QRS Music Technologies, Inc. Files Form 15

  
    
  
  
    
      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® 
      musical instrument digital interface (MIDI) systems for acoustic pianos, 
      and compact discs and music rolls for player pianos. QRS is the creator 
      of Pianomation®, 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.