FOR IMMEDIATE RELEASE

Olive introduces Symphony – Wireless digital music center goes HiFi for
$899. Mac OS X software for management of classical music.

SAN FRANCISCO, CA – July 28th 2005 – Olive Media Products, Inc., a
developer of innovative digital audio systems, today announced the
Symphony, a wireless digital music center designed for true audiophiles.
Olive Symphony is based on the popular idea of a central device that
stores, manages and wirelessly distributes digital music throughout the
home, but is engineered as a true HiFi component. High fidelity sound is
achieved through Olive’s Digital Pure Audio (DPA). The proprietary
technology combines a 32-bit IBM PowerPC for flawless processing of audio
in lossless quality, a fan-less design and a digital output to the user’s
stereo system.

Users can record CDs, vinyl and tape onto the noiseless 2.5″ 80GB
hard-drive, which holds up to 20,000 songs. The integrated CD database
identifies, tags and archives the CD automatically.

To enjoy their music away from Symphony users can stream audio wireless
(802.11g) to up to 5 rooms simultaneously, update their iPod via USB or use
the built-in CD-RW drive to burn and duplicate CDs. The Symphony’s
networking capability also allow to stream music from and to a Mac or PC.

Two additional features set Symphony apart: The bundled Playlist Mac OS X
software allows users to accurately manage classical music, and the Preload
service offers a free upload of the user’s music onto the Symphony.

“The quality limitations of lossy audio formats and problematic integration
of convergence technology have made most digital solutions unacceptable for
music aficionados.”, said Oliver Bergmann, Ph.D., Chief Executive Officer
and President of Olive Media Products, Inc. “Olive enters the market from
the perspective of a true audiophile, eliminating the PC experience
entirely.”

PRICING AND AVAILABILITY
The Symphony will be available mid of August starting at $899, and is
available directly by phone (1.877.BY.OLIVE) or online at www.olive.us.

ABOUT OLIVE
Headquartered in San Francisco, California, Olive is a privately held
company driven by a team of music aficionados with a vision to create the
perfect digital audio experience. For more information about Olive and its
many fine products visit www.olive.us or call 1.877.BY.OLIVE.