Formed in 1980 by Knut Nærum, Hilde Lundgaard, Håkon Torgersen, Geir Sandøy, Marit Pettersen and Yngve Blokhus. The label name is an abbreviation for "Vårt Eget Plateselskap". Later transferd to Norwegian Sonet represented by Terje Engen, and continued as JEPS.
