Mackie Inks Licensing Deal with Peak Audio

Mackie

Posted 2002-04-02

Mackie Designs Inc. (Nasdaq, MKIE), today announced a licensing agreement with Peak Audio, a division of Cirrus Logic Inc. (Nasdaq, CRUS), that would permit the incorporation of Peak Audio's CobraNet(tm) technology into current and future Mackie, EAW and RCF products sold worldwide. CobraNet is is a real-time digital audio distribution technology that makes possible the transportation of audio and control data over 100MBit Ethernet networks.

"Incorporating CobraNet technology is a natural evolution of our product line," stated Lori Stutsman, Executive Vice President of Marketing at Mackie Designs Inc. "We have always been focused on providing 'solutions-oriented' technology that is innovative, reliable and easy to use. With CobraNet, our customers will be able to easily design and assemble sophisticated systems with Mackie's unique and intuitive user interface."

Stutsman continued, "Our aim is to continue offering the leading-edge solutions that have made our EAW, Mackie and RCF brands recognized front-runners throughout the professional Recording, Sound Reinforcement and Installation markets. Our close partnership with Cirrus Logic and Peak Audio is central to this philosophy. By working with the best, we will deliver the best for our customers."

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