D&M Holdings Inc. Continues Push into Latin American Market With Appointment of Latin American Representative

Business Wire, June 4, 2007

-- Global Sales Management, Inc. Will Represent D&M's McIntosh, Boston Acoustics and Snell Brands in Latin America --

MAHWAH, N.J. -- D&M Holdings Inc. (TSE I: 6735), today announced the next step in its recently launched expansion initiative into the Latin American market. Stephen Baker, the company's newly appointed Senior Vice President of Sales and Marketing for Latin America, announced that Global Sales Management, Inc. (GSM), headed by Ralph Quintero, has been appointed D&M's representative agency for the Marantz, McIntosh, Boston Acoustics, and Snell brands in Latin America, effective immediately. Global Sales Management has offices throughout Latin America and already represents D&M sister companies D&M Pro and Escient in the Latin American territory.

Noted Mr. Baker: "The opportunities for D&M to grow our market share in the Latin American market are significant and tangible, and we're pleased to appoint such an experienced and well-respected firm as Global Sales Management to represent our brands. I look forward to working closely with Ralph as we continue to promote the D&M brands and build sales for our products in this territory."

Audio Americas Ltda. will continue to represent Denon consumer audio products in Latin America, as it has for the past four years under the leadership of Mr. Matthew Garfein.

About D&M Holdings Inc.

D&M Holdings Inc. (TSE I: 6735) is based in Kawasaki, Japan with North American headquarters in Mahwah, NJ and owns the Denon([R]), Marantz([R]), McIntosh([R]) Laboratory, Boston Acoustics([R]), Snell Acoustics, D&M Professional, D&M Premium Sound Solutions, Denon DJ, ReplayTV([R]) and Escient([R]) brands. Denon, Marantz, McIntosh and D&M Professional are global industry leaders in the specialist home theater, audio/video consumer electronics or professional audio markets, with a strong and long-standing heritage of manufacturing and marketing high-performance audio and video components. Boston Acoustics, with its signature The Boston Sound, is a leader in premium loudspeakers for home and automotive audio markets. Snell is a super premium speaker brand. The ReplayTV and Escient brands represent award-winning technologies in digital home entertainment. D&M Premium Sound Solutions manufactures high-quality, Hi-Fi audio products for the B2B automotive and consumer electronics markets. Additional information is available at www.dm-holdings.com.

About Global Sales Management, Inc.

Headquartered in Fayettville, GA, Global Sales Management, Inc. is dedicated to helping consumer electronics and professional audio/video companies achieve breakthrough results in sales and brand development in Latin America. The company has offices in Rio de Janeiro, Buenos Aires, Miami, and is expected to open a branch in Mexico City.

About Audio Americas Ltda.

Headquartered in Santiago, Chile, Audio Americas Ltda. is a consumer electronics sales agency specializing in Latin America and the Caribbean. The company's goal is to help manufacturers achieve maximum market share by connecting the right products with the right customers. The company's bilingual staff and support structure facilitate a more efficient supply chain, which results in increased inventory turns and profitability. Audio Americas adds value to products through bilingual marketing communications, training programs and technical support.

Denon and Marantz are registered trademarks of D&M Holdings Inc.; McIntosh is a registered trademark of McIntosh Laboratory, Inc.; Boston Acoustics is a registered trademark of Boston Acoustics, Inc. and ReplayTV and Escient are registered trademarks of Digital Networks North America, Inc.

Statements in this news release regarding D&M Holdings Inc. that are not statements of historical fact may include forward looking statements regarding future events or the future financial performance of the company. We wish to caution you that such statements are just predictions and that actual events or results may differ materially. Forward looking statements involve a number of risks and uncertainties surrounding the integration of the company's acquisitions, competitive and industry conditions, targeted cost savings programs, market acceptance for the company's products, technological changes, developing industry standards and other factors related to the company's businesses