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Softsynth Spins Out Polyphonic Ringtone and Audio Engine Technology and Forms a New Company, Mobileer

San Rafael, CA – December 12, 2003. Softsynth is pleased to announce the formation of Mobileer and the spin-out of their proprietary SP-MIDI audio technology to the new entity. Softsynth formed Mobileer to focus exclusively on commercializing the ringtone and audio engine technology. Mobileer will initially offer customers its ME1000 (formerly SP-MIDI), the polyphonic audio engine software for devices based on 32-bit embedded processors such as ARM and MIPs.

In May 2003 the company’s polyphonic ringtone audio engine was licensed to Handspring, for use in their new Treo mobile phones. The software converts Standard General MIDI (SMF) files to an audio stream.

Mobileer, a private company was formed by the founding team of SoftSynth.com, which began operations in 1997. In the computer music industry, SoftSynth.com is known for its JSyn product for developing interactive computer music programs in Java.

Mobileer is led by a seasoned management team comprised of technology executives and music system designers.

According to founder Phil Burk VP Technology, "The time is right for the formation of Mobileer. The demand for polyphonic ringtones is growing rapidly in every market for mobile phones and other devices. We're pleased to provide audio software solutions like our first product, the ME1000 that fills a need in the market for a low-memory, rapid integration solution. At the same time, we're investing in the future and developing innovative audio software solutions for device manufacturers and their next generation mobile devices."

About Mobileer

Mobileer provides manufacturers with innovative polyphonic ringtone software and audio solutions for embedded devices like mobile phones, PDAs, toys, and other handheld devices. Mobileer is led by a seasoned management team comprised of technology executives and music system designers. Mobileer's ringtone and audio solutions are highly portable, integrate quickly and produce modern, high-fidelity sound. Mobileer's R&D is aimed squarely at pioneering solutions for handheld device manufacturers to address the fast-growing consumer market's demand for polyphonic audio capabilities. Mobileer is a privately-held company based in San Rafael, California. Information about Mobileer can be found at www.mobileer.com.