Russound and Colorado vNet Announce Acquisition Agreement

NEWMARKET, N.H., Oct. 5 /PRNewswire/ -- Russound and Colorado vNet today
announced that the companies have signed an agreement under which Russound
intends to acquire privately-held Colorado vNet, a Loveland, CO-based
manufacturer of automation & control systems. Terms of the transaction were
not disclosed.

"Colorado vNet brings a number of key assets to Russound: a talented team of
personnel, industry-recognized automation and control technology, and a strong
customer base," said Charlie Porritt, Russound CEO. "The addition of Colorado
vNet to the Russound family will advance both brands' ability to deliver whole
house entertainment & control solutions while expanding our integration
partnerships with a variety of lighting, HVAC, security, and automation
brands."

Under terms of the agreement, Colorado vNet will continue to provide its
award-winning home control system direct to its authorized dealers and will
continue operations out of Loveland, Colorado.

"Our biggest priority is to take care of the Colorado vNet dealers," commented
Porritt. "Colorado vNet will operate independently to preserve its dealer
base and will revert to courtesy technical support services for authorized
Colorado vNet dealers effective Wednesday, October 7th."

"We are pleased to announce that we will honor the ongoing commitment to the
town of Loveland and building a community there," added Porritt.

In commenting on the transaction, Bill Beierwaltes, CEO of Colorado vNet said:
"Of all the companies that expressed interest in acquiring our assets, we
believe that Russound makes the most sense for our customers, our employees
and our business. Russound's long history of innovation, commitment to
customer service and overall leadership role in the multi-room distribution
market leaves me confident that Colorado vNet is in good hands."

The acquisition is expected to close by the end of October.

About Russound
Since 1967, innovation, quality and reliability have been the pillars of the
Russound product tradition. Located in Newmarket, N.H., USA, Russound, the #1
brand in multiroom audio*, offers the products and expertise customers need to
enjoy multiroom audio and video systems in the home. For more than 40 years,
Russound has continued to cater to installation professionals and their
customers by pairing powerful systems using the latest technologies with
intuitive controls to give customers high-performance, easy-to-use solutions.
For more information, visit the company's Web site at www.russound.com.

*#1 Brand in Multiroom Audio according to EH Research for Brand Awareness from
2005 to 2008.

CONTACT: Adam Sohmer, for Russound, +1-347-497-4965, adam@sohmerassoc.com

SOURCE Russound

Adam Sohmer, for Russound, +1-347-497-4965, adam@sohmerassoc.com