Ableton AG is One of the Fastest Growing and Most Innovative High-Tech Companies in Germany

Ableton AG is One of the Fastest Growing and Most Innovative High-Tech Companies in Germany

Ableton AG has Reached Number 20 in the Fast 50 - Germany's Fastest Growing Technology Companies - and was a Finalist in the "Entrepreneur of the Year 2007" Competition

BERLIN, October 24/PRNewswire/ -- Ableton AG, one of the world's leading providers of standard music
software, announced its ranking in the Deloitte Technology Fast 50, a listing
of the fastest growing technology companies in Germany. Ranking in the
listing is based on a company's aggregate percentage revenue growth
calculated over the last five years, from 2002 to 2006. Ableton AG was able
to tally a growth rate of over 560 percent during the period, thus grabbing
the number 20 spot in the Fast 50 ranking.

Moreover, the Board of Directors at Ableton AG, consisting of Gerhard
Behles (CEO), Bernd Roggendorf (CTO) and Jan Bohl (COO/CFO), was among the
finalists in the "Entrepreneur of the Year 2007" award. For the 11th time
now, tax and consulting firm Ernst & Young nominated the top medium-sized
companies in Germany. More than 350 competitors took part this year in the
strict, multitiered selection process that leads to the Entrepreneur of the
Year 2007.

This makes Ableton one of the fastest growing and most innovative
companies in Germany. Since its founding in 1999, Ableton has been developing
and marketing modern music software for DJs, musicians, bands, film score
composers and theatre sound systems. The company's flagship product, Ableton
Live, has made Ableton AG one of the leaders in the music industry and has
been distinguished with a number of coveted industry-wide awards.

"We are proud to be one of the fastest growing and most innovative
technology companies in Germany," said Jan Bohl. "We have managed to form a
solid commercial framework with the development and marketing of music
software over the last several years and we have a fast-growing customer base
in the international music business."

Version 7 of Ableton Live and a new series of software instruments will
be launched onto the market soon. "We are looking forward to the positive
feedback from customers regarding the announcement of Ableton Live 7 and the
new instruments," said Gerhard Behles. Ableton cooperated for the first time
on this release with Applied Acoustics Systems, a renowned Canadian software
company specialising in software instruments. "We are very happy with the
results of this cooperation," continued Behles.

About Ableton

Ableton is a corporation whose core product, Ableton Live, has become a
key platform for computer-based music creation, production and performance.
Ableton markets its products worldwide, and its rapidly growing user base
stands at approximately 600,000 users as of today. In 2006, Ableton generated
revenues of EUR 7.2 million. In 2007, a double-digit percentage increase is
anticipated. Ninety percent of the generated revenue was achieved abroad in
fiscal year 2006. Ableton employs 93 people in its Berlin and New York
offices.

About Deloitte Germany

Deloitte is one of Germany's leading auditing and consulting companies.
Its wide range of services includes auditing, tax consultation and business
and corporate finance consulting. With 3,400 employees in 18 branch offices,
Deloitte has been managing a client list with companies and institutions of
all legal forms and sizes and from every possible industry for nearly 100
years. The Deloitte Touche Tohmatsu network makes Deloitte part of a truly
global company, with 135,000 employees in around 150 countries across the
world.

About the "Entrepreneur of the Year" award

Ernst & Young organises the corporate competition "Entrepreneur of the
Year" in more than 50 countries around the world. For Germany, 2007 marked
the 11th year that the award has been given. The distinction identifies and
honours top entrepreneurial efforts. A high-ranking and impartial jury
consisting of businesspeople and scientists select the "Entrepreneur of the
Year" in the categories Industry, Trade, Services, Information and
Communications Technology/Media and Start-ups. Renowned companies and the
media sponsor the competition as partners. Among them are BMW, IKB Deutsche
Industriebank, Capgemini, Frankfurter Allgemeine Zeitung and Manager
Magazine.

About Ernst & Young

Ernst & Young AG, with headquarters in Stuttgart, is one of the three
leading German auditing and consulting companies and is a member of the
international network of Ernst & Young Global. In tax consultation, Ernst &
Young is the number one among the German auditing and tax consulting firms.
Ernst & Young employs about 6,250 people in 21 locations and generated
revenues of EUR 1.01 billion in fiscal year 2005/2006. The nearly 114,000
employees at Ernst & Young Global generated revenues of US$ 18.4 billion in
fiscal year 2005/2006.

As a business partner, the Ernst & Young network in Germany offers both
large- and medium-sized companies a comprehensive portfolio of services, from
auditing and tax consultation to transaction, management, risk and real
estate consultation.

Ableton Contact - Public Relations
Claudia Weidner
Schonhauser Allee 6/7
D - 10119 Berlin
T: +49-30-2887630
F: +49-30-288763-11
weidner@ableton.com

http://www.ableton.com

Source: Ableton AG

Ableton Contact - Public Relations, Claudia Weidner, Schonhauser Allee 6/7, D - 10119 Berlin, T: +49-30-2887630, F: +49-30-288763-11, weidner@ableton.com

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