LOUD Names John Boudreau Vice President, Mackie and TAPCO Brand Group
January 18, 2007 – Woodinville, Wash. - LOUD Technologies Inc. (LOUD) today announced the promotion of John Boudreau to Vice President of the Mackie & TAPCO brand group, along with several changes and additions to the brand's dedicated management team. At the same time, the Company transferred management responsibility for the TAPCO brand to John and his team from LOUD's MI brand group.
In his new role, John will set and manage the business plans for the Mackie & TAPCO brands, as well as define all corresponding product and marketing strategies.
"Since joining LOUD more than 5 years ago, John has defined and delivered the kinds of products our competitors only dream of," commented Jamie Engen, LOUD Technologies' CEO. "His ability to see market potential from a customer's perspective, focus our unparalleled engineering talent and lead supporting resources will enable him to take the Mackie and TAPCO brands to new heights in the years to come."
John brings a uniquely balanced background in recording and live sound engineering to the new role, including engineering positions at Paragon Recording and the Double Door in Chicago. He also spent several years in Application Support for Shure and Intelix before assuming progressively more senior positions in product development at LOUD, including his most-recent role as Mackie Brand Director. John is widely noted for conceiving and developing several successful Mackie products, including the TT24 digital live sound console and the ONYX mixer line.
In addition to John's promotion, LOUD announced the appointment of Steve Kawasaki to the position of Brand Group Business Director, and the promotion of Gil Perales to Brand Manager. James Woodburn continues in the role of Senior Recording Brand Manager and manages all recording product development and management.
"It's a great honor to take on the leadership role for Mackie – a brand I've bowed down to for years -- and the team that's contributed to its success," noted Boudreau. "I'm also really excited to move TAPCO into an entirely new place, and make it the go-to brand for new recording and performing musicians alike. I have a great team – with killer ideas and unbeatable experience. Who said the sky was the limit?"
About LOUD Technologies Inc.
LOUD Technologies Inc. (www.loudtechinc.com) is one of the world's largest manufacturers and distributors of professional audio and music products. As the corporate parent for world-recognized brands including Alvarez, Ampeg, Crate, EAW, Knilling, Mackie, SIA and TAPCO, LOUD Technologies produces and distributes a wide range of digital recording products, loudspeakers, commercial audio systems, audio and music software, guitars, guitar and bass amplifiers, and orchestral string instruments. LOUD Technologies' brands can be found in professional and project recording studios, video and broadcast suites, post-production facilities, sound reinforcement applications including churches and nightclubs, and retail locations and on major musical tours.
Forward Looking Statements
Statements in this release that are "forward-looking statements" are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors such as: market acceptance of new products; continued acceptance of existing products; delays in product development and related product release schedules; product price discounts; reliance on third party manufacturers and reliance on sole or limited source suppliers for key components that could result in component shortages and delays in product delivery, any of which may cause revenues and income to fall short of anticipated levels; obsolete inventory or product returns by distributors, resellers and retailers; warranty and other claims on products; changes or delays in product shipments; technological shifts; the availability of competitive products at lower prices; the continued ability to protect the company's intellectual property rights; changes in product mix; maturing product life cycles; product sale terms and conditions; the financial condition of our customers and vendors; adverse results in litigation; the effects of terrorist activity and armed conflict such as disruptions in general economic activity and changes in our operations and security arrangements; continued softness in retail spending or other changes in general economic conditions that affect demand for our products; currency fluctuations; and vigorous competition. For further information regarding risks and uncertainties associated with LOUD's business, please refer to the "Management's Discussion and Analysis of Results of Operations and Financial Condition" section of LOUD's SEC filings, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q, copies of which may be obtained by contacting LOUD's investor relations department at 1-866-858-LTEC (5832) or 425-892-6500, or on LOUD's website at www.loudtechinc.com/invest/index.html.
Mackie, EAW, and EAW Commercial are registered trademarks of LOUD Technologies Inc. in the United States and other countries. All other trademarks are the property of their respective owners.
For more information please contact: LOUD Technologies Inc. – 16220 Wood-Red Road N.E. – Woodinville, WA 98072 – Phone: (425) 487-4333 – Fax: (425) 487-4337 – Internet: www.loudtechinc.com |
