Harman International's Consumer Group Acquires PhatNoise

"PhatNoise is a remarkably talented organization focused ondeveloping innovative solutions for acquiring, organizing, andenjoying digital media in the car. In its six-year history, thecompany has defined the leading edge of digital media systems in theautomotive market and counts Kenwood, General Motors, Volvo, Mazda,Volkswagen and Audi among its customers," commented Gina Harman,President of the Harman Consumer Group. "The addition of the PhatNoiseteam to our engineering group will greatly accelerate the delivery ofinnovative products for the automotive environment."

"Given Harman's enviable position as a proven leader in allaspects of automotive entertainment, this transaction is an excellentstrategic fit for us and for our customers," said Sharon Graves,PhatNoise CEO. "Ultimately, digital media in the car has to be aboutcreating a great consumer experience. That has always been PhatNoise'smission, and it is exciting to be joining a company that not onlyshares that goal, but also has such extensive market depth, experienceand resources."

Terms of the transaction were not disclosed.

About Harman Consumer Group

The Harman Consumer Group (HCG) is a leading designer,manufacturer and marketer of a wide range of high-fidelityloudspeakers, audio and video components, and multimedia systems foruse in homes and automobiles, and with computers. The group's brandsinclude JBL, Infinity, Harman Kardon, Mark Levinson, Revel,Audioaccess and Lexicon.

Harman International Industries, Incorporated (www.harman.com), isa leading manufacturer of high-quality, high fidelity audio productsand electronic systems for the automotive, consumer and professionalmarkets. The company's stock is traded on the New York Stock Exchangeunder the symbol "HAR."

About PhatNoise, Inc.

PhatNoise, Inc. (www.phatnoise.com) is a leading-edge developer ofnext-generation hardware and software technologies for digital mediaenjoyment in the automobile. The company's technology takes consumersbeyond current concepts in digital music and media by introducing easyand efficient ways to locate, manage, play and interact with digitalcontent across multiple devices and environments. PhatNoise licensesits technology platforms to strategic partners to develop nextgeneration multimedia products.