Cost saving program in Aspiro


Cost saving program in Aspiro

Aspiro's Board of Directors has decided to execute a cost savings program of
20-25 MSEK yearly. The program mainly consists of staff reduction. Restructuring
costs for the program of 10-15 MSEK will affect the company's result for the
third quarter. The program is expected to be completed during the fourth
quarter.

The program affects Aspiro's business areas Mobile Entertainment and Business
Solutions. New growth areas in Rubberduck Media Lab and Mobile Marketing are not
affected. Aspiro aims to execute the cost reductions as far as possible through
voluntary programs.

- Reorganizations during last year showed that there is still a substantial
potential for improvement in the organization. Even though revenue growth in
Mobile Entertainment and Business Solutions has been good, these parts of our
operations haven't been profitable enough. Aspiro will continue to focus on
growth and we see great possibilities ahead, says Aspiro's CEO Gunnar Sellæg.

For more information, please contact:

Kristin Breivik Eldnes
Acting 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. Sales are through partners as mobile operators and 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

Anhänge

06132065.pdf