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NEW AGE ELECTRONICS CEO RECOGNIZED BY TECHNOLOGY COUNCIL OF SOUTHERN CALIFORNIA AS “CEO OF THE YEAR” AWARD FINALIST

Los Angeles, CA—April 2, 2007—New Age Electronics, Inc. (New Age), a leader in sales, logistics, remanufacturing and supply chain solutions for the consumer technology industry, announced that Lee Perlman, Chairman and CEO, has been recognized as a finalist in the Technology Council of Southern California’s 2007 “CEO of the Year” Industry Awards.

The annual awards ceremony, which took place March 7, 2007 at the Millenium Biltmore Hotel, honors industry leaders and companies from around the region that support and enhance the growth of the technology sector in Southern California. Fellow finalists included Brett Caine, President of Citrix Online and award winner George Klaus, Chairman and CEO of Epicor.

“Its an honor to be recognized alongside such a well-respected group of industry trailblazers,” said Perlman. “The Technology Council has done an incredible job of offering support and resources for companies from the well-established to those in start-up mode, and helps to foster much of the success our area has seen.”

About the Technology Council of Southern California

The Technology Council of Southern California is the premier forum for the region's technology leaders, providing events, connections, information and resources to help technology companies succeed. From recognizing excellence in innovation through its annual awards event to providing access to funding through VentureNet, the Technology Council supports companies throughout their entire corporate lifecycles. Founded in 1991 as the Software Council of Southern California, the Technology Council has a 15-year history of supporting technology companies across the region. For more information, visit www.tcosc.org.

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.