MACHINE MANAGEMENT LAUNCHES NEW RECORD LABEL: LOOSE LIPS RECORDS

18 April 2011

London, April 18th 2011 - Machine Management, the artist management company founded
by Iain Watt in 2001 - whose clients include MIKA, Friendly Fires, Goldfrapp, Alice Gold,
Sunday Girl, Glasser, Chairlift and others - has announced the launch of a new record label.

Loose Lips Records will offer artists a bespoke & flexible route to market, an opportunity
to engage with the best professionals from the independent sector and a chance to
benefit from the collective marketing expertise and industry experience of the Machine
Management team.

The new label will be overseen by Iain Watt and Machine Management Senior Manager Phil
Morias, with Stephanie Haughton assuming the role of label manager.

Loose Lips Records will be a standalone label and will run alongside the company’s existing
management business.

3 artists have already been confirmed as Loose Lips Records first signings:

Azari and III - hotly tipped Canadian house/techno 4 -piece. New album out
in July. www.myspace.com/azariandii

Chad Valley – the alias of acclaimed Oxford based electronic artist Hugo
Manuel. Mini-album out June 20th. www.myspace.com/hugomanuel

Beaty Heart – Experimental pop band from South London. Single out June
13th. www.myspace.com/beatyheart

Iain Watt said, “It is getting harder for larger labels to really focus on the early stages of
an artists recording career. Managers are often best placed to really getting things moving
during this phase and Loose Lips Records has been launched to allow us to apply our skills to

this challenge alongside our existing management roster. We won’t just be releasing music
by acts we manage but aim to offer flexible and bespoke deals to artists who we think can
benefit from working with us as a label. We are keeping the whole structure of Loose Lips
very flexible and will evolve at the same pace as the acts we work with. As well as signing
and running projects from start to end we may even look at partnering with third parties
once we got things moving if the project would benefit from it. “

Phil Morais said, “We come across a lot of fantastic artists, which for some reason or
another we are unable to work with in a management context. The Loose Lips record label
enables us to now work with these artists where before we couldn't. The whole ethos is to
keep the label boutique and to reflect the musical tastes of Machine Management and to
release some fantastic music in the process.”