Code-Alarm Names New Chairman, CEO to Lead Growth Initiatives

         Former Detroit Renaissance Executive Douglas Graham Elected
                        Chairman of Code-Alarm's Board

    MADISON HEIGHTS, Mich., March 29 Code-Alarm, Inc. today
announced a number of board- and executive-level changes aimed at accelerating
the Company's growth as a world-class automotive and technology supplier.
    The Madison Heights, Mich.-based manufacturer of automotive electronics
said its board of directors has elected Douglas H. Graham, former economic
development director for Detroit Renaissance, Inc. as chairman of the board.
The Code-Alarm board also named President and Chief Operating Officer Peter
Stouffer to the additional post of chief executive officer and appointed
founder Rand W. Mueller to the newly created post of vice chairman.  Mueller
will focus on building Code-Alarm's new telematics affiliate, Code
Technologies.
    "I am pleased to step into the chairman's role at Code-Alarm, and I wish
Rand great success in his new role at Code Technologies," Graham said.  "These
new accountabilities provide an opportunity for Pete and Code-Alarm to do what
they do best with the launch of PowerCode and other technologies in the
traditional vehicle security and convenience business, while simultaneously
allowing Rand to lead the charge into the high-growth market of telematics."
    Graham and Stouffer will continue to refine the strategic vision of Code-
Alarm and implement the initiatives needed to allow the Company to grow into a
diversified automotive technology provider.
    Graham, 41, will focus on expanding the Company's technology offerings
beyond its core security, remote start and keyless entry business through
strategic alliances, including potential joint ventures, marketing
partnerships, mergers and acquisitions.  Graham is the chairman and chief
executive officer of Bloomfield Hills, Mich.-based Detroit Technology
Ventures, LLC (DTV), a venture capital fund focused on new and emerging
technology businesses as well as undervalued industrial technology
manufacturers.  During his tenure at Detroit Renaissance, Inc., Graham secured
$1.3 billion in private-sector funds, established a community development
bank, and led marketing and business development efforts for the Detroit
Invest Fund.
    Stouffer, 38, has served in a variety of board and executive management
positions during his 14-year career at Code-Alarm.  In November 1999, he was
named president and chief operating officer, with responsibility for day-to-
day operations and product development.  Stouffer spearheaded the development
and launch of Code-Alarm's new, industry-leading PowerCode Technology(TM).
This flexible and expandable technology controls today's most popular vehicle
comfort, convenience and security options -- keyless entry, remote car start
and anti-theft -- as well as many new features to be introduced over the next
12 months and beyond.
    Mueller, 50, who founded Code-Alarm in 1980 and served as its chairman and
chief executive officer over the past 15 years, will focus his energies on the
Company's entry into the burgeoning $4 billion automotive telematics market.
In December 2000, Code-Alarm announced the formation of Code Technologies and
its alliance with Fremont, Calif.-based @Road to deliver a web-based
telematics solution for use by motorists in their vehicles.
    "These changes reflect the evolution of Code-Alarm as a leader in vehicle
electronics," Stouffer said.  "Since joining our board last spring, Doug has
helped us expand our thinking relative to growth opportunities outside of our
core business.  Moving forward, he will play a key role in helping leverage
Code-Alarm's brand equity, relationships and intellectual property in the
automotive and related industries."

    About Code-Alarm
    Code-Alarm manufactures remote vehicle control systems for the world's top
automakers, including General Motors, Ford, DaimlerChrysler, Mitsubishi,
Subaru, Honda, Toyota, Kia, Mazda and Volkswagen.  The Company also sells its
products in 2,000 locations in 35 countries around the globe under the Code-
Alarm(TM) and Chapman(TM) brand names.  Code-Alarm builds its products to
automotive specifications and is certified under the QS-9000 quality system
designated by the Big Three.  Drawing on more than 15 years experience working
with the world's top automakers, Code-Alarm's systems are designed
specifically to work with the sophisticated electrical systems found in
today's cars, trucks, minivans and sport utility vehicles.  Code-Alarm employs
more than 30 engineers and technical specialists who work closely with
automotive engineers on three core products categories: vehicle security and
content protection, remote keyless-entry and remote car starters.  Visit Code-
Alarm on the web at http://www.code-alarm.com .