Parasound Names Precor as its Canadian Distributor

SAN FRANCISCO (12/30/05) -- Parasound, a privately held US manufacturer of premium audio-video and architectural audio components, has named Precor Consumer Electronics, of Concord, Ontario as its exclusive Canadian distributor. In making the announcement here today, Parasound's International Sales Manager, Martin Harding praised Precor's excellent track record and complementary lines as factors in Parasound's decision.

"Precor is clearly the right company for Parasound in Canada," said Harding. "They are smart, aggressive, provide excellent coverage of regional markets, and have a good mix of lines to complement Parasound."

"We are very excited to have been selected by Parasound," said Bob Priestman, President of Precor. "The brand has a great mix of products, strong reputation, fantastic build quality, and a price structure that will be very competitive for Canadian retailers and systems integrators."

Founded in 1981, Parasound Products, Inc., is a privately owned U.S. company that specializes in providing affordable audio and home theater components to the critical listener. Parasound's products are available from quality audio/video retailers, and select custom installation specialists.

For more information on Precor and Parasound in Canada, please visit www.precor.ca or call 1-800-268-1172.

For more information on Parasound, visit www.parasound.com or call 415-397-7100.

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