Rubberduck Media Lab signs general agreement with international operator

Aspiro’s subsidiary Rubberduck Media Lab, a leading provider of mobile TV services, signed today a multi country general agreement with a global Tier 1 Operator. The agreement is estimated to provide net revenues of approximately SEK 25-30 m over a three year period for Rubberduck Media Lab.

The agreement has an estimated yearly value of about 40 - 50 percent of all of Rubberduck’s revenues in 2008 and is for the delivery of a complete mobile TV service in competitive European markets. During 2008, Rubberduck’s net revenues amounted to approximately SEK 22 m, compared to SEK 13 m during 2007.

– This is a very important deal for Aspiro, showing that we are really on our way to succeeding with our mobile TV initiatives. We see that Rubberduck’s business model works and agreements like this will take us to a whole new level, says Gunnar Sellæg, CEO of Aspiro.

Aspiro discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 8:30 am on 19 January 2009.