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Emerson Radio Corp. Appoints New Independent Director...

Submitted by admin on Thu, 2008-08-14 20:22.

PARSIPPANY, NJ, Aug 14, 2008 (MARKET WIRE via COMTEX) -- MSN PowerRating) today announced the appointment ofTerence A. Snellings to its Board of Directors, effectiveimmediately. Mr. Snellings was also appointed to the Company's AuditCommittee. With Mr. Snellings' appointment, Emerson Radio currentlyhas eight directors on its Board, including two independent directorson its Audit Committee as required by Section 803(B)(2)(c) of theAMEX Company Guide.

"Terry Snellings will be a valuable addition to Emerson's Board ofDirectors. His experience in the financial sector and knowledge ofinternational trade and banking will be a significant resource to theCompany as we continue to move forward on our growth initiatives,"said Adrian Ma, President and Chief Executive Officer of EmersonRadio. "We look forward to his contributions and welcome him to theBoard and Audit Committee."

Since June 2006, Mr. Snellings has served as Director of Finance andAdministration of Refuge Resettlement and Immigration Services ofAtlanta, Inc., a non-profit agency that provides an entry into theAmerican culture for refugees. From 1986 until April 2006, Mr.Snellings served as Managing Director of Wachovia Services, Ltd.,where he managed investment banking origination activities of theAsia-Pacific Group within Wachovia Securities Corporate andInvestment Banking Division.

As a result of Mr. Snellings' appointment, the Company's AuditCommittee now consists of two independent directors as required bySection 803(B)(2)(c) of the AMEX Company Guide. As a result, theCompany believes it is now in compliance with the audit committeerequirements set forth in Section 803(B)(2)(c) of the AMEX CompanyGuide. The Company has informed AMEX of the new appointment.

Emerson Radio Corporation (AMEX: MSN), founded in 1948, isheadquartered in Parsippany, N.J. The Company designs, markets andlicenses, worldwide, a variety of consumer electronics and homeappliances including microwaves and wine coolers, clock radios, fulllines of televisions and other video products, and audio and hometheater products. For more information, please visit Emerson Radio'sWeb site at www.emersonradio.com.

This release contains "forward-looking statements" made pursuant tothe safe harbor provisions of the Private Securities Litigation ReformAct of 1995, including statements relating to the Company's abilityto regain compliance with the AMEX Company Guide. Forward-lookingstatements reflect management's current knowledge, assumptions,judgment and expectations regarding future performance or events. Although management believes that the expectations reflected in suchstatements are reasonable, they give no assurance that suchexpectations will prove to be correct and you should be aware thatactual results could differ materially from those contained in theforward-looking statements. Forward-looking statements are subjectto a number of risks and uncertainties, including the risk factorsdetailed in the Company's reports as filed with the Securities andExchange Commission. The Company assumes no obligation to update theinformation contained in this news release.

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