Aspiro hereby wants to elucidate yesterday’s call for an extra general meeting of stockholders of Aspiro.
Aspiro is fully capitalised. The company has a liquidity which will be sufficient until the company reaches break even and a further buffer of capital of 40-50 MSEK. Break-even is expected to be reached on a monthly basis by the end of 2001. Presently, the market is difficult for many companies and good companies may be acquired fully or partly at low levels of cost. Aspiro has recently decided to convert its venture division into an independent subsidiary company. The reason for the authorization is primarily to be prepared to fully or partly acquire companies, which’ products strengthen Aspiro’s product portfolio. For more information, please contact: Lena Wittbjer, CEO, Aspiro AB, tel: +46 (0)40 630 03 00 Helena Gynnerstedt, Press Officer, Aspiro AB, tel: +46 (0)40 630 03 18