Z GROUP Plc Announces The Release of its Latest New Product, www.ShrinkMyTunes.com, a Breakthrough in MP3 Compression

Z GROUP Plc Announces The Release of its Latest New Product, www.ShrinkMyTunes.com, a Breakthrough in MP3 Compression

LONDON, July 25/PRNewswire-FirstCall/ --

- ShrinkMyTunes quadruples the Storage Capacity of iPods, MP3 Players and Mobile Phones, Including the Newly Launched iPhone

Z GROUP plc's revolutionary technology, ShrinkMyTunes, compresses MP3 audio files giving customers 4 times more storage capacity on any audio device, such as iPods, MP3 players, PCs, laptops and even mobile phones, including the newly launched iPhone.

ShrinkMyTunes will be available for only GBP19.99 from www.shrinkmytunes.com and HMV flagship stores throughout September and October. This will be followed by a nationwide launch in retail stores such as PC World, Tesco and WH Smith.

ShrinkMyTunes' compression of MP3 audio files is achieved through proprietary encoding and heuristic optimisation algorithms developed by former NASA scientists. The compressed audio files are compliant with the industry standard MP3 format and remain in MP3 format after the compression has taken place. The software works seamlessly with iTunes and any MP3 player and takes under a minute to compress each track.

Jamie True, Joint CEO of Z GROUP, said: "We are hugely excited about the launch of ShrinkMyTunes. We're quadrupling the number of tracks you can now fit on your music player or laptop, without increasing the bulk of the device. ShrinkMyTunes addresses important and specific needs for anyone with a music collection and will be particularly popular with owners of iPod minis and shuffles, as well as new iPhone customers. There are currently over 11 million people in the UK alone that own an MP3 player and this sector is continuing to experience high growth. We are very proud to be the first and only company to bring such an innovative, useful and affordable software product to consumers worldwide. "

ShrinkMyTunes will be available from www.shrinkmytunes.com as a 1Mb download.

About ShrinkMyTunes:

ShrinkMyTunes is a wholly owned subsidiary of Z GROUP, a successful, publicly listed London-based technology company which acquires, licences and develops technologies and profitably commercialises them through proven branded marketing techniques, offering cutting edge, easy to use and affordable software.

Z GROUP has five software business lines:

- ShrinkMyTunes: unique MP3 compression software, allows 4x more music on iPods, MP3 players and mobile phones - ONSPEED: the fastest Internet acceleration software on the market, which instantly enables any PC, Mac and Pocket PC user to browse and email at near Broadband speeds by using a 9-patented compression technology - ONSPEED Mobile: unique mobile phone acceleration software, which speeds up and optimises slow Internet connections and helps users control associated costs - OnShare: proprietary and revolutionary file sharing software enabling highly secure communication between small or large groups of users - Net2Roam: service that allows individuals and SMEs to obtain local Dial-up access numbers worldwide at rates below normal international rates.

Source: Z GROUP plc

For more information, please contact: Meghan Cady Z GROUP plc +44-(0)207-952-4039, meghan@zgroupplc.com

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Profile: International Entertainment