Carver Pro Amplifiers Contribute Winning Audio Performances to 2004 Summer Olympic Games

Sixty Powerful Amps in Custom Sound Systems for 7 Major Arenas Help Bring the Games to Life with Drama, Reliability, Clarity and Style

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CONTACT:

Phoenix Gold International, Inc.
Rusty Bennett /503 -978 -3349 Voice
rbennett@phoenixgold.com

J. B. Stanton Communications: NY/CT/LA
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Stan Pinkwas / [718] 788 -7777 Voice
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Bryan Stanton /jbs@jbstanton.com

Carver Pro Amplifiers Contribute Winning Audio Performances to 2004 Summer Olympic Games

Sixty Powerful Amps in Custom Sound Systems for 7 Major Arenas Help Bring the Games to Life with Drama, Reliability, Clarity and Style

PORTLAND, OR, Nov. 10, 2004 - - Carver Professional™ a division of Phoenix Gold International, Inc. (www.pinksheets.com: PGLD), has revealed it provided critical amplifier solutions for sound systems employed in several large capacity arenas at the 2004 Summer Olympic Games in Athens, Greece.

Sixty mighty Carver Professional power amplifiers were installed as part of the custom, no -compromise sound systems created for seven major arenas. By all accounts, they proved to be ideal choices for the varied, sophisticated audio the arenas required.

`We are very pleased to have been able to participate in the Olympic Games and support AGG (Audio Group Greece B.V.), our exclusive distributor in Greece and Cyprus,` said Randy Bingham, Carver Pro Director of Sales and Marketing. `Our amplifiers performed exceptionally well and proved to be excellent for the mid -size and large venues in which they were installed.`

Models of Carver Pro amplifiers featured in Athens included the highly acclaimed ZR1600, PM1400, PXM900, and PT2400, and the greatly anticipated Xi2600. The new Xi2600 amplifier is rated for 2600 watts mono into 4 ohms, 1600 watts mono into 8 ohms, and 800 watts stereo into 4 ohms. Carver Professional amplifiers accounted for the majority of amplifiers installed at the Summer Olympic Games.

The amplifiers proved well suited for powering long throw speakers rated from 600 watts at 8 ohms to 1200 watts at 16 ohms, driving them to maximum levels of quality and sonic performance. Veteran sound professionals experienced with large arenas praised the unique use of Carver Pro amplifiers for their reliability, sound quality and ease of use.

The arenas featuring the amplifiers were used for a broad range of Olympic events, including swimming, diving, water polo, gymnastics, volleyball, basketball and tennis. They included the Open Main, Synchronized and Closed Swimming Arenas; the Open Main and K1 Tennis Arenas; the Galatsi Closed Gymnastic Arena, and the 18,000 -seat SEF Phaliron Closed Volleyball -Basketball Arena. Combined, the arenas were capable of seating 66,000 spectators each night.

Andreas Tsolias, managing director of AGG (Audio Group Greece B.V.) and his expert staff installed the powerful, custom sound systems, which were designed by Gerasimos Efthimiatos and Christos Zikos.

Phoenix Gold International, Inc. (www.pinksheets.com: PGLD), founded in 1985 and located in Portland, Oregon, designs, manufactures, and sells innovative high quality, high performance electronics, accessories and speakers to the audio market. The Company`s products are used in the car audio aftermarket, professional sound installations, and in custom audio/video and home theater applications. Products are sold under the brand names Phoenix Gold, Carver, Carver Professional™, and AudioSource®.

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For additional information about Carver Pro division of Phoenix Gold, please visit its Web site at www.phoenixgold.com.

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