Mackie Designs Inc. Announces Second Quarter Results

July 27, 1999 – Woodinville, WA. – Mackie Designs Inc. (Nasdaq:MKIE) today announced earnings of $1.1 million, or $0.09 per share, for its second quarter ended June 30, 1999 on revenues of $38.6 million. This compares with earnings of $0.10 per share on revenues of $18.2 for the quarter ended June 30, 1998 (pre RCF acquisition).

"Revenues for the second quarter set record levels at Mackie Designs demonstrating strong demand and good product acceptance of our new products," commented CEO, Roy Wemyss. "Following several years of significant effort and research and development expenditure, the company delivered seven new products in the first quarter and five additional new products in the second.

In our core markets, the company has added twelve new products at price points that target the sweet-spot of the end-user market. This should convert into a solid and substantial revenue base in the near to medium term. With more new products in the pipeline, as previewed at the NAMM show in January 1999, and the NSCA show in April 1999, it appears as though the company is well positioned to maintain revenue growth.

More importantly, in the long term, Mackie's introductions bring to market several new core technologies. Aided by the ability to now offer systems solutions to the live, recording, and installed markets, Mackie has significant opportunity to leverage off its well-established brand equity."

Mackie Designs is a leading designer, manufacturer and marketer of professional audio equipment. The company sells audio mixers, mixer systems, power amplifiers, studio monitors and related audio equipment worldwide.

"Mackie" is a registered trademark of Mackie Designs Inc. in the United States and other countries.

This press release may contain forward-looking statements. These statements are based on current expectations that are subject to risks and uncertainties. Actual results will vary because of factors such as market conditions; technological shifts; customer demand; competitive products and pricing; product development, and other factors discussed in the company's Form 10K filed with the Securities and Exchange Commission.