QRS Music Technologies, Inc. Files Form 15

Business Wire, May 28, 2008

NAPLES, Fla. -- QRS Music Technologies, Inc. (OTC: QRSM) announced today it has filed a Form 15 with the Securities and Exchange Commission ("SEC") to deregister its common stock and suspend its reporting obligations under the Securities Exchange Act of 1934.

The Company comfortably met the requirements for deregistration having under 300 record shareholders. As a result of the filing of the Form 15, the Company's obligation to file with the SEC certain reports and forms, including Forms 10-K, 10-Q, and 8-K, will immediately cease.

About QRS Music Technologies, Inc. QRS manufactures and distributes pianos and piano accessories, Pianomation[R] musical instrument digital interface (MIDI) systems for acoustic pianos, and compact discs and music rolls for player pianos. QRS is the creator of Pianomation[R], the first MIDI system to combine analog and digital technology to turn any piano into a reproducing player piano. QRS Music was founded in 1900 and is based in Naples, Florida. Additional information about QRS is available at www.qrsmusic.com.

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" as well as other statements are forward-looking, and those statements involve risks and uncertainties outside of the control of QRS and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. Attention is directed to cautionary statements in QRS filings on Form 10-KSB for the fiscal year ended June 30, 2006 and other QRS filings with the Securities and Exchange Commission. All those filings are available on the Web site of the Securities and Exchange Commission at www.sec.gov.