Clarion Announces Re-Organization

Clarion Corporation of America (CCA), an industry leader in the fast-moving field of in-car entertainment has announced the merger of Clarion Sales Corporation into Clarion Corporation of America, its parent organization, effective August 1, 2001. Clarion Sales Corporation has been the separate corporation responsible for the sales and marketing of its aftermarket products. Matt Matsuda, President of Clarion Corporation of America announced this consolidation as part of Clarion's plan to provide better service to all of its customers and take greater advantage of Clarion's diversified infrastructure. Mr. Frank Pierce will assume the responsibilities of Vice President of Sales effective July 24, 2001.

Clarion Corporation of America, has its headquarters in Gardena, California. Clarion Corporation of America is the largest subsidiary of Tokyo based Clarion Company Ltd. ranked among the top 100 Global OEM Suppliers by Automotive News. Clarion has been an international leader in car audio and electronics since 1940. The company conducts research, development, engineering, design, manufacturing, sales and marketing of entertainment, communications, security, and navigation products for the automotive environment, including the newly emerging category of in-vehicle computing. Clarion has more than 14,000 employees worldwide and 24 factories in 10 countries, with marketing and sales affiliates in Europe, North and South America, Asia and Australia. Clarion is located on the Web at www.clarion.com