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Mackie Designs Inc. Announces Acquisition of Acuma Labs Ltd.

August 2, 2000 – Woodinville, Wash. – Mackie Designs Inc. (NASDAQ: MKIE) today announced the completion of the purchase of Acuma Labs Ltd. Based in Victoria, Canada, Acuma Labs Ltd. develops real-time embedded systems for professional audio applications. Acuma specializes in digital signal processors, microprocessors, digital audio effects, analog and digital software, real-time operating systems, interfaces, and hardware design.

"Acuma provides focused digital technology resources to Mackie's engineering group," states Peter Watts, Mackie's Executive Vice President of Engineering, "enhancing our development of increasingly sophisticated professional audio products".

Jamie Engen, Mackie's Chief Operating Officer, adds, "While not material from a financial standpoint, Acuma's world-class digital software and hardware engineering team does materially strengthen our engineering group. Acuma will help Mackie provide unique and powerful solutions to the professional audio community."

Forward-Looking Statements
This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and the following: changes in demand for the Company's products, product mix, the timing of customer orders and deliveries, the impact of competitive products and pricing, constraints on supplies of critical components, excess or shortage of production capacity, difficulties encountered in the integration of acquired businesses and other risks discussed from time to time in the Company's Securities and Exchange Commission filings and reports. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

About Mackie
Mackie Designs Inc. is known worldwide as a leading manufacturer and marketer of high-quality, affordable professional audio systems. Mackie products can be found in professional and project recording studios, video and broadcast suites, post production facilities, sound reinforcement applications including churches and nightclubs, retail locations and on major musical tours. Mackie Designs Inc. products are marketed by 54 distributors to more than 100 countries around the world.

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

For more information please contact: Mackie Designs Inc. – 16220 Wood-Red Road N.E. – Woodinville, WA 98072 – Phone: 425-487-4333 – Fax: 425-487-4337 – Internet: www.mackiedesigns.com

 
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