Jim Mack (TEAC AMERICA, PreSonus, SaneWave, TASCAM, Alesis) has joined the
Ashly Audio team in Webster, New York as CEO. He will help expand business in
existing markets and forge paths into new markets that leverage Ashly’s deep
history and solid reputation for building affordable, high-quality amplifiers, signal
processors, and user interfaces. Mack will report directly to Marty Szpiro, president
& CEO of Jam Industries, Ashly’s parent company.

“On top of being a great person to work with, Jim has a depth and breadth of
experience that makes him a real asset to Ashly, especially at this moment in
Ashly’s history,’ explained Szpiro. “He has proven people and recruiting skills, and
a tactician’s instinct for the right moves at the right times. Ashly is an essential and
strategic asset in Jam Industries’ portfolio, and we’re thrilled to have Jim on the
Ashly team.’

Mack began his career in the mid-1980s as a sales rep for Sound Marketing, a
position he held for a decade before transitioning to management-level positions in
Alesis (VP of Sales and Marketing), TASCAM (General Manager), SaneWave (VP of
Sales and Business Development), and TEAC AMERICA (Executive Vice President). In
addition, he served as CEO at PreSonus for seven years.

“With the full backing and blessing of Jam Industries, I’m looking forward to
growing Ashly by taking it in new directions and by growing its share in existing
markets,’ said Mack. “Jam is one of the best companies in the industry and has an
excellent record of finding great people and then stepping back to let them do what
they do well. Ashly has a great brand. It’s one of the old, iconic brands that has
held strong for decades. Indeed, Ashly’s stable, passionate, and talented team was
a big draw for me. They’ve done fabulous things with the company, and I’ll add to
their strengths, not change them. I’m especially excited to work with Mark
[Wentling], whom I’ve known for a while.’ Wentling will remain as Ashly’s
president.

Ashly Audio Inc. is recognized as a world leader in the design and manufacturing of
high-quality & high-performance signal processing equipment and power
amplification for use in the commercial sound contracting and professional audio
markets. The 42 year-old company is headquartered in Webster, New York U.S.A.