N E W S R E L E A S E

MIAMI, FLORIDA – February 4, 2008 – Niles Audio Corporation, The First Name In Custom Installation®, recently celebrated its 30th anniversary of providing products and services that enable professional custom installers to design and install systems that delight their customers. Since the company’s inception in 1978, when it revolutionized switching systems into tools to help audio retailers demonstrate speakers and amplifiers to potential customers, Niles has been a solutions-based company and has pioneered virtually every product category that makes the custom installation business what it is today. The wall-mount volume control, 12-channel amplifier, home theater automation system, MultiZone receiver, 2-way wireless remote control with metadata and audiophile-grade outdoor loudspeakers are all Niles creations that have become the mainstay of the custom installer’s business. The company’s solutions-oriented philosophy of developing the products and services that best serve custom installers was the foundation of the approach that Niles still upholds. Looking to the future, Niles continues its commitment to deliver solutions that will further transform the industry and support its valued and respected customer base.

“Marking Niles’ 30-year anniversary is a significant milestone, and I, personally, am very excited and proud to be part of it,” said Frank Sterns, president of Niles. “My staff and I are more committed than ever to providing the industry’s most complete and up-to-date assortment of reliable, application-specific products that enable our valued customers to design and install custom home entertainment systems that delight their customers while building their businesses. That is what Niles has done over the past 30 years, and that is what we will passionately continue to do,” Sterns added.

Today, Niles’ teams are working diligently to create new, cutting-edge products and dealer support programs that continue to define the industry and position Niles as The First Name in Custom Installation. The Niles line of more than 500 individual products includes all the essential tools of the trade—a comprehensive array of devices for every aspect of whole-house distribution and integration of audio/video systems, including speakers, receivers, amplifiers, automation devices, controls and accessories. Beyond the products themselves, the Niles equation encompasses comprehensive enterprise solutions to help dealers and installers grow. Recognizing that custom installation can be time-sensitive, Niles has set the goal of keeping all of its products in stock at all times and delivering them promptly. Extensive training, technical support, marketing and promotional resources also set Niles apart as a “total solutions” company, leading the industry today and helping to define its future. Niles’ passion for innovative products and the people who use them has led to the company’s 30 years of success and continues to drive its vision.

Corporate Information

Miami-based Niles Audio Corporation is a 30-year-old company recognized as the First Name in Custom Installation®. The company is a leading designer, manufacturer and marketer of audio/video custom installation products and accessories and is guided by its vision to be the world’s leading provider of products and services that enable professional custom installers to design and install systems that delight their customers. To that end, Niles pursues a mission to provide solutions for end users which enable simple and easy access to home entertainment and that integrate seamlessly with other low voltage subsystems like lighting, internet, security and HVAC in residential and light commercial environments. Niles conducts its business with a promise to treat its customers, employees, suppliers and stakeholders with fairness and respect and to foster teamwork, innovation and a commitment to be the best in everything it does.

Additional information may be obtained by contacting Mike Detmer at Niles Audio Corporation, 12331 SW 130th Street, Miami, FL 33186 (Tel: 800-BUY-HIFI ext 197) or by visiting: http://www.nilesaudio.com/

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Corporate Information