Press Room

For Immediate Release

Panamax Appoints Jimmy Paschke to Eastern Regional Sales Manager Position

PETALUMA, Calif. — May 6, 2008

Panamax, a world-leading provider of AC power management solutions, today announced the appointment of Jimmy Paschke to the position of eastern regional sales manager. In his new role, Paschke will be responsible for developing and implementing strategic sales plans for Panamax's power management solutions in the consumer electronics industry, while directing channel development activity and coordinating sales distribution of territories, quotas, and goals. His territory encompasses the eastern seaboard, from Maine to Florida, including the Southeast, Mid-Atlantic, and New York Metro markets, in addition to Ohio, West Virginia, Western Pennsylvania, Indiana, and Kentucky.

With fifteen years of experience in the consumer electronics industry, Paschke comes to Panamax from D∓M Holdings, a provider of worldwide management and distribution platforms for premium audio and video products. Serving as the company's sales manager, he oversaw a sales force of 63 representatives within 16 independent firms to grow existing business, while expanding the Eastern U.S. dealer base by over 200 new dealers.

Previously, as the southeast region's account manager for Kaleidescape, provider of multiroom media management systems, Paschke expanded the dealer base by 126 percent while growing the business at a rate of 134 percent within his first 90 days. He has also served as national home products sales trainer for Sony Electronics, focused on growing Sony's CI channel of business.

Paschke holds a bachelor of science degree in communication and political science from Florida State University in Tallahassee, Florida.

"We are excited to have Jimmy join the Panamax team as our new eastern regional sales manager," said Dave Keller, senior vice president of sales and marketing for Panamax and Furman. "With his wealth of experience in the consumer electronics industry and impressive record of increasing sales and dealer bases, we are confident that Jimmy will be instrumental in continuing to meet and exceed our goals."

Paschke will be based in North Carolina and report to National Sales Manager Kristin Ruff. Kyle Rice, who was covering the East Coast from California, will become the western regional sales manager. Paul Lemay, who was covering the West Coast, will cover the Central states and Canada as central regional sales manager.

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Panamax ~ Furman
Panamax and Furman Sound have been international leaders in award-winning, innovative power management products for more than 30 years. Their products give audio/video systems the pure, noise-free power they need for superlative performance while protecting them from damage caused by power surges and lightning. Together as part of Panamax, Inc., these two brands address all major electronic markets, including home theater, professional audio and music, broadcasting, audio/video recording, OEM and office equipment. The company is based in Petaluma, Calif., and sells through an international dealer network and through select retail outlets. More information is available at www.furmansound.com and www.panamax.com. All trademarks appearing herein are the property of their respective owners.

www.panamax.com