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NEW AGE ELECTRONICS STRENGTHENS MANAGEMENT TEAM WITH IT AND CUSTOMER SERVICE VETERANS

Sam Changizi, Director of Information Technology, and Rick Whitmore, Director of Customer Operations, Provide Foundation for Aggressive Push into Digital Entertainment

Los Angeles, CA—January 4, 2005—New Age Electronics, Inc. (New Age), a leader in sales, logistics, remanufacturing and supply chain solutions for the consumer technology industry, today announced the appointments of Rick Whitmore as director of customer operations and Sam Changizi as director of information technology.

“New Age enjoyed revenue growth of over 50 percent in 2004 and, by capitalizing on opportunities in digital entertainment, we will register even stronger performance in 2005,” said Adam Carroll, president of New Age. “Sam and Rick will help us to ensure that our operations and infrastructure are robust and flexible enough to support that growth. These world-class additions to our management team will enhance our reputation as the fastest, leanest and most responsive distribution and logistics company in the business.”

Sam Changizi, Director of Information Technology - Changizi joins New Age to further drive the company’s success in supply chain logistics by developing and executing an e-commerce strategy that satisfies growing demand for online supply chain services. In his role he will lead New Age’s IT team in the design and delivery of new e-commerce capabilities, IT infrastructure and common systems. Changizi’s formidable background in business information systems and IT strategy gives New Age the expertise needed to launch a fully integrated e-commerce platform for its manufacturing, distribution and retail partners. Previously, Changizi served as vice president of @Comm and Director of IT at IFE.

Rick Whitmore, Director of Customer Operations - At New Age, Whitmore will leverage his in-depth knowledge of process discipline and the implementation of automation systems to expand customer operations, explore sales support and customer growth opportunities, and capitalize on the potential of the company’s new e-commerce platform. Whitmore, a consumer electronics veteran with a track record of innovation and success, worked at Panasonic for 17 years, most recently as group manager for operations and administration.

With more than 15 years of consumer technology distribution experience, New Age Electronics has built a reputation for success by offering a partner-oriented marketing strategy that provides growth for manufacturers, distributors and retail partners alike. As New Age expands its presence in North America, it is fast becoming the company retailers’ depend on for a broad selection of offerings from the industry’s top manufacturers.

About New Age Electronics, Inc.
New Age Electronics is a sales outsourcing powerhouse that provides consumer technology (CT) manufacturers with a broad offering of logistics, distribution and remanufacturing services. Extensive experience in the CT industry and a customer-centric approach has made New Age the provider of choice for manufacturers such as HP, Panasonic, Sharp, and retailers such as Wal-Mart, Costco, and Office Depot. New Age distinguishes itself with extremely efficient operations and relentless focus on customer satisfaction. Founded in 1988, New Age is headquartered in Carson, CA. For more information on New Age, call 310.549.0000, toll-free (800) 234-0300 or visit the company’s website at http://www.newageinc.com.