Aspiro establishes Aspiro Ventures

Aspiro establishes Aspiro Ventures Aspiro today announces plans to establish a wholly owned subsidiary; Aspiro Ventures. The goal of Aspiro Ventures is to provide financial and industrial support for new wireless products and small entrepreneurs in the area of mobile Internet technology. Aspiro possesses the technical expertise and knowledge of global mobile Internet markets to help small entrepreneurs realize their ideas and become commercially successful. In addition, the company can provide the practical advantage of early product testing in Scandinavia, the world's most mature mobile Internet market. - Unlike traditional risk capital companies the goal of Aspiro Ventures is to provide long-term technical support to new wireless products it believes in and build long-term relations with small entrepreneurs who perhaps have a good idea but lack the knowledge of how to bring it to the market. The benefits for Aspiro are early access to innovative wireless products and solutions, and an opportunity later to incorporate the results into the Aspiro group, says Christer Månsson, newly appointed CEO of Aspiro Ventures. The decision to establish the new subsidiary was mainly taken in response to the overwhelming number of inquiries Aspiro has received from external parties eager both to collaborate with the company and draw on its expertise in launching new wireless products into the market. Moreover, the new company will give Aspiro the opportunity to benefit fully from the extensive network of contacts it has built up over many years in the mobile telecommunications industry. For more information, please contact: Christer Månsson, Aspiro, ph: +46 709 91 80 01 About Aspiro Aspiro develops wireless applications and services, using WAP, SMS, GPRS and other innovative technologies. Aspiro offers operators, content providers and mobile organisations a wide range of solutions, from pre- packaged WAP services to strategy consulting involving value-added services. Founded in 1998 Aspiro is today one of the world's leaders within mobile applications and services. The company has over 100 employees and offices located in Sweden, Norway, Luxembourg, USA and Hong Kong. Aspiro's business concept, organisation and operations are based on many years of experience gained in the wireless telecommunications and IT industries. More information about Aspiro can be found on www.aspiro.com ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/02/16/20000216BIT00210/bit0001.DOC http://www.bit.se/bitonline/2000/02/16/20000216BIT00210/bit0002.pdf

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

Subscribe