Handheld Self-Tuning Piano Device

[Billbrpt@AOL.COM]

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I'm quitting the business and headin' for the hills.

Bill Bremmer RPT
Madison, Wisconsin
 <A HREF="http://www.billbremmer.com/">Click here: -=w w w . b i l l b r e m m e r . c o m =-</A> 

QRS Music Technologies, Inc. To Develop Handheld Self-Tuning Piano Device; 
Worldwide Rights Granted to Sublicense the Technology

NAPLES, Fla.--(BUSINESS WIRE)--March 15, 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 Handheld Self-Tuning Piano 
device. 

Presently, the system does not have a trade name, but the project's working 
name is "Pocket Tune." 

Late last month, QRS Music Technologies announced plans to develop a 
self-tuning piano. That technology, with the working name "Auto Tune," is 
incorporated into the piano at the time of manufacture. Pocket Tune is based 
on similar technology, but will be available in a small hand-held form for 
tuning pianos already in the marketplace. 

Richard A. Dolan, President and Chairman, said: "This portable handheld 
self-tuning device will permit a piano to be completely tuned in about 
one-half hour. The semi-annual piano tuning appointments can now be replaced 
by weekly or monthly tune-ups done in the home by the piano owner. The 
pianist is virtually the only modern musician who cannot tune his/her own 
instrument. The quality of each piano performance will be improved simply by 
having the piano in the best tune possible. I estimate there are 
approximately 20 million pianos in the United States and each of those piano 
owners could benefit from this device." 

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 twenty-year (20) exclusive use of 
the technology. 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 anticipates the product will be brought to the market 
within the next six to eight quarters. The retail price and marketing 
strategy are as yet undetermined. However, the factors that will be used to 
determine that strategy will include the fact that presently piano owners are 
recommended to tune their piano at least twice a year and they spend on 
average $75 to have their piano tuned. 

QRS Music also markets the QRS Pianomation(TM) system that 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. 


 

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