INDIANAPOLIS (January 17, 2008) — Mark Casavant, former vice president of business development for Klipsch Group, Inc., has been promoted to two new positions: vice president of product development for Klipsch® and Jamo® brand architectural loudspeakers and vice president of product development for Mirage® and Energy® brands.

According to Klipsch Group president and chief operating officer Paul Jacobs, “Mark brings years of valuable experience to these positions. His background in product development management and in developing new markets will be of great value to our brands.”

Since joining Klipsch in 1991, Mark has held several other high-profile positions at the company, including: director of market development, e-commerce and computer audio; national training director; and southeastern sales representative. He also managed the product development of the award-winning Klipsch Synergy Series® and ProMedia® lines.

Prior to his arrival at Klipsch, Mark gained years of industry experience managing a custom audio/video installation firm in Florida. He earned his B.A. in business administration from Flagler College, a private school in St. Augustine, Fla.