[MEI-L] Fwd: MakeMusic Purchases Recordare Assets

[Eleanor Selfridge-Field]

Thanks for sending this out. MEI was my particular concern.

Eleanor


-----Original Message-----
From: mei-l-bounces at lists.uni-paderborn.de
[mailto:mei-l-bounces at lists.uni-paderborn.de] On Behalf Of Craig Sapp
Sent: Friday, November 04, 2011 3:08 PM
To: Music Encoding Initiative
Subject: [MEI-L] Fwd: MakeMusic Purchases Recordare Assets

Hi MEIers,

In case you haven't heard, Finale bought MusicXML this week (see initial
announcement below).

-=+Craig

---------- Forwarded message ----------
From: Recordare Information <info at recordare.com>
Date: Wed, Nov 2, 2011 at 1:28 PM
Subject: [MusicXML] MakeMusic, Inc. Enhances Technology Leadership By
Purchasing Recordare Assets
To: musicxml at recordare.com


MAKEMUSIC, INC. ENHANCES TECHNOLOGY LEADERSHIP BY PURCHASING RECORDARE
ASSETS

Recordare Founder Michael Good to join MakeMusic Team as Director of
Digital Sheet Music

Minneapolis - November 2, 2011 - MakeMusic, Inc. (NASDAQ: MMUS) announced
it has entered into an agreement to acquire selected assets of Recordare
LLC, the Internet music publishing and software company.
Closing is expected to occur during the fourth quarter.

Under the terms of the agreement, MakeMusic is purchasing the MusicXML
open format and Dolet software technology, including copyrights, source
code, and trademarks. MakeMusic also announced that the founder of
Recordare and inventor of MusicXML, Michael Good, will be joining
MakeMusic as the Director of Digital Sheet Music.

"This acquisition demonstrates our commitment to the ongoing development
and support of an open notation format to the entire music community,"
said Karen van Lith, MakeMusic CEO. "The synergy between MusicXML and
Dolet software enhances MakeMusic's renowned family of music products,
further establishing us as the technology leader, and I am thrilled to
have the creative talents of Michael Good to help us drive innovation in
the music industry."

"Today is a momentous day for Recordare and MusicXML," said Michael Good,
Recordare founder and CEO.  "MakeMusic has been MusicXML's earliest and
most significant supporter. It's the world's largest company devoted to
music notation, practice, and digital sheet music technology. In
considering the sale of Recordare's intellectual property, I was looking
for a company committed to creating new advances in the world of
interactive digital music notation. MakeMusic was clearly the best fit."

MusicXML has become the standard for musical notation interchange and is
an Internet-friendly way to publish musical scores. The technology enables
musicians to distribute interactive sheet music online and to use sheet
music files with a wide variety of musical applications.
MusicXML will continue to be available under the same open and
royalty-free license as before and is supported by more than 150
applications.

Recordare's Dolet software for Finale and Sibelius uses the MusicXML
format to provide a universal translator. Just as word-processing and
spreadsheet programs have been sharing formats for years, with MusicXML,
musicians can write in one program and share their creations with people
who prefer to use another program. Upon closing, MakeMusic will provide
the Dolet software at no charge.

Dozens of companies and organizations support MusicXML, including Avid
Technology Inc., Noteflight, LLC, Microsoft Research, Steinberg Media
Technologies GmbH, Cakewalk Inc., Notion Music Inc., Musitek Corporation
and the Massachusetts Institute of Technology Music Program.

About MakeMusic, Inc.

MakeMusic, Inc. is a world leader in music technology whose mission is to
develop and market solutions that transform how music is composed, taught,
learned and performed. For more than 20 years, Finale has been the
industry standard in music notation software, enabling composers,
arrangers, musicians, teachers, students and publishers to create, edit,
audition, print and publish musical scores. MakeMusic is also the creator
of SmartMusic interactive software that is transforming the way students
practice. With SmartMusic, students and teachers have access to thousands
of band, orchestra and vocal pieces allowing students to practice with
background accompaniment and get immediate feedback on their performance.
SmartMusic allows teachers to individualize instruction and document the
progress of every student.
The SmartMusic Inbox, an Android and Apple mobile application, provides
additional access for teachers to review, grade, and comment on student
assignments. MusicXML is an Internet-friendly way to publish musical
scores, enabling musicians to distribute interactive sheet music online
and to use sheet music files with a wide variety of musical applications.
Additional information about this Minnesota company can be found at
www.makemusic.com.

[Cautionary Statements]

SOURCE: MakeMusic, Inc.

Company Contact:

MakeMusic, Inc.
Karen VanDerBosch
Chief Operating Officer and Chief Financial Officer MakeMusic, Inc.
(952) 906-3690
kvanderbosch at makemusic.com

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