APRIL 20 I ALFRED I COMPANY

Alfred Music Joins Peaksware

Alfred Music announced April 20 that it is joining the Peaksware Holdings, LLC portfolio of companies, which includes MakeMusic, bringing together two leaders in educational music publishing and music technology.

Alfred Music and MakeMusic will continue to operate independently while sharing resources within the Peaksware group to advance innovations, provide additional content, and leverage distribution channels. MakeMusic will remain steadfast in its long-standing commitment to work equally with all publishing partners to provide the highest level of quality content for musicians and educators within SmartMusic.

"Our long-term goal at Peaksware is to build an end-to-end ecosystem that connects composers, publishers, educators, directors and musicians," said Gear Fisher, Peaksware CEO. "Alfred brings additional distribution opportunities for artists and composers while expanding the repertoire within SmartMusic for teachers and musicians."

"We are excited about working with the Peaksware portfolio of companies and more closely with MakeMusic to significantly enhance Alfred Music's mission since 1922 of helping the world experience the joy of making music," said Ron Manus, Alfred Music's CEO and chairman. "The combination of the industry's leading music education publisher with the industry's leading technology innovator will excite the entire music community. This is great news for our customers, publishing partners, composers, arrangers, and musicians who will benefit from working with both companies."

Alfred Music's customers and industry partners should expect business to continue as usual with no immediate changes. The main office will remain in Van Nuys, California, and additional offices will stay in their current New York, Miami, UK, Singapore and Germany locations.

"We are very excited by the opportunity to work more closely with Alfred Music on many levels," said Fred Flowerday, vice president of product strategy for MakeMusic. "Expanding the breadth and depth of content available in SmartMusic is exactly what our customers are requesting. Additionally, by combining our strengths, expertise, and experience, we are developing an ecosystem that paves the way forward for all publishing partners, composers, teachers and musicians."

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