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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