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Allison Iraheta just became the third “American Idol” of the week to get signed.

19 Recordings has signed the young red-haired rocker, who placed fourth in this year’s competition behind Danny Gokey, Adam Lambert and winner Kris Allen.

Iraheta’s debut album will be released fall 2009 on Jive Records, the same label that signed Allen.

“I think I’m still in shock that this is happening — getting to record my first album and this whole awesome experience is a dream come true!” says the 17-year-old in a press release.

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