1999 was originally the first single to be released from Prince's fifth album 1999, but the release listed here is a stand-alone single re-recorded and released to coincide with the calendar year 1999 (on the same day as Graham Central Station's album GCS 2000).
Although Prince was using the name at the time, the tracks and single were credited to Prince and the Revolution, although the original track and single were recorded and credited only to Prince, although voices of Dez Dickerson and Jill Jones as well as Lisa Coleman are still present in the background, the voices of Rosie Gaines, Larry Graham and Doug E. Fresh appear more prominently on this new version.
The single was released independently by NPG Records within six weeks of Warner Bros.' re-release of the original 1999 single, but there was no video accompanying the single and without much marketing, the single did not sell well, reaching only number 150 in the US Billboard Pop Chart, and number 58 on the Billboard R&B Chart.
Love4OneAnother.com stated at the time that every track released by Warner Bros. had been re-recorded as a "new master" by Prince (specifically as ) (to, in essence, regain control over the songs), and that this was the first taste of these recordings. No other "new masters" have been made publicly available, however.