Don Gilmore's Article `In Pursuit of the Self-Tuning Piano' Published by Piano Technicians Guild.

Business Editors

KANSAS CITY, Mo.--(BUSINESS WIRE)--Aug. 12, 2002

QRS Music Technologies, Inc. (OTCBB: QRSM) announced today that the Piano Technicians Guild, Kansas City, Mo., published Don Gilmore's article "In Pursuit of the Self-Tuning Piano" in the July issue of the Piano Technicians Journal.

In February, QRS Music Technologies announced it had acquired the exclusive worldwide rights to manufacture, sublicense and sell a Self-Tuning Piano System invented by Don Gilmore of Kansas City, Mo. The system is currently being engineered by Peninsula Solutions in Orlando, Florida. QRS Music Technologies' goal is to display the self-tuning piano early next year. Presently, the system does not have a trade name.

Tom Dolan, President and CEO said: "The self-tuning piano system will be factory installed in Story & Clark pianos and will allow the piano to stay in tune electronically. This device is one of the most important additions to the basic piano design ever made. The pianist is virtually the only modern musician who cannot tune his/her own instrument. This device will permit a piano to be completely tuned before each use in just a few minutes, simply by turning on a switch."

Bob Hohf, Piano Technicians Journal editor, said in his Editorial Perspective, "...the QRS system may be taken as an early warning that a change that will affect the tuning business is impending."

QRS Music Technologies acquired the rights to develop this unique technology. Under the terms of the Patent License Agreement, QRS Music Technologies will pay for the cost of developing the technology and will have a seven-year exclusive use of the technology with the first right of refusal to renew the agreement. A U.S. Patent Application has been made. QRS Music Technologies will have the worldwide right to grant sublicenses.

QRS Music Technologies expects the product to be available in the fall of 2003. The retail price of the self-tuner has not been determined. Presently, the average manual tuning service fee in the United States is about $75 and is usually necessary at least twice a year. This new technology involves no motors or moving parts.

About QRS Music Technologies, Inc.

The QRS Pianomation(TM) system 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.

QRS Music Technologies' World Wide Web site is www.QRSMusic.com. Sample audio selections are available at the Web Site. QRS Music Technologies, Inc.'s stock is traded Over-The-Counter on the OTCBB: QRSM.

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" is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. In addition, the introduction of any new product, including the self-tuning piano system, is a difficult business process and in some cases may not successful. Many unforeseen and uncontrollable events can delay or result in a product not reaching the market place, such as, increased production costs, shift in consumer taste, governmental regulations, etc. Therefore, estimates concerning the introduction of any new products are speculative by their very nature.