Hello All. I woke up to find this in my email this morning. I have used the Sooloos, and think this is great news for Meridian.

Meridian Audio Acquires Sooloos

New York City, USA and Cambridge, England - December 4, 2008

Meridian Audio Ltd - British manufacturer of the finest digital audio and video systems has announced its acquisition of US company Sooloos LLC, the innovative media-server manufacturer. The closing which took place today was for an undisclosed amount.

According to Meridian CEO Tim Ireland, Meridian supplies the very finest audio and video installations. As the market evolves toward download and streaming content and more sophisticated forms of control, we have been seeking the right partner to widen our scope and enable us to further excite our customers. Combining Meridian and Sooloos takes both over many hurdles; the two companies share striking similarities in culture, product philosophy, pursuit of excellence and market approach.

The admiration is entirely mutual. Peter Wellikoff, Sooloos COO and a three-decade veteran of high-end consumer electronics says, We`ve successfully established Sooloos as the most technically advanced and sophisticated innovator in this still very young media-server and systems sphere. Now, under the Meridian corporate umbrella, we gain advantages in global market access, as well as a network of engineering and technology resources that are unequalled anywhere.

Meridian`s culture of innovation and shaping new technologies dates to its inception in the early 1980s, when founders Bob Stuart and Allen Boothroyd launched the world`s first audiophile CD player, effectively creating, and then proving, the concept of high-end digital audio. Meridian has since led the way in audio with its unequalled compact disc and digital-
loudspeaker designs, audio processing, reference projection systems and high-resolution multichannel audio. Numerous other world firsts include the first audiophile and videophile iPod� docking solution, and integrated tabletop CD/DVD, AM/FM/DAB home entertainment sound systems of unprecedented performance.

Bob Stuart, Meridian`s Chairman and CTO is very enthusiastic about the Sooloos acquisition. Our two companies have been following one another`s success for some time, says Stuart. We share very similar philosophies and passions for music and total design excellence. There`s also a powerful synergy between the skills and experience of our respective teams, which will enable us to build together outstanding and efinitive high-end digital entertainment systems.

Sooloos was founded to give people an experience, to put the fun back into listening to music, says Enno Vandermeer, Sooloos founder and CEO. By joining the Meridian and
Sooloos teams, that experience grows exponentially. Now the most fun, interactive and social way to access your music, photos, and video is also the best-sounding and most visually
stunning digital media system on the market.

In the immediate future, Sooloos and Meridian operations will proceed with only modest changes. Sooloos will retain offices in New York City. The R&D teams are already working closely together. Sooloos founders Enno Vandermeer and Danny Dulai plus key executives including Peter Wellikoff and Sandro Pugliese are excited to remain with the company. Our goal is one excellent enterprise.

The Sooloos products, fully retaining the Sooloos brand and identity, will be distributed in the US by Meridian America Inc. in Atlanta. The UK market will be coordinated through Meridian Audio in England. The international sales teams will work together to continue the development of an unrivalled network of distributors serving specialist resellers and custom integrators around the world.

Looking ahead together the company plans new products, bringing the world entirely new levels of sonic experience, ergonomic elegance and system interoperability.

Sooloos and Meridian will be exhibiting together at CES 2009 in the Venetian (Suite 31-105)


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