MUMBAI: Imusic Worldwide, Ltd., a leader in digital distribution of independent music has been on the hunt to add several more web based digital music sites to its expanding roster of sites.

"We have contacted several companies that have established web presence in the digital music space and have began meaningful discussions on possible acquisitions," stated Bukra Katupot, president of Imusic Worldwide. "We are committed to expanding our presence on the web in the digital music arena and added existing sites that cater to other areas of music that we do not is the fastest and most cost effective way of further expanding the Company. This expansion plan will further enhance the Company's revenue streams and value to our shareholders over the short and long term," he added.