A brief summary of Aspiro´s financial hearing regarding the interim report

During today´s financial hearing, arranged by Finanstidningen, in Stockholm to discuss Aspiro’s half-yearly report for January-June 2000, it was informed that the objective of the company is a net sale amounting to SEK 175-190 in 2001. Aspiro also aims to have 60 new services in their product portfolio and some 190 new contracts by the end of 2001.

With the new slimmed organization which was presented in the interim report, the remaining capital injection requirements will be reduced from SEK 200 million to some SEK 130 million before the company turns break even during late 2001. For additional information, please contact: Lena Wittbjer, CEO, Aspiro AB, tel: +46-40-630 03 00

About Us

Aspiro is a media technology company on the forefront in the ongoing redefinition of music consumption. Through its subscription services WiMP and TIDAL, the company offers a complete music experience with HiFi quality audio and integrated editorial, magazine and video. In parallel, Aspiro is a content provider to the online media industry through RADR, helping its partners to attract and retain visitors on their web sites. See more on www.aspiro.com

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