[September 21, 2006]

FreeHand Systems Finalizes Agreement To Offer Digital Sheet Music In China; Contract with People's Music Publishing House Makes FreeHand the First Company to Sell Western Sheet Music in China via the Internet

LOS ALTOS, Calif. --(Business Wire)-- Sept. 21, 2006 -- FreeHand Systems, Inc., wholly owned subsidiary of FreeHand Systems International, Inc. (OTC:FSYI), announced today that it had entered into an agreement with the People's Music Publishing House, Beijing, China, to distribute its digital sheet music in China. FreeHand will begin by offering titles from its classical music catalog (currently over 50,000 titles) via download in music stores and will develop a Chinese language website for direct consumer purchase. FreeHand Systems is the elite digital music company whose revolutionary technology is shaping the future of the distribution and performance of sheet music.

"As the 4th largest economy in the world, China offers FreeHand major opportunities to sell digital sheet music," said Kim Lorz, CEO of FreeHand Systems. "FreeHand is already distributing its MusicPad Pro(R) in China through Tom Lee Music. Now, this new relationship reinforces our leading role in providing access to digital sheet music to this growing market where almost every family owns a musical instrument. We see major growth potential in this market for not just classical, but also folk, jazz, blues and Western pop music."

Wu Bin, Editor in Chief, People's Music Publishing House, stated, "I am pleased and proud that PMPH will be working with FreeHand on this project. We are very excited to begin to provide more excellent music, both Western and Chinese, for our music lovers. We are looking forward to working with FreeHand and establishing our partnership, so that the over 220 million music students in China will have access to digital distribution from their local music store and directly via the new Chinese language website."

People's Music Publishing House is the leading professional music publisher in China with an over 70-year history of successfully publishing Chinese and foreign books on music, music scores, textbooks, reference books and audio visual products to the growing Chinese musician market. It's uniquely designed and well-edited music textbooks have been welcome in primary and secondary schools all over China. PMPH's annual sales, at about $1 billion have been growing at over 10% per year.

FreeHand Systems, Inc. (www.freehandsystems.com), 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 performance and education tablet, the MusicPad Pro(R) Plus, which has an MSRP of $1199. 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 85,000 titles for digital download to print or transfer to the MusicPad Pro, which can range from $1.95 for a simple one-page lead sheet to over $50 for a full complete set of score and performance parts.

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 Internationals, 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.

[ Back To TMCnet.com's Homepage ]

Discussions: