VXI Corporation Announces Appointment of New CEO

ROLLINSFORD, NH, Jul 31 (MARKET WIRE) --
The Board of Directors of VXI Corporation, a leading manufacturer of
professional headsets, today announced the retirement of Richard "Dick"
Hale after ten years as President and CEO. Mr. Hale was appointed as
President and CEO of VXI Corporation in 1998 and successfully grew VXI
into a major player in the commercial and consumer headset markets,
breaking ground for the company in both new technologies and in new
markets. "Dick Hale has been instrumental in bringing VXI to a place that
leaves it well positioned in the marketplace. I want to thank Dick for
his outstanding service and congratulate him on a long and distinguished
career," said Dodge Morgan, Chairman of VXI Corporation.

VXI Corporation also announced the appointment of Michael W. Ferguson to
the position of President and CEO succeeding Mr. Hale, effective
immediately. Mr. Ferguson comes to VXI with over 30 years of professional
management experience, including 12 years of headset industry experience,
which makes him well suited to continue VXI's success in the
telecommunications marketplace.

Previously, Mr. Ferguson was the Sr. Vice President of Sales of Portable
Sound Labs, a consumer audio electronics company, where he established a
retail channel for the firm. Prior to that, Mr. Ferguson held various
senior positions, including Vice President of Sales and Marketing, at GN
Netcom, Inc., where he actively contributed to the company's growth. Mr.
Ferguson attended Suffolk University and is currently a candidate for a
Masters of Management from Cambridge College.

"This is a wonderful opportunity for me and an excellent time for me to
re-enter the headset industry with VXI, a company with a long history of
excellence in the contact center, voice recognition and specialized
consumer markets," said Ferguson. "Mike Ferguson brings to VXI relevant
industry experience, leadership, vision and strategic expertise that will
quickly propel VXI into the future. I am pleased that this position has
been filled with such a seasoned professional," said Dodge Morgan,
Chairman of VXI Corporation.

About VXI Corporation

VXI Corporation is a market leader in the design, development and
marketing of high performance voice interface hardware for the businesses
and contact centers, OEM and VoIP markets. VXI's products may be viewed
on their websites at www.vxicorp.com and www.blueparrott.com are
available directly or from major distributors and OEMs throughout the
world.

Contact:
Lisa Keslar
800-742-8588

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