QRS Music Technologies, Inc. Signs Letter of Interest with Galileo Music Corporation

QRS Music Technologies, Inc. (OTCBB:QRSM) announced
today that it has signed a non-binding Letter of Interest with Galileo
Music Corporation, Falmouth, Massachusetts, to explore a business
combination that is only in the discussion stages. The terms and
conditions under discussion were not disclosed.
   Galileo is a leading provider of digital piano keyboards
(http://www.galileomusic.com/). Galileo's product lines include
Princeton, Viscount and Galileo digital pianos.
   Tom Dolan, QRS President and CEO, said, "A business combination
with the Galileo product line could provide QRS a platform to
introduce some of its new technologies. Galileo would receive exposure
to QRS's distribution, technology and supply chain."
   The QRS Pianomation(R) system can turn any piano into a
reproducing player piano. A hardware and software process can store
and transport MIDI ("Musical Instrument Digital Interface")
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, MP3, WMA, CF) 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(R)
blends them together in perfect harmony and perfect synchronization.
The Pianomation(R) MIDI System is the first product of its kind to
"marry" analog and digital technology.
   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" 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 our filings on Form 10-KSB for the fiscal
year ended June 30, 2005, and our other 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.