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NEW AGE ELECTRONICS NAMES NEW MERCHANDISING DIRECTOR

Paul Crevelli Brings Wealth of Retail Expertise to the Company’s Growing Roster

Los Angeles, CA—March 8, 2007—New Age Electronics, Inc. (New Age), a leader in sales, logistics, remanufacturing and supply chain solutions for the consumer technology industry, today announced the appointment of Paul Crevelli as Director, Merchandising. With more than 30 years experience in consumer electronics, much of it with the Good Guys!, and deep background in the home theater sector, Paul will manage the growth of that line, in addition to overseeing development across all lines.

In his new role, Paul is responsible for collaborative forecasting, market analysis, and trending for customers, vendors and internal sales professionals. He also publishes the manufacturer scorecards for performance. Working closely with external buyers, merchandising ensures timely delivery of goods to meet customer marketing and advertising efforts.

“We’re thrilled to welcome Paul to our team, and are flattered that he was attracted to New Age because of our strong distribution model and commitment to service,” said Adam Carroll, president of New Age. We, in turn, are impressed with his depth of knowledge in the industry, and his broad expertise which ranges from vendor and SKU selection to new store designs and floor plans, as well as advertising and marketing.”

Paul Crevelli, Director of Merchandising –Previously, Paul worked at Conn’s Appliances, COMPUSA and The Good Guys! in director level merchandising positions. He managed purchasing decisions for a wide range of consumer electronics products, contributed to store floor plans, new store design as well as advertising and marketing. As a veteran in his career, Paul has worked with industry leaders including Sharp, Panasonic, Mitsubishi, Toshiba, JVC, HP and Sony.

About New Age Electronics, Inc.

New Age Electronics is a sales and supply chain solutions innovator 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 and Sharp, and national and regional retailers such as Big Lots, Aaron’s Rents and Nebraska Furniture Mart. New Age distinguishes itself with extremely efficient operations and relentless focus on customer satisfaction.  Founded in 1988, New Age is headquartered in Carson, Calif.  For more information on New Age, call (310) 549-0000, toll-free (888) 234-0300 or visit the company’s Web site at http://www.newageinc.com.