Good Guys Adds Award-Winning JL Audio Line to Mobile Electronics Line-up

Business Wire, March 12, 2001

Business Editors

SAN FRANCISCO--(BUSINESS WIRE)--March 12, 2001

Good Guys (Nasdaq:GGUY), one of the nation's largest specialty retailers of consumer entertainment electronics, today announced the addition of JL Audio's state-of-the-art component speakers, subwoofer drivers, enclosed subwoofers and Stealthbox(TM) systems to its growing selection of high-performance mobile electronics. Good Guys will round out its selection of JL Audio products with the addition of amplifiers in early summer.

"Good Guys' strong mix of high-end consumer electronics products, and their proven reputation for employing well-trained, knowledgeable and friendly sales and installation staffs, mesh very well with our philosophies of product presentation and consumer support," said Andy Oxenhorn, President, JL Audio. "JL Audio products are designed for discerning car audio customers who want to achieve the highest quality of sound and performance available. This new business partnership with Good Guys allows us to expand our reach to those customers on the West Coast."

Customers in all 79 Good Guys locations will be able to purchase speakers, amplifiers and complete sound systems with the assistance of trained product specialists. More than 500 Good Guys product specialists and installers will complete in-depth training from JL Audio's expert Area Technical Directors over the next 30 days.

"JL Audio is one of the most respected names in mobile electronics and we look forward to exposing our customers to the benefits of owning their award-winning products," said Cathy A. Stauffer, vice president of merchandising, Good Guys. "Mobile electronics remains a key area of emphasis for Good Guys, and the addition of JL Audio to our product offerings is further proof of our commitment to expanding our selection of higher-end brands and models and growing this area of our business."

Headquartered in Miramar, Fla., JL Audio has been manufacturing award-winning, high-quality mobile electronics technology since the late 1980s. Worldwide acclaim by retailers and the media have garnered the company numerous accolades that have positioned JL Audio as an international leader in automotive audio technology.

Good Guys is a leading specialty retailer of consumer entertainment electronics, offering a distinctive selection of fully featured digital and high-tech products from more than 100 of the world's most respected manufacturers. Founded in 1973, Good Guys currently operates 79 stores in California, Nevada, Oregon and Washington. For more information, visit www.goodguys.com.