Ocean Way Audio Appoints Rick Plushner President

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— Company begins next phase of growth with new strategic business plan that includes expanding Ocean Way’s range of acclaimed speaker systems, the launch of a line of professional outboard audio equipment, unparalleled acoustical designs and a strategic alliance with the Malvicino Design Group for full studio integration —

BURBANK, CA Ocean Way Audio, a leading manufacturer of reference monitors for the audiophile and professional studio market sectors, has positioned itself for its next round of expansion and growth. Allen Sides, founder of Ocean Way Audio, announces the appointment of industry veteran Rick Plushner as President, adding considerably to the level of expertise at the company’s management level with his experience in the professional audio industry. In his new position, Plushner will be responsible for guiding the direction of Ocean Way Audio while capitalizing on his unique skill set of product development, merchandising, vendor relations, distribution, supply management and direct marketing. Prior to joining Ocean Way Audio, Rick held executive positions with several elite pro audio operations including Guitar Center’s professional division GC Pro (Vice President), where he established the brand as a nationwide leading professional audio dealer; Solid State Logic (President), where he diversified the company’s operations into the post-production and broadcast markets while establishing a dealer channel for outboard equipment; Euphonix (VP of Sales), where he facilitated significant sales growth to support a successful NASDAQ IPO; and AMS/Neve (General Manager), where he helped bring to market a wide range of digital and analog recording and mixing consoles. This move is part of the ongoing series of strategic decisions by Ocean Way Audio that is quickly establishing the company as a leader in the field of truly unmatched speaker systems. “We are thrilled to have Rick on our team,” says Sides. “He brings an enormous amount of experience with him that will greatly benefit Ocean Way Audio and its clients worldwide.” “I’m excited to take on this new position and look forward to working with Allen Sides, Ernie Woody and Bruce Marien.” Plushner states, “We’ll expand the ‘No Limit’ studio monitor product line, push further into the ultra-high end of the audiophile market, launch a line of professional outboard audio equipment and offer unparalleled acoustical designs with full studio integration. To accomplish the latter, Ocean Way Audio will now offer the services of Malvicino Design Group, who boasts over 300 professional studio design projects world-wide, in addition to the iconic, acclaimed expertise of Allen Sides. The company boasts a team of acclaimed, industry-reading principals and services, and I am glad to be on board for this next phase of growth for Ocean Way Audio.”