qrs music technologies inc
(QRSM:OTC US)
qrs music technologies inc (QRSM) Snapshot
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Open
$0.16
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Previous Close
$0.15
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Day High
$0.16
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Day Low
$0.15
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52 Week High
07/30/12 - $0.35
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52 Week Low
10/19/12 - $0.13
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Market Cap
1.5M
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Average Volume 10 Days
0.0
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EPS TTM
$-0.06
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Shares Outstanding
9.8M
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EX-Date
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P/E TM
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Dividend
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Dividend Yield
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Related News
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No Related Businessweek News Foundqrs music technologies inc (QRSM) Details
QRS Music Technologies, Inc. designs, manufactures, and distributes pianos, piano-based audio and multimedia products, music, and piano accessories. It offers Pianomation, a musical instrument digital interface (MIDI) system for acoustic pianos, compact discs, and music rolls for player pianos. The company also provides accessories, such as PNOscan, an MIDI record strip that allows to record music directly on acoustic piano using optical sensors; Story & Clark PNObar that creates an atmosphere for friends to gather around piano for a sing-along or to enjoy listening; and SilentPNO that reduces the sound of acoustic piano without interfering with the normal piano action. In addition, it offers a music library, which provides player piano rolls, compact discs, DVDs, and MP3s. The company serves urban apartment dwellers, schools, churches, auditoriums, and other performance venues, as well as musicians and students. It offers its products online, as well as through dealers. QRS Music Technologies, Inc. was founded in 1900 and is based in Seneca, Pennsylvania.
qrs music technologies inc (QRSM) Key Developments
QRS Music Technologies, Inc. announces cooperation with its local dealer, PianoNation, in opening its first Seasonal Retail Showroom. It is located in the Twelve Oaks Mall, Novi, Michigan, Northeast of Ann Arbor and just off Interstate 96 west of Southfield. The showroom will contain a wide representation of QRS technologies including its award winning family of smart piano technologies under the QRS PNO brand. Story & Clark will be well represented with additional Mall Kiosks that will feature a Nickelodeon and Grand piano playing Christmas music and serve to draw people into a showroom full of Story & Clark reproducing pianos. The Mall is located in the heart of a metro region that has 12 Fortune 500 companies and is the number one full priced mall visited in the Detroit metro region according to Taubman Centers.
QRS Music Technologies, Inc. announced its long awaited reentry into the China market. QRS released a version of its PNOmation operating system with Chinese Language Support and free access to 300 tracks of traditional Chinese music. The player system interfaces with virtually any smart device that supports Wi-Fi. The traditional market for player pianos are commercial establishments; the combination of the scheduling capabilities, proven reliability, and network integration of PNOmation make it a very desirable addition to any environment. The company approach has enabled it to add new features as the market demands. It is similar to adding an App or interfacing with an existing one.
QRS Music Technologies, Inc. announced that its best-in-class PNOmation II(TM) system now has a fully integrated record feature. Now with PNOscan(TM) integration, PNOmation II(TM) gives users the possibility of networked lessons, performances and recordings. PNOmation II(TM) is also Wi-Fi enabled, making it easier than ever to control using an iPad, laptop or phone. In addition to controlling PNOmation II(TM) using Wi-Fi, users can also use a traditional remote control and CDs or legacy controllers they currently own. PNOmation's(TM) Music Now feature also adds to its popularity with dealers and end-users. Unlike other systems, PNOmation(TM) music can be played back without an Internet connection, iTunes, or transmission of the music to the piano. QRS will be at the upcoming National Association of Music Merchants ('NAMM') annual show in Anaheim, California, January 19-22.
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Industry Analysis
QRSM
Industry Average
| Valuation | QRSM | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.1x |
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| Price/Book | 0.2x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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To contact QRS MUSIC TECHNOLOGIES INC, please visit www.QRSMusic.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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