Britney Spears said Friday she and her longtime beau, talent manager Jason Trawick, have ended their yearlong engagement.

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The couple began dating in 2009.

"Jason and I have decided to call off our engagement," Spears said in a statement to People.com. "I'll always adore him and we will remain great friends."

"As this chapter ends for us, a new one begins. I love and cherish her and her boys and we will be close forever," Trawick said.

Spears has two sons with her ex-husband, Kevin Federline.

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Friday was a big day for news about the 31-year-old singer. She also announced she has no plans to return for a second season as a judge on TV's "The X Factor."