August 14, 2006; Cello Technologies and Radio Holland USA Inc. have entered into a joint marketing agreement focused on the design, sales and installation of communication, navigation, automation, entertainment, lighting control and other related systems for the Megayacht and Superyacht market in the United States. By working together, Radio Holland USA and Cello Technologies can provide the Client with one team, managed by one 'point' person, instead of multiple vendors. This will significantly simplify communications about these critical systems and make the whole process more efficient, while still providing the benefit of expertise in their respective fields that these two companies provide. Radio Holland USA and Cello Technologies will be able to offer a Megayacht/Superyacht manufacturer or Owner a complete package which will leverage the strengths of both companies and provide worldwide support. Cello Technologies and Radio Holland USA are number one in providing their clients with innovative and integrated solutions. This means that engineering, design, installation and service will be professional and reliable, with a truly global service network in 21 different countries, with 50 service depots. Clients also benefit from an engineered seamless system interface between the ships critical systems, communications and entertainment systems provided by the joint venture. Radio Holland USA Inc. is a member in the International Radio Holland Group, the leading commercial marine Sales and Service organization offering customized and turnkey solutions in the field of Satellite and Radio Communications, Automation, and Navigation Systems with the mission of providing innovative, efficient, and functional solutions. Radio Holland USA also provides Consulting, Engineering, Installation Services, Shore Based Maintenance, Commercial Airtime and Training. February 10, 2006; Cello Technologies has been chosen as a partner to supply the audio/visual and control systems for Ocean Alexander yachts ranging from 58 to over 100 feet. Cello has designed specific systems for each yacht size based on a standard infrastructure 'backbone' and rack mounted component sets that 'plug in' to the yacht. The first completed project was Ocean Alexander’s new 98’, which was unveiled at the Miami Boat Show this month. This system included voice and data communications systems, as well as a menu driven audio/video server in each room, one touch control of lighting and audio/video in the main areas, and high definition satellite. The systems were built, tested and programmed at Cello’s facilities in Seattle, then shipped to Ocean Alexander’s facilities in Kaohsiung, Taiwan for installation. Ocean Alexander has consistently upgraded its products to provide customers with good value while matching as closely as possible the offerings of custom builders. The 98’ project was used as a ‘proof of concept’ showing that Cello's 'modular' design (which it uses for condominiums and large and/or remote home installations) would be an efficient method for Ocean Alexander to bring custom yacht quality to the semi-production yacht buyer. Tom Hall, President of Cello, sees this approach as a great way for both parties to efficiently deliver state of the art entertainment and communications systems. According to Hall, “Cello has always been a ‘custom’ company, and though we have used a modular approach in many of our residential projects, previous yacht projects had all been built in place and were really ‘one-off’ systems.” He continued, “this experience [with Ocean Alexander] will allow Cello to offer similar systems as sub-system components on our custom yacht projects, improving efficiency by decreasing the onboard work time." January 19, 2006; Cello Technologies hosted its sixth annual New Year party and celebrated with clients and business associates. This year Cello introduced the SIM2 line of display products, showing both their 3 chip C3X projector (bright enough for use in a non-light controlled environments) and their stunningly attractive 40” LCD. “This line fills a niche for Cello with its strong focus on the aesthetics of the unit, as well as the performance”, says Tom Hall, President of Cello. Cello also used this event to introduce some new members of the staff, including Del Gamler, a certified marine electrician, who will help Cello to continue its growth in the yacht market. August 4, 2005; Cello Technologies celebrated its fifth anniversary (under local ownership) with a party hosting local architects, builders and clients. Cello used this opportunity to showcase some of the latest products for home theater and home entertainment, including the D-box (www.d-box.com) motion simulator, the Kaleidescape video (and soon to be audio) server (www.kaleidescape.com), the Yamaha YSP-1 sound projector (http://www.yamaha.com/yec/YSP1/) and the amazing Esoteric UX-1 DVD universal player (http://www.teac.com/esoteric/UX-1.html). Based on the response, Cello believes that interest is growing once again in quality of experience and not just on the convenience of the delivery. January 27, 2005; Cello Technologies hosted its fifth annual New Year party. The party was hosted at Cello's Design Center located in Belltown and was attended by customers, architects, builders, associates and friends. It was an opportunity for attendees to see what is new for Cello as well as what is new in the integration industry. This year Cello showcased two leading video server products from AMX and Kaleidescape as well as new control system designs capable of simplifying all of the new ‘convergent’ technologies. November 5, 2004; Cello Technologies announces the addition of Dellarae Mattila to their sales staff. “Dellarae brings to Cello a broad range of knowledge from her 18 years in the Marine Electronics Industry. This, in addition to her solid reputation for customer care, will allow us to expand our services in the custom yacht market” Says Tom Hall, President of Cello. Dellarae will expand the sales efforts of Cello Technologies by focusing entirely on the mega yacht business. She has already expanded Cello Technologies’ business by adding marine satellite antennas and communications systems to their product offerings. December 1, 2003; Cello Technologies announces the launch of the Cello Performance Assurance service for their customers. The subscription-based program provides regularly scheduled maintenance service for the high performance audio/video and control systems Cello designs and installs. Says Tom Hall, President of Cello, “Each of our systems are tailored to the needs of the individual client, this service will be a ‘cleaning and check-up’ to keep their specific system in top shape so that it will always perform to their expectations”. Any specialized calibrations for audio or video will be scheduled at the same time to minimize the intrusion on the client’s schedule. Cello believes that this service plan will enhance the performance and reliability of all the systems that they provide. Cello has always included a two year warranty on all of its installations in combination with the equipment manufacturer’s warranties. October 6, 2003; Cello Technologies announced that Rich Abel has joined the firm as director of operations. In this capacity, Abel will manage the installation, service and customer assurance elements of Cello’s business. “Our business has grown to the point where it’s important to add depth to the management team. Rich brings to us a diverse and rich background in business management, operations, marketing and technology. His impact will position Cello to quickly move to the next level of our evolution” noted Tom Hall, Cello’s President. Abel’s experience spans twenty years in various high-technology roles. He spent ten years at Microsoft, in various marketing, product management and business development roles. Abel was responsible for the marketing of Windows 3.0, the company’s most successful product at the time. Prior to joining Cello, Abel provided small-office and home-office network design, installation and maintenance as principle of The Abel Company, based in Sammamish, WA. Prior to running his own company, Abel served as Vice-President of Operations for Webforia, a Bellevue-based Internet services firm. He also served as President and CEO of Worlds Incorporated of San Francisco. Abel started his career in the area of design engineering in the field of avionics and later computer peripherals. Abel’s expertise in computer technology and computer networking will also bolster Cello’s capabilities in the area of installation and service of computer networks as part of their overall solutions. “The trend toward greater levels of interoperability and integration between high-end audio, video, telephony, security and computers makes it essential for Cello to broaden its expertise in networking,” noted Hall. August 6, 2003; Cello Technologies hosts its third annual Open House/ Anniversary party. Three years ago Cello Technologies Seattle was purchased by Tom Hall, returning the company (formerly known as WhiteJay International) to local ownership. The party is hosted at Cello's Design Center located in Belltown and is attended by customers, architects, builders, associates and friends. It is an opportunity for attendees to see what is new for Cello as well as what is new in the integration industry. July 21, 2003; Seattle based Madison Audio announced that is ceasing operations due to unfavorable economic conditions in the Northwest. Madison Audio is transferring all of their client information and service records to Seattle based Cello Technologies to ensure that their clientele will be looked after in a professional manor. Though Cello Technologies will not be assuming any liabilities or warranty work, they will have all the data available to effectively support previous and current clients with any changes or upgrades. In addition, Cello will be assuming all of Madison Audio’s pending work, and will be available on a time and materials basis for any work that is currently in progress. To ensure the seamless transfer and service of clients, Cello will temporarily retain key staff from Madison Audio.