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Fred Faulkner Named Chief Executive Officer of Lifestyle Electronics Company Vestalife




Lifestyle Electronics Brand Hires Experienced Executive to Grow Vestalife Business

Southern California, April 6, 2009—Award Winning lifestyle electronics company Vestalife has named Fred Faulkner to serve as its Chief Executive Officer. Faulkner assumes the responsibility of helping Vestalife grow its relationships with key retailers and to establish and maintain its global business. Wayne Ludlum will continue in his role of Founder and President and focus on developing exceptional products and maintaining the vision for Vestalife.

“Fred brings a level of experience and expertise that is equally strong and unique, and we are delighted to have him join our team.” Ludlum says. “As a leader and strategist, his track record in building a foundation in consumer electronics is quite remarkable, and I am looking forward to significantly growing the Vestalife business under Fred’s leadership.”

“This is a unique growth opportunity. In these economic times, many are focused on keeping the status quo and may not devote the energy necessary to seek growth opportunities. We have a real opportunity to grow and look forward with Vestalife. We will continue to seek out those like-minded retailers globally and partner with them in providing solutions of real value for consumers.” Faulkner said. “Wayne has assembled a fantastic canvas on which to work, and I am honored to have been entrusted with this position at such a tight knit company.”

Faulkner joins Vestalife after over 17 years at Harman Consumer Group (NYSE: HAR) working with JBL, Infinity and Harman Kardon brands, building iPod-docking and PC speakers, branded OEM laptop audio and PC audio systems. During that time, Faulkner served as the innovative decision maker for the Multimedia division, cultivating and motivating highly effective management teams. Faulkner also formulated many important distribution and marketing global strategies which facilitated record performances in revenue, profit and market share. In addition, Faulkner established and maintains relationships with retailers and distributors, worldwide.

Vestalife designs, develops and manufactures award winning high performance lifestyle consumer electronics. At Vestalife, inspiring character is what we stand for. Our products have real personality. They are colorful, charismatic, full of emotion and encourage you to be yourself. Express yourself. Give your music the style it deserves! Based out of Studio City, CA, Vestalife is proud to be a “Made for iPod” and “Works with iPhone” licensee, committed to enhancing lifestyles through distinctive and exceptional design. Vestalife is a proud partner with Future Sounds and the Magic Water Project.


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 Fred Faulkner

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