Music Producer's Guild Executive Director Hired by Midisoft.ISSAQUAH, Wash.--(BUSINESS WIRE)--August 19, 1999-- Tim Heile To Manage Music Creation Media Assets Acquisitions Midisoft Corporation (OTC/BB: MIDI MIDI in full Musical Instrument Digital Interface Protocol for transmission of musical data between digital components, such as synthesizers and a computer's sound card. MIDI uses 8-bit asynchronous serial transmission with a data rate of 31. ), music technology pioneer and a recognized leader of innovative applications for the creation, control and use of music and sound on personal computers and the Internet, today announced that Tim Heile, former Executive Director of the Music Producer's Guild guild Association of craftsmen or merchants formed for mutual aid and for the advancement of their professional interests. Guilds flourished in Europe between the 11th and 16th century and were of two types: merchant guilds, including all the merchants of a particular town of the Americas (MPGA mPGA Micro Pin Grid Array MPGA Michigan Propane Gas Association MPGA Maine Professional Guides Association MPGA Minnesota Public Golf Association MPGA Missing Persons Guardian Association MPGA Metropolitan Public Gardens Association ), has joined the Company as Program Manager. Mr. Heile will be responsible for acquiring media assets that complement Midisoft's line of music creation software. "We are extremely pleased to have Tim join Midisoft," said Brian Allodi, Midisoft's General Manager, Internet Products and Services Group. "Tim furthers our plans as we create Internet-centric products and services that enable musicians at all levels to develop their talent. His recent experience with the MPGA boosts our capacity to obtain high-quality content relevant to aspiring as·pire intr.v. as·pired, as·pir·ing, as·pires 1. To have a great ambition or ultimate goal; desire strongly: aspired to stardom. 2. musicians. Tim's addition to Midisoft's team will help accelerate the Company's drive into the rapidly-growing Internet music market." As Midisoft leverages its considerable brand name in music creation software onto the explosion of interest in online music, the Company wants musicians to be able to find the tools of the trade to help them advance their careers or simply enhance their enjoyment of playing music. In June, the Company hired Scott Parris, former CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of IUMA IUMA Internet Underground Music Archive IUMA Interim Use Material Authorization (Internet Underground Music Archives The Internet Underground Music Archive (IUMA) was a pioneer of on-line music. IUMA was started by Rob Lord, Jeff Patterson and Jon Luini from the University of California, Santa Cruz in 1993, for the purpose of providing a venue for unsigned artists to share their music and ) to manage strategic business development. Midisoft has developed award-winning music technology during its thirteen year history and mapping this technology onto the Internet excitement is a logical extension of the brand. About Midisoft: Midisoft Corporation develops and sells music creation software for musicians to compose com·pose v. com·posed, com·pos·ing, com·pos·es v.tr. 1. To make up the constituent parts of; constitute or form: , edit and record music and print engraver-quality sheet music. Midisoft develops and markets sound and media management products for users to conveniently access Internet content, sound controls and media files directly from their desktops. Midisoft's products help make the wealth of web-based content available and accessible for the enjoyment of the increasing number of consumers who join the Internet daily. For further information, please visit www.midisoft.com or contact Brian Allodi, General Manager, Internet Products and Services Group at (425) 313-3429. Midisoft is a registered trademark of Midisoft Corporation. All other names mentioned are trademarks of their respective companies. All statements in this press release other than statements of historical fact are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. There can be no assurance that the Company's plans will be realized, that revenues will increase or that the Company's operations will improve. Reference is made to Midisoft's Annual Report on Form 10-KSB for the year ended December 31, 1998 and to the Company's other reports filed with the Securities and Exchange Commission for a discussion of such risks and uncertainties and other factors that may have a material effect on the Company's business. |
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