Good Guys to Offer Eclipse Mobile Entertainment Electronics

Business Wire, Jan 9, 2003

Business Editors/High-Tech Writers

2003 International CES

SAN FRANCISCO & LAS VEGAS--(BUSINESS WIRE)--Jan. 9, 2003

Good Guys (NASDAQ:GGUY), the largest specialty retailer of higher-end consumer entertainment electronics in the nation, today announced plans to offer Eclipse's premium mobile audio and multimedia entertainment electronics. The products are expected to be available at all Good Guys locations by early March.

"Eclipse is pleased to welcome Good Guys to our network of specialty retailers, who have been carefully selected to ensure that every piece of Eclipse equipment is installed perfectly and keeps on performing at its very best," said Ray Windsor, vice president of sales and marketing, Eclipse. "Good Guys' commitment to explaining, demonstrating and recommending premium mobile solutions and to completing high-quality installations makes them an ideal destination for mobile enthusiasts and we look forward to working with Good Guys to heighten our exposure to their established customer base."

Good Guys will offer a broad range of Eclipse's high-end mobile audio and multimedia technologies, including CD receivers, DVD/video systems, speakers, power amplifiers, GPS navigation systems and related accessories. All Eclipse products are protected against theft by their proprietary ESN security network and ESN ON GUARD as well as a three-year limited warranty when purchased from and installed by an Authorized Eclipse Retailer.

"Eclipse is a leader in mobile entertainment and Good Guys is excited to add their innovative products to our line-up," said Cathy A. Stauffer, executive vice president, Good Guys. "Good Guys is committed to presenting our customers with the most compelling selection of mobile entertainment electronics backed by trained product specialists and a professional installation team."

Over the past 18 months, Good Guys has significantly enhanced its selection of mobile electronics by adding new manufacturers like Eclipse, Infinity and JL Audio and refining its selection of premium products from manufacturers including Alpine, Boston Acoustics, Kenwood, MTX, Pioneer and Sony.

Eclipse by Fujitsu Ten, based in Torrance, CA, manufactures high quality, high performance mobile electronics including in-dash multimedia, CD and cassette receivers, amplifiers, speakers, voice recognition and navigation products. These products are distributed through a select group of value added installing retailers who understand and deliver consumer service.

With fiscal 2002 sales exceeding $800 million, Good Guys is the largest specialty retailer of higher-end consumer entertainment electronics in the nation. Good Guys offers a distinctive selection of fully featured digital and high-tech products, including name brand products and higher-end brands and models not widely available at the large, national chains. Founded in 1973, Good Guys operates 72 stores in California, Nevada, Oregon, and Washington. For more information, visit www.goodguys.com.

To the extent this news release contains forward-looking statements, such statements are subject to risks and uncertainties, including, but not limited to, the successful implementation of the Company's current restructuring and store closing program, increases in promotional activities of competitors, changes in consumer buying attitudes, the presence or absence of new products or product features in the Company's merchandise categories, changes in vendor support for advertising and promotional programs, changes in the Company's merchandise sales mix, the success of the Company's modified advertising strategy, the outcome of the Company's lease renegotiation efforts, and economic conditions.