 100 countries; mark 160,000 booked deal;