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Rodin Promotes Tom OMara to CEO

OMara will retain his duties as president, and will now incorporate CEO duties.

Portland, OR — Rodin, parent company of the Phoenix Gold, AudioSource, and Carver brands in the mobile audio and home audio/video markets, has promoted Tom OMara to chief executive officer, effective immediately. OMara, Rodin president, will continue in that role along with his new duties as CEO.

OMara succeeds Jonathan Cooley who will continue serving as Rodins vice chairman and chief financial officer.

Since last August [2007] when Rodin became the companys new official name, thats not all that has changed, OMara explained. We have taken the company in new and exciting directions, and we are now completely focused on our home brands efforts in the custom installation business, as well as bringing the Phoenix Gold car audio division back to prosperity. Our new management team has brought Phoenix Gold, AudioSource, and Carver back to the acclaimed industry recognition and respectability each of these brands was originally built on.

The appointment was a result of the original succession planning process when Phoenix Gold International was acquired by PHX AP Acquisitions in 2006 [PHX AP Acquisitions was the current management teams original name before being renamed Rodin last year]. OMara will retain his duties as president, and will now incorporate CEO duties, including broader responsibilities that focus on setting overall strategy and vision, building the companys culture, leading the senior management team, and allocating capital.

Since taking on the role of president, Tom has been a driving force within our company and has played a huge part in the companys economic revival, Cooley said. His leadership has been instrumental in building strong branding
strategies, competitive product lines, streamlining operations, and securing strategic partnerships to insure Rodin is positioned for growth in key categories.

In comparison to Q1 2007 revenues, OMara has positioned Rodin on a strong growth plan with Q1 2008 revenues topping last years Q1 sales by 22 percent. In his role as president, OMara has been responsible for Rodins product development, sales, marketing, and operations.

OMara originally joined Phoenix Gold International in 2004. Prior to that, OMara held several positions in the industry, including managing director at Rockford Corp., VP – sales and marketing at SimpleDevices, and president of UniView technologies. OMara began his career at Pioneer Electronics in 1982 in the sales and marketing area and holds an accounting degree from LaSalle University