Aspiro completes acquisition of Mobile Entry- strengthens Business Solutions


Aspiro completes acquisition of Mobile Entry- strengthens Business Solutions

Effective today, Aspiro has acquired the remaining shares in the Norwegian
company Mobile Entry. The acquisition is part of Aspiro's strategy to strengthen
its operations within the Business Solutions area. Mobile Entry develops
technology, solutions and concepts for mobile interactivity and marketing.

Background
In September 2007, Aspiro acquired 25.5 percent of the stocks in Mobile Entry
AS. Aspiro has now chosen to acquire the remaining 74.5 percent of the stocks in
the company. The purchase price for the remaining stocks is NOK 4.25 m cash. The
transaction is not expected to generate any significant earnings effect for
Aspiro in 2008.

Motivation for the Take-over
The acquisition of Mobile Entry is part of Aspiros strategy for the Business
Solutions area and mobile platforms for the corporate market.

- Mobile Entry will be an important part of Aspiro's strategy for increased
focus on the Business Solutions area and our new initiatives within mobile
interactivity. Mobile Entry has satisfied customers and in addition, a platform
that places Aspiro in the leading position for the technological development in
the area, says Gunnar Sellæg, CEO of Aspiro.

About Mobile Entry
Mobile Entry is a Norwegian company developing technology, solutions and
concepts for mobile interactivity and marketing. Mobile Entry focuses on
delivery to media corporations, advertisers and companies needing to exploit
mobile technology as a communications channel. Among their customers are VG
Multimedia, Aftenposten, Hjemmet Mortensen, Aftonbladet, Svenska Dagbladet and
the Broaden Community. Mobile Entry's net revenue for the first six months of
2008 was some NOK 1 m, with earnings of some NOK 0,1 m. Mobile Entry also has a
cash holding of some NOK 1,6 m.

For more information, please contact:

Kristin Breivik Eldnes
Communications Manager
Tel: +47 908 07 389
E-mail: kristin.eldnes@aspiro.com

Gunnar Sellæg 
CEO
Tel: +47 901 81 528 
E-mail: gunnar.selleg@aspiro.com


Aspiro in Brief
Aspiro creates and provides mobile entertainment, business solutions and search
services, and is a market leader in the Northern european region. Using Aspiro's
services, users can do things like watch TV, listen to music and play games on
their mobile phones or the Internet. Sales are through brands such as Inpoc,
Cellus and Boomi. Aspiro was incorporated in 1998 and is a small-cap company
listed on the Nordic Exchange in Stockholm. In 2007, Aspiro's sales were SEK 405
m and the company has some 150 employees. The head office is in Sweden, with
office presences in Norway, Sweden, Finland, Denmark, Estonia, Latvia and
Lithuania.

For more information about Aspiro please visit www.aspiro.com

Attachments

08062254.pdf
GlobeNewswire