N E W S R E L E A S E

MIAMI, FLORIDA, November 17, 2006 – Niles Audio Corporation, The First Name In Custom Installation ®, announced today that the company took top honors in CE Pro magazine’s High Impact Product (CHIP) Awards, winning the coveted “Innovator of the Year” award for the revolutionary IntelliControl® ICS whole house audio system.

The CHIP awards are based on the recommendations of professional integrators who have sold, installed and profited from the award-winning products. The CHIP awards were announced during the Electronic House Expo trade show in Long Beach, Calif. by Julie Jacobson, Vice President and Editor of EH Publishing. In recognition of the honor, IntelliControl ICS will be featured in the December issue of CE Pro.

“Receiving this prestigious honor for IntelliControl ICS means so much to the Niles family,” said Frank Sterns, President of Niles. “The fact that we were chosen by dealers – the people who actually use the system – is huge. It proves we have truly succeeded in our vision of providing a reliable, application-specific product that enables professional custom installers to design and install systems that delight their customers.”

Already the recipient of four other industry awards in 2006, IntelliControl ICS is a whole house audio system that accommodates all of today’s popular sources – including Sirius® and XM® satellite radio, HD Radio®, iPod®, IP-based music sources, legacy audio sources such as CD players, media servers and AM/FM radio – delivering detailed information to and from its keypads, touchscreens and wireless remote controls.

At the heart of the system is the GXR2 Modular Multizone Receiver, the first receiver to use interchangeable source card modules. IntelliControl ICS allows simultaneous listening and control of a variety of music or programs to different rooms or zones throughout the house. The receiver accommodates any combination of up to six modules, and with additional GXR2s, the system is expandable to up to 30 zones, each with fully independent choice of source and control.

Talking Points

Niles was crowned “Innovator of the Year” for the revolutionary IntelliControl® ICS whole house audio system by CE Pro for the magazine’s High Impact Product Awards.
The CHIP awards are based on the recommendations of professional integrators who have sold, installed and profited from the award-winning products.
IntelliControl ICS accommodates all of today’s popular sources and delivers detailed information to and from its keypads, touchscreens and wireless remote controls.
In recognition of the honor, IntelliControl ICS will be featured in the December issue of CE Pro.

Corporate Information

Niles Audio Corporation, based in Miami, Florida, is a 28-year-old company that is recognized as the first name in custom installation™. As a leading designer, manufacturer, and marketer of audio/video custom installation products, Niles Audio has ridden the wave of success on the strength of seven valuable principles including a commitment to a reliable, high-performance, application-specific, product design philosophy, a complete and up-to-date product assortment with just in time delivery, extensive training and technical support with exemplary customer service and strong dealer relationships. Niles is a model brand based on strength, reliability and outstanding performance with a wide range of award-winning, innovative products.

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

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Talking Points

Corporate Information