AuraSound Names Vice President of Finance

2010-10-22 21:11 1214

SANTE FE SPRINGS, Calif., Oct. 22 /PRNewswire-Asia/ -- AuraSound Inc., a publicly listed company (OTC Bulletin Board: ARUZ), has announced that they have named Mr. Alexis Evidente as vice president of finance effective immediately.

Mr. Evidente has broad financial leadership experience across several segments. He has worked for leading firms including Bear Stearns, Citigroup and Merrill Lynch, and has also been actively involved as a strategic consultant for several start-up companies. Most recently he served as director of finance for Malibu Compost, LLC, where he streamlined financial operations and played a vital role in raising capital. He is the co-founder of Clear Research, LLC, a small capitalization equity research firm. Mr. Evidente earned a B.S. in Finance from Rutgers University and a MBA from Loyola Marymount University.

"I am very excited to have an individual of Mr. Evidente's capabilities join AuraSound as our finance executive leader," stated Mr. Harald Weisshaupt, AuraSound CEO and president. "He brings a wealth of experience to our company which will enable us to achieve our goal of quickly becoming profitable and achieving our aggressive long term performance goals. I look forward to his contributions in what I believe will be a bright future for the new AuraSound."  

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Reliance should not be placed on forward-looking statements because they involve both known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the control of AuraSound. Any statements in this press release that are not statements of historical fact are forward-looking statements, including, but not limited to, those relating to the AuraSound's long-term strategic objectives. Actual events, performance or results could differ materially from the anticipated events, performance or results expressed or implied by such forward-looking statements. BEFORE MAKING ANY INVESTMENT DECISIONS REGARDING OUR COMPANY, WE STRONGLY ADVISE YOU TO READ THE SECTION ENTITLED "RISK FACTORS" IN OUR MOST RECENT ANNUAL REPORT ON FORM 10-K, WHICH CAN BE ACCESSED AT WWW.SEC.GOV.  We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

About AuraSound, Inc.  

AuraSound has over 20 years experience specializing in the design and manufacturing of high-end speakers, consistently providing people with an optimal audio experience. AuraSound's broad range of products include high-quality drivers for TV's and laptops, state-of-the art subwoofers and tactile transducers. AuraSound's products are based on patented and proprietary NRT® Drivers, BassShakers, ine Source tweeters and more. With their recent acquisition of ASI Audiotechnologies, they have added an industry leading TV soundbar business, additional proprietary transducer technology, application specific amplifier designs, and award winning ID designs. For more information visit the company web site at


Pete Andreyev

Executive VP, Sales & Marketing

AuraSound, Inc.

+ 852 9069 9297

+ 86 138 2368 2706

Source: AuraSound Inc.
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