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NEWS
RELEASE
FOR IMMEDIATE RELEASE
FreeHand
Systems Signs Digital Sheet Music Distribution Deal with BMG Music
Publishing.
New
Relationship Will Add Thousands of New Pop Music Titles.
LOS
ALTOS, Calif. – May 23, 2006 –FreeHand Systems, Inc.,
wholly owned subsidiary of FreeHand Systems International, Inc.
(OTC: FSYI), owner of the leading online digital sheet music website,
freehandmusic.com, has announced a licensing agreement with BMG
Music Publishing. Under this new long-term agreement, FreeHand Systems
and its digital sheet music business gains digital distribution
rights to songs published by BMG Music Publishing, the world’s
third largest Music Publisher. FreeHand Systems is the elite digital
music company whose revolutionary technology—the MusicPad
Pro®—is shaping the future of the distribution and performance
of sheet music.
Songs
covered under this agreement have already been added to the library
of songs available online through the company’s music website,
www.freehandmusic.com. New songs are being added daily. In addition,
FreeHand’s eMusicExpress digital sheet music distribution
website allows music stores to download and print sheet music on
demand, without the need to add to inventory.
Kim
Lorz, CEO of FreeHand Systems said, “We are excited that we
will now be able to provide our customers the Pop, Rock, R&B,
Country, Latin and contemporary Christian songs that this new agreement
allows us to distribute. BMG’s catalogue includes many songs
that have been at the top of the music charts and we look forward
to offering these songs online.”
“We are thrilled to partner
with BMG Music Publishing, home to one of the greatest Pop catalogues
and songs recorded by Maroon5, Nelly, Faith Hill, Barry Manilow,
The Who, Coldplay and Ben Folds,” added Bruce Donnelly, FreeHand’s
Chief Music Officer.
FreeHand
Systems, Inc., a wholly owned subsidiary of Freehand Systems International,
Inc. (FSYI), is the global leader in digital sheet music publishing
and is the manufacturer of the first digital music tablet, the MusicPad
Pro® Plus. The pad provides innovative technology to the music
industry for displaying and publishing digitally delivered sheet
music. The company's digital
sheet music website (www.freehandmusic.com)
offers over 75,000 titles for digital download and transfer to the
MusicPad Pro.
With
offices in 24 countries around the world, BMG Music Publishing (www.bmgmusicsearch.com)
is the world’s third largest independent Music Publisher and
the third largest among all Music Publishers. With over one million
copyrights in its diverse catalogue, BMG Music Publishing represents
music in every genre from some of the world’s hottest songwriters
including Coldplay, Nelly, Justin Timberlake, Maroon5, R. Kelly,
Britney Spears, Robbie Williams, Limp Bizkit, Linkin Park, Christina
Aguilera, Shania Twain, Chingy, Korn, Joss Stone and Keane. BMG
Music Publishing is a unit of Bertelsman AG, one of the world’s
largest media companies.
Investor
Contact:
650-941-0742 (Investor Relations)
investorrelations@freehandsystems.com
Media
Contact: Clyde Beswick, VP Marketing
FreeHand Systems, Inc.
95 First Street, Suite 200
Los Altos, CA 94022
310.275.9269
cbeswick@freehandsystems.com
Note
to editors: For additional information visit FreeHand System’s
website, www.freehandsystems.com. FreeHand Systems, Inc., MusicPad
Pro®, MusicPad Pro® Plus, MusicPad Maestro™ are trademarks
of FreeHand Systems, Inc.
*****
This
press release contains forward-looking information within the meaning
of Section 21E of the Securities Exchange Act of 1934, as amended
(the "Exchange Act"), including statements regarding potential
sales, the success of the company's business, as well as statements
that include the word "believe" or similar expressions.
Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of FreeHand Systems International, Inc.
to differ materially from those implied or expressed by such forward-looking
statements. Such factors include, among others, the risk factors
included in FreeHand Systems International, Inc.'s Annual Report
and any subsequent reports filed with the SEC under the Exchange
Act. This press release speaks as of the date first set forth above
and FreeHand System International, Inc. assumes no responsibility
to update the information included herein for events occurring after
the date hereof. Actual results could differ materially from those
anticipated due to factors such as the lack of capital, timely development
of products, inability to deliver products when ordered, inability
of potential customers to pay for ordered products, and political
and economic risks inherent in international trade.
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