Self Tuning Piano System

[Billbrpt@AOL.COM]

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List,
This news today.  I personally don't believe it's possible and even if it is, 
it's bound to be a lousy facsimile of the real thing just like all the rest 
of their junk.

Bill Bremmer RPT
Madison, Wisconsin
 
QRS Music Technologies, Inc. To Develop Self-Tuning Piano System; Worldwide 
Rights Granted to Sublicense the Technology

  
NAPLES, Fla.--(BUSINESS WIRE)--Feb. 25, 2002--QRS Music Technologies, Inc. 
(OTCBB: <A HREF="aol://4785:QRSM">QRSM</A>) announced today that it has acquired the exclusive worldwide 
rights to manufacture, sublicense and sell a Self-Tuning Piano System. 
Presently, the system does not have a trade name. 

Richard A. Dolan, President and Chairman said: "The self-tuning piano system 
will be designed into the manufacture of a piano and will allow the piano to 
maintain itself in tune electronically. This device is perhaps the most 
important addition to the basic piano design ever made. The pianist is 
virtually the only modern musician who cannot tune his/her own instrument. 
This device will permit a piano to be completely tuned before each use in a 
few minutes, simply by turning on a switch." 

Dolan added: "This Self-Tuning Piano System will become the standard by which 
all pianos will be judged. To the piano world, this will have the same impact 
as air bags had on the automobile world, `Before or after.' The quality of 
each piano performance will be improved simply by having the piano in the 
best tune possible." 

QRS Music Technologies acquired the rights to develop this unique technology 
from the inventor, Don A. Gilmore, Kansas City, Missouri. Under the terms of 
the Patent License Agreement, QRS Music Technologies will pay for the cost of 
developing the technology and will have a seven-year exclusive use of the 
technology with the first right of refusal to renew the agreement. The 
royalty payment amount was not disclosed. A U.S. Patent Application has been 
made. QRS Music Technologies will have the worldwide right to grant 
sublicenses. 

QRS Music Technologies expects the product to be available this fall and will 
be shown at the National Association of Musical Manufacturers ("NAMM") annual 
convention in Los Angeles next January. The retail price of the self-tuner 
has not been determined. Presently, the average manual tuning service fee in 
the United States is about $75 and is usually necessary at least twice a 
year. This new technology involves no motors or moving parts. 

The QRS Pianomation(TM) system can turn any piano into a reproducing player 
piano. A hardware and software process can store and transport Musical 
Instrument Digital Interface ("MIDI") information as an analog signal. This 
process gives QRS the ability to store, and wirelessly transmit, MIDI 
performance data in an analog format from a controller (CD, video, cassette, 
DVD, DAT or Minidisc) to the receiver on the piano. This creates numerous 
possibilities. For example, most off-the-shelf audio equipment has a left and 
right channel available for use. State-of-the-art technology permits QRS to 
store the digital signal in an analog format on the left channel of the 
software which operates those players. This leaves the right channel 
available for live prerecorded audio music, even vocal recordings. 
Pianomation(TM) blends them together in perfect harmony and perfect 
synchronization. The Pianomation(TM) MIDI System is the first product of its 
kind to "marry" analog and digital technology. 

QRS Music Technologies' World Wide Web site is www.QRSMusic.com. Sample audio 
selections are available at the Web Site. QRS Music Technologies, Inc.'s 
stock is traded Over-The-Counter on the OTCBB: QRSM. 

Forward-Looking Statements 

Statements made in this news release that relate to future plans, events or 
performances are forward-looking statements. Any statements containing words, 
such as, "believes," "should," "anticipates," "plans," or "expects" is 
forward-looking, and these statements involve risks and uncertainties and are 
based on current expectations. Consequently, actual results could differ 
materially from the expectations expressed in these forward-looking 
statements. 

CONTACT:  

QRS Music Technologies, Inc. 

Chuck Campbell, 708/798-9405 

www.QRSMusic.com 

 

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