As many of you know, we previewed our new Halo C 3 and NewClassic HDP70 surround processors and HDR77 NewClassic receiver at the CEDIA show in September. Our introduction dates were targeted for early 2009.

We have elected to defer Parasound's new 7.1 models until the re are improvements in the economic climate and consumer confidence. We hope this occurs by the summer of 2009.

We made this decision after consulting with quite a few of our factory representatives, dealers, export distributors and, of course, our customers; everyone's support for this decision has been unanimous. While we are disappointed that the present economic climate is not favorable for the introduction of these new models, we believe that there is a place for them in our product mix - and in your homes.

Further schedules updates for these wonderful new 7.1 models will be posted on our website in the spring as we approach the revised release dates.

In the meantime, we thank you for your understanding and patience.
As always, we are working diligently to produce award-winning products which combine superb performance, dependability and affordability.

Richard Schram
President
Parasound Products, Inc.