SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Oct. 9, 2007--Mobility
Electronics, Inc. (NASDAQ: MOBE), a leading provider of innovative
portable power and computing solutions, today announced the addition
of Michael J. Larson to its Board of Directors. Mr. Larson, 54, has
more than 30 years of experience in the consumer electronics and
consumer products industries including senior management positions
with companies such as Hewlett-Packard Company, Compaq Computer
Corporation, Toshiba Corporation and Sony Corporation.
Since 2002, Mr. Larson has served as Senior Vice President and
General Manager of the Personal Systems Group, Americas for
Hewlett-Packard Company. The Personal Systems Group is responsible for
Hewlett-Packard's business and consumer PCs, mobile computing devices,
workstations, and managed home products. Mr. Larson joined
Hewlett-Packard following its merger with Compaq Computer Corporation.
From 1996 through 2001, Mr. Larson served in a variety of senior
management positions at Compaq including Senior Vice President and
General Manager of the Worldwide Consumer Group. Mr. Larson's
professional experience also includes holding positions of increasing
responsibility with companies such as Toshiba, Sony, The Coca-Cola
Company Food Division, Johnson & Johnson, and The Carnation Company.
Mr. Larson holds a Bachelor of Arts degree from Wake Forest
University.
"We are very fortunate to add an executive of Mike's caliber to
our Board of Directors," said Robert W. Shaner, Chairman of the Board
of Directors of Mobility Electronics. "Mike has guided the operations
of numerous successful consumer electronics companies and his
understanding of our target markets will be extremely valuable in our
efforts to generate widespread adoption of our portable power
solutions."
Following the addition of Mr. Larson, Mobility's Board of
Directors consists of six members, with five being classified as
independent.
About Mobility Electronics, Inc.
Mobility Electronics, Inc., based in Scottsdale, Arizona, is a
developer of universal power adapters for portable computers and
mobile electronic devices (e.g., mobile phones, PDAs, digital cameras,
etc.) and creator of the patented iGo(R) intelligent tip technology.
Mobility Electronics' iGo brand offers a full line of AC, DC and
combination AC/DC power adapters for portable computers and low-power
mobile electronic devices. All of these adapters leverage the
Company's iGo intelligent tip technology, which enables one power
adapter to power/charge hundreds of brands and thousands of models of
mobile electronic devices through the use of interchangeable tips.
The Company also offers other accessories for the mobile
electronic device market, such as foldable keyboards.
Mobility Electronics' universal chargers are available at
www.iGo.com as well as the stores of leading retailers and wireless
carriers. For additional information call 480-596-0061, or visit
www.mobilityelectronics.com.
Mobility Electronics, iGo and ...improving your mobile experience
are registered trademarks of Mobility Electronics, Inc. All other
trademarks or registered trademarks are the property of their
respective owners.
This release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
including statements relating to widespread adoption for Mobility's
power products. These forward-looking statements are based on
management's current expectations and beliefs and are subject to risks
and uncertainties that could cause actual results to differ materially
from those described in the forward-looking statements. In particular,
factors that could cause actual results to differ materially from
those in the forward-looking statements include the sell through rates
of the Company's power products at retail and wireless carrier
accounts; delays or cessation of shipments of the Company's products
to the carrier; the timing and success of new product introductions;
the development and introduction of new products by us and our
competitors; the performance of suppliers and subcontractors; industry
and general economic or business conditions; and other factors
detailed in our filings with the Securities and Exchange Commission.
Forward-looking statements speak only as of the date made and are not
guarantees of future performance. We undertake no obligation to
publicly update or revise any forward-looking statements.
CONTACT: Financial Relations Board
Tony Rossi, 213-486-6545
trossi@frbir.com
SOURCE: Mobility Electronics, Inc.
