Tim Leahy Named Phoenix Gold Director of Marketing

The 30-Year Industry Veteran and 14-Year Phoenix Gold Sales and Marketing Manager will Spearhead Phoenix Gold's and AudioSource's Short and Long Term Marketing Strategies

PORTLAND, Ore., October 11, 2006 - PHX AP Acquisitions LLC. (dba Phoenix Gold) is proud to announce that it has appointed 30 -year industry veteran Tim Leahy director of marketing. Leahy, who as been with Phoenix Gold for the past 14 years, will be responsible for the company's home and car divisions' short and long term marketing strategies.

"Phoenix Gold's new ownership has set forth a new commitment for success," said Leahy. "While working closely with our executive team, we will develop a focused and concise strategic plan for home, car, and accessory products while continuing to refine the product development for both our home and 12 volt accessories lines."

Leahy began his career in 1976 as an independent representative in upstate New York. He then represented Phoenix Gold for five years as vice president of an independent rep. firm in southern California, where he also represented such companies as Harman America (JBL, HK and Triad tape), ADCOM and Rotel Electronics, Paradigm, Canton and Advent Speakers, Linear Power, Kicker, Scosche, Recoton, Phanstiehl, and Monster Cable.

Leahy started with Phoenix Gold in 1993 as national sales manager for PG's car and home products. In 2001 he was named director of sales and marketing for home and pro products, which included PG Innovative Home, AudioSource and Carver Professional. In 2004, Leahy added product development for both car and home accessories to his PG resume. "Tim, more than anyone, knows Phoenix Gold's and AudioSource's product lines and what it takes to market them," explained Tom O'Mara, Phoenix Gold president. "With the new and exciting direction our ownership and management team is taking Phoenix Gold, we are confident that Tim's experience and product knowledge will spearhead and lead our marketing efforts."

On July 25th, PHX AP Acquisitions announced that it and Phoenix Gold Vice President Tom O'Mara had acquired Phoenix Gold International, Portland, Oregon -based parent company of renowned consumer and professional audio brands Phoenix Gold, AudioSource, and Carver. The new executive team also announced that it had appointed Jonathan Cooley as CEO and O'Mara as president.

For more information on Phoenix Gold, AudioSource, and Carver, please call 1.800.950.1449 or visit phoenixgold.com. Phoenix Gold is located at 9300 North Decatur Street, Portland, Oregon, USA 97203.

PHX AP Acquisitions LLC. is the Portland, Oregon -based parent company of recently acquired Phoenix Gold International (www.phoenixgold.com), now dba Phoenix Gold. Phoenix Gold, innovators of audio/video product solutions for the home and car, markets its products under the brand names Phoenix Gold®, Carver®, Carver® Digital, and AudioSource®.

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