LaunchEquity Completes Acquisition of MakeMusic, Inc.

  LaunchEquity Completes Acquisition of MakeMusic, Inc.

Business Wire

MINNEAPOLIS -- May 1, 2013

LaunchEquity Acquisition Partners, LLC Designated Series Education Partners
(“LEAP”), a sponsored entity of LaunchEquity Partners, LLC, today announced
the successful completion of its previously announced acquisition of
MakeMusic, Inc. (NASDAQ: MMUS) (“MakeMusic”) for $4.85 per share.

LEAP acquired MakeMusic through a tender offer and short-form merger, both of
which were completed today. In the merger, each outstanding share of common
stock of MakeMusic, other than shares held by LEAP and its affiliates and
shares as to which dissenter’s rights are perfected in accordance with
applicable law, was canceled and converted into the right to receive the same
$4.85 per share cash price, without interest, that was paid in the tender
offer.

As a result of the completion of the merger, MakeMusic has become a
wholly-owned subsidiary of LEAP and the common stock of MakeMusic ceased
trading on the NASDAQ Capital Market at the close of trading today. MakeMusic
will make necessary filings with the Securities and Exchange Commission to end
its reporting obligations under the Securities Exchange Act of 1934, as
amended.

About MakeMusic, Inc.

MakeMusic^®, Inc. is a world leader in music technology whose mission is to
develop and market solutions that transform how music is composed, taught,
learned and performed. For more than 20 years, Finale^® has been the industry
standard in music notation software, enabling composers, arrangers, musicians,
teachers, students and publishers to create, edit, audition, print and publish
musical scores. MakeMusic is also the creator of SmartMusic^® interactive
software that is transforming the way students practice. With SmartMusic,
students and teachers have access to thousands of band, orchestra and vocal
pieces allowing students to practice with background accompaniment and get
immediate feedback on their performance. SmartMusic allows teachers to
individualize instruction and document the progress of every student. The
SmartMusic Inbox™, an Android™ and Apple^® mobile application, provides
additional access for teachers to review, grade and comment on student
assignments. MusicXML™ is an Internet-friendly way to publish musical scores,
enabling musicians to distribute interactive sheet music online and to use
sheet music files with a wide variety of musical applications. Garritan™ sound
libraries provide musicians with state-of-the-art virtual instruments with the
playback quality of a live performance. Additional information about this
Minnesota company can be found at www.makemusic.com.

About LaunchEquity

LaunchEquity Partners, LLC is an investment entity that provides growth
capital and strategic leadership to intellectual-property based businesses.

Forward-Looking Statements

This press release may contain forward-looking statements that are not
historical facts and are subject to risks and uncertainties that could cause
actual results to differ materially from those described. All statements other
than statements of historical fact are statements that could be deemed
forward-looking statements. All forward-looking statements are based largely
on current expectations and beliefs concerning future events, approvals and
transactions that are subject to substantial risks and uncertainties. A
further list and description of additional business risks, uncertainties and
other factors can be found in MakeMusic’s Annual Report on Form 10-K for the
fiscal year ended December31, 2012, as well as other MakeMusic SEC filings.
Copies of these filings, as well as subsequent filings, are available online
at www.sec.gov and www.makemusic.com. The forward-looking statements made in
this communication are made only as of the date of this communication, and
MakeMusic undertakes no obligation to update them to reflect subsequent events
or circumstances.

IMPORTANT NOTICE: This press release is for informational purposes only and is
neither an offer to buy nor the solicitation of an offer to sell any shares or
other securities nor a solicitation of tenders with respect to the Offer. The
Offer described herein will not be made in any jurisdiction in which, or to or
from any person to or from whom, it is unlawful to make such offer or
solicitation under applicable state or foreign securities or “blue sky” laws.

Contact:

MakeMusic, Inc.
Karen VanDerBosch, 952-906-3690
Chief Operating Officer &
Chief Financial Officer
kvanderbosch@makemusic.com
or
Investor Relations:
LHA
Harriet Fried, 212-838-3777
hfried@lhai.com