ZGP Z Grp

RNS Number:8719A
Z Group PLC
26 July 2007


Z GROUP plc (the "Company")

New Product Launch

Z GROUP plc announces the release of its latest new product,
www.ShrinkMyTunes.com, a breakthrough in MP3 compression

London, UK - 26 July 2007 - Z GROUP plc, the AIM listed developer and provider
of leading consumer Internet technologies, announces the launch of
ShrinkMyTunes, a unique compression software that has the capability to
quadruple the storage capacity of iPods, MP3 players and mobile phones.

ShrinkMyTunes' compression of MP3 audio files is achieved through proprietary
encoding and heuristic optimization algorithms developed by former NASA
scientists.  This software has been licensed exclusively by Z GROUP for
worldwide distribution. 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:

"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 builds on Z GROUP's success of delivering
award-winning compression software that started with our ONSPEED product."

ShrinkMyTunes will be available for #19.99 from www.shrinkmytunes.com and HMV
flagship stores throughout September and October. This will be followed by a
launch in retail stores nationwide.

                                                                  26th July 2007
For further information:

Z GROUP plc                                           +44 207 952 4039
Meghan Cady, Chief Operating Officer                  meghan@zgroupplc.com

Teather & Greenwood Limited (NOMAD)                   +44 207 426 9000
Tom Hulme

Nexus Financial Ltd                                   +44 207 451 7068
Nicholas Nelson



About Z GROUP:

Founded in 2002, Z GROUP is 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

*    OnShare: proprietary and revolutionary file sharing software enabling 
     highly secure communication between small or large groups of users

*    ONSPEED Mobile: unique mobile phone acceleration software, which speeds up 
     and optimises slow Internet connections and helps users control associated 
     costs

*    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

*    Net2Roam: service that allows individuals and SMEs to obtain local Dial-up 
     access numbers worldwide at rates below normal international rates

For more information on the Group, visit www.zgroupplc.com



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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