HALMSTAD - SweMD, the Halmstad-based company owned by Gyllene Tider's Göran Fritzon and MP Persson among others, started their web-based audiobook store in October last year. Their idea was to sell books in MP3 format. Seems they were correct as many major companies in Sweden, like CDON and AdLibris, have since entered the market.

  Now SweMD has taken the next step with a stand-alone audiobook downloading machine for libraries. Using their machine, people can borrow audiobooks for free.

  The first one to get a prototype of the machine will be the city library of Skövde. It will be installed and opened tomorrow by Göran. If all goes according to SweMD's plans, libraries all over Sweden can become their customers.

• SweMD (in Swedish)