Expansion plans for Aspiro - strengthens management team

The rapidly expanding telecommunications company Aspiro has further expansion plans. The Aspiro AB board has therefore appointed Jörgen Adolfsson as its new Managing Director responsible for future growth and international expansion.

Jörgen Adolfsson is one of the founders of Aspiro and has until now been company marketing manager. Jörgen is 32 years old and has a solid background in marketing and sales. Previously, he held leading positions within the telecommunications sector, for example at Telenor Mobil and Europolitan. Jörgen’s task now is to lead Aspiro’s growth and international expansion. – As one of the founders of Aspiro, I have been closely involved in the start up. My new role gives me opportunity to further develop the organisation through organic growth and by acquisitions says, Jörgen Adolfsson, new Managing Director of Aspiro. Aspiro’s former Managing Director, Christer Månsson, continues as Vice President of Mergers & Acquisitions and Strategic alliances. Christer will work to build relations with international data- and telecom operators and also map out and identify suitable companies in Europe and the USA for Aspiro to acquire. The third founder of Aspiro, Klas Hallqvist, takes on the role as Chief Operating Officer and will work internally to prepare Aspiro’s expansion and a future launch on the stock market. In order to do so, he will revise the internal processes and create the structures required to be able to handle the growth. - This strengthening gives us the management profile we need to quickly establish ourselves on the international market and manage the company’s strong growth. In doing so, the board is emphasising that the company is taking the next step in its development as a world player on the mobile Internet market, says Tomas Althén, Chairman of the Board, Aspiro. For more information, please contact: Tomas Althén, Chairman of the Board, Aspiro. Tel 0708 15 16 15 Jörgen Adolfsson, Managing Director, Aspiro. Tel 0709 91 80 03

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