For Immediate Release

Press Contact: Michael Raisanen DBA Public Relations mraisanen@dba-pr.com (212) 388-1400
MARANTZ INTRODUCES NEW ULTIMATE-QUALITY AUDIO SEPARATES
-- First New Marantz Turntable in Twenty Years Along, Plus New Platinum Standard Integrated Amplifier and Reference-Quality SACD Player -ITASCA, IL, September 9, 2005 Reflecting its longstanding audio heritage, Marantz America, Inc. will introduce several ultimate-quality component separates at CEDIA 2005, including its first newly developed vinyl disc turntable in 20 years (Model TT-15S1), two new Platinum Standard separates, the Model SA15S1 SACD player and the integrated stereo amplifier, Model PM-15S1, as well as the high-performance CD5001 Compact Disc Player. All four products exemplify Marantz Life Amplified corporate credo, and provide discriminating audiophiles and custom installation specialists with the advanced components they need to create true reference-quality audio systems. Marantz new audio separates will be demonstrated at CEDIA 2005 at the companys Booth #377.
Kevin Zarow, Vice President, Marketing and Product Development, Marantz America, Inc., noted: For more than fifty years, the worlds true audio believers have turned to Marantz for the very finest components capable of recreating every nuance of musical performance. Today, Marantz is still dedicated to audio purity and performance than ever. The new PM-15S1 integrated amplifier and SA-15S1 SACD player build on the success of the popular PM-11S1 and SA-11S1 separates we introduced last year, and all our new components continue the legacy of our industry-leading SC-7S1 and MA-9S1 flagship pieces. Most notably, our new TT15S1 turntable is already generating tremendous excitement among the few audiophile customers and exclusive retailers who have seen it in action.

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PM-15S1: The Ultimate in Amplification Technology Featuring Marantz new platinum cosmetic, the PM-15S1 integrated amplifier incorporates todays most advanced audio technologies, along with the finest materials and construction to deliver unmatched sonic performance with unparalleled fidelity, resolution and musical realism. Like the PM-11S1 introduced last year, the PM-15S1 has at its core a massive audiophile-grade toroidal amplifier, and features HDAM SAs (High Definition Amplifier Modules Super Audio) in the pre-amp output stage. For accurate tonal and image balance with virtually no distortion, the PM-15S1 features symmetrical circuitry, independent oversized heat sinks and hand-selected customized components. Ultrawide bandwidth circuitry provides a frequency response from 3 Hz 150 kHz, with a remarkable greater-than-100dB channel separation. The combination of these audio enhancing features results in music reproduction that captures the essence of each recording, with every sonic nuance audible in a rich, enveloping soundstage. To further maximize audio performance, the PM-15S1 features a high-quality MM/MC phono pre-amp.
For the ultimate in flexibility, the PM-15S1 provides users with multiple listening modes, including stereo, bi-amp, and multi-channel operation. And to ensure optimum signal purity with no noise interference, the amplifiers newly designed display, featuring unique Marantz Blue backlighting, operates on its own independent power supply. The Marantz PM-15S1 Class A Stereo Amplifier will be available in October for a suggested retail price of $2099.00. SA-15S1 SACD Player: The Best and The Brightest To bring out the best and brightest sounds of todays advanced digital audio disc formats, including SACD, CD, and CD-R/RW recordings, the platinum SA-15S1 SACD player utilizes a unique super-solid chassis design, as well as refinements such as high-speed DSD (Direct Stream Digital) DACs, a specially designed digital filter and new HDAM SA Buffer Amps. An ingeniously designed shorter signal path circuit board construction adds to the SA-15S1s stunning music reproduction capabilities, decoding SACDs Direct Stream Digital (DSD) bit stream (1-bit sampled at 2.8224 MHz) with frequency response to 100 kHz and an incredible dynamic range of 113 dB (at lower frequencies).

The SA-15s solid chassis construction and newly designed mechanism, combined with additional shielding and a double-layer bottom plate, virtually eliminates sound-degrading vibration. - more -
The players audiophile-grade massive toroidal transformer delivers all the power necessary to bring out the best in digital music sources. Like the PM-11S1, the SA-11S1s front-panel FL display features Marantzs blue backlighting and utilizes a separate power supply to prevent noise interfering with the audio signal path.
The Marantz SA-15S1 SACD player will be available in October for a suggested retail price of $2099.99.
TT-15S1: Connecting With the Past Using Todays Advanced Technologies Marantz new TT-15S1 turntable is a dream come true for analog audio purists, many of whom have sought older model Marantz turntables in collectors auctions and other high-end outlets for years. Designed using some of todays most sophisticated technologies and an ingenious design, the TT-15S1 brings out the best in vinyl recordings. It features an ingenious magnetic anti-skating system and an anodized arm for flawless performance. The asynchronous motor never makes contact with the chassis contact, ensuring faultless signal input and processing. The acryl chassis has massive aluminum feet for maximum stability, while the 3cmthick acryl platter, ceramic bearing and endless silicon belt ensure smooth playing at all times.
Only the highest standard materials were used to construct the TT-15S1, which features direct fixed highgrade interconnection of OFC copper with RCA plugs and an exclusive Marantz MM system in a stylish ebony body. The turntables finely tuned adjustable counterweight ensures superb play of vinyl records. The Marantz TT-15S1 vinyl turntable will be available in October with a suggested retail price of $1699.99. CD5001 CD Player: Disc Perfection Marantz new CD5001 CD player, which replaces the companys highly successful CD5400, offers the purest digital sound reproduction possible. It includes a host of features geared specifically for the custom install market, including a detachable power cord, triple IR code set, direct IR input and optical and coaxial digital outputs. Users will appreciate the built-in pitch control feature, as well as convenience features like peak search and track edit. The CD5001 will be available this month for a suggested retail price of $329.99.

About Marantz Marantz America is committed to upholding the tradition of technological superiority initiated by founder Saul Marantz. In keeping with this emphasis on quality, Marantz audio and video components are carried only by the nations premier independent audio/video specialty retailers. Additional information is available at www.marantz.com. Marantz America is a wholly owned subsidiary of D&M Holdings Inc. - more -
About D&M Holdings Inc. D&M Holdings Inc. (TSE II: 6735) is based in Tokyo and owns the Denon, Marantz, McIntosh Laboratory, Boston Acoustics, Snell, D&M Professional, ReplayTV, Rio and Escient brands. Denon, Marantz, McIntosh and D&M Professional are global industry leaders in the specialist home theater, audio/video consumer electronics or professional audio markets, with a strong and long-standing heritage of manufacturing and marketing high-performance audio and video components. Boston Acoustics, with its signature Boston Sound, is a leader in premium loudspeakers for home and audio markets. Snell is a super premium speaker brand. The ReplayTV, Rio and Escient brands represent award-winning technologies in digital home entertainment. Additional information is available at www.dm-holdings.com.
DISCLAIMER Statements in this news release that are not statements of historical fact may include forward looking statements regarding future events or the future financial performance of the company. We wish to caution you that such statements are just predictions and that actual events or results may differ materially. Forward looking statements involve a number of risks and uncertainties surrounding competitive and industry conditions, market acceptance for the company's products, risks of litigation, technological changes, developing industry standards and other factors related to the company's businesses. The actions referred to in this press release are not an admission or acknowledgement of any claim or allegation. The Company reserves all of its rights.

For Immediate Release

Press Contact: Michael Raisanen DBA Public Relations mraisanen@dba-pr.com (212) 388-1400
MARANTZ REAFFIRMS ITS HOME ENTERTAINMENT LEADERSHIP AT CES 2006 WITH BROAD LINEUP OF ULTIMATE-QUALITY VIDEO AND AUDIO COMPONENTS - Broad Range of Advanced DLPTM Projectors, Reference-Quality DVD Players, A/V Receivers and More, Plus Companys First Audio Tuner in Five Years LAS VEGAS, NV, January 5, 2006 Marantz America, a world leader in home entertainment products, is demonstrating its commitment to ultimate-quality home entertainment solutions at CES 2006 with a broad line of sophisticated products, ranging from todays most advanced DLP video projectors to multi-zone audio/video receivers, universal DVD players, a breakthrough virtually wireless audio networking system and more. The companys full lineup of products for 2006 will be on display at the Marantz Booth #20407 (in South Hall).
Advanced Lineup of DLP TM Projectors
Marantz is demonstrating its lineup of three advanced home theater projectors, with models geared toward a wide variety of consumer needs and budgets, including the recently introduced VP8600, a high-value high-definition DLPTM projector with a suggested retail price of $5,999, a newly upgraded version of the acclaimed VP-12S4 High-Definition DLPTM Projector (SRP: $14,499), and the ultimate price is no object luxury piece, the renowned VP-10S1 (SRP: $37,999). The key image-enhancing firmware upgrade for the VP-12S4 will benefit all new purchasers as well as current owners. In addition, Marantz is also showing a prototype of its upcoming VP-11S1, an ultimate-quality projector with full upconversion capability for all video sources to 1080p HD resolution. - more -
-2PLAC Technology for Virtually Wireless Audio Distribution At CES, Marantz is introducing a major innovation in virtually wireless multi-zone audio distribution, Power Line Audio Communication (PLAC) technology. The company is debuting its new ZR6001SP system, which includes both the ZR6001 Audio/Video receiver, and the ZC4001 Client. When combined in the Marantz ZR6001SP system, these two high-performance components make it easier than ever before for consumers to set up a multiple room digital audio distribution system in their home by actually running all their favorite music to any room in the house via the existing AC power lines in their home.
Marantz A/V Receivers Offer Surround Sound Solutions Marantz full line of advanced 7.1-channel audio/video receivers provide dynamic surround sound solutions for every consumer need and budget. The companys broad line of receivers, led by its acclaimed flagship SR9600 (SRP: $4,199), includes the SR8500 (SRP: $1,599); SR7500 (SRP: $1,099); SR5600 (SRP: $649.99) and highvalue SR4600 (SRP: $429.99). Featuring an elegant and understated chassis design with aluminum front
panels and cursor controls, all Marantz receivers feature 7 channels of discrete amplification, HD component video switching, component or S-video upconversion, 32-bit DSP processing and 192kHz/24bit digital/audio converters for all channels. In addition, all models feature Dolby Pro Logic IIx capability, surround-sound headphone processing, front panel menu control and home theater processing such as THX or HT-EQ.
DVD: Never Compromise on Image Quality or Performance
Discriminating home entertainment enthusiasts are accustomed to a marked improvement in image quality between conventional television and HDTV, and when it comes to DVD players, Marantz utilizes similar image-enhancing technologies to ensure unprecedented clarity, color, sharpness and detail. The companys line of high-performance DVD players is led by its reference-quality flagship model, the DV9600 (SRP: $2,099), which features many of todays most sophisticated video enhancement technologies. An advanced HDMI 1.1 interface ensures that digital video signals are fed directly to display devices without any degradation in digital purity or quality (supporting 480i output), and highperformance video scaling circuitry allows it to support upsampling to 720p, 1080i and even 1080p HD formats. In addition, the DV9600s PDDV circuit (Pure Direct Digital Video) passes 480i signals through via HDMI which provides viewers with the purest signal possible, as well as allowing the processor in - more -

-3components such as Marantz VP-12S4 to fully process the signal. Other high-performance Marantz DVD players include the high-value progressive scan Model DV7600 (SRP: $1,099), the DV6600 (SRP: $649), and the DV4600 (SRP: $299). Marantz First Dedicated Tuner in Five Years Marantz legacy in high-end audio tuners is exemplified at CES by the companys first dedicated tuner in five years, the ST7001. A digitally-synthesized front end XM/AM/FM tuner, the ST7001 provides a host of industry-leading performance and convenience features. It supports XM Radio functionality, the fee-based satellite digital radio service. XM Radio programs by plugging a commercially available XM Radio antenna into the XM antenna jack on the back. Other innovative new features that typify the ST7001s forward-thinking approach to home entertainment is the units whole-home networkingfriendly Triple IR Code feature. Three sets of remote control codes are provided, allowing users to stack and control up to three ST7001 tuners independently from the same remote. The ST7001 is currently available at a suggested retail price of $449.99. Platinum Standard Audio Separates Reflecting its longstanding audio heritage, Marantz America, Inc. is demonstrating several high performance component separates at CES 2006, including its newly developed vinyl disc turntable, Model TT-15S1 (SRP: $1699.99), two new Platinum Standard separates, the Model SA-15S1 SACD player (SRP: $2,099) and the integrated stereo amplifier, Model PM-15S1, as well as the high-performance CD5001 Compact Disc Player (SRP: $329.99). All four products provide discriminating audiophiles and custom installation specialists with the advanced components they need to create true reference-quality audio systems. Marantz also announced that it will expand its 2-channel audio line in April 2006 with the introduction of two high-performance, high-value components, the Model PM7001 integrated amplifier (SRP: $649), and the new Model SA8001 SACD (SRP: $999), which share many of the advanced features and technologies of the PM-15S1 and SA-15S1, respectively.
About Marantz Marantz America is committed to upholding the tradition of technological superiority initiated by founder Saul Marantz. In keeping with this emphasis on quality, Marantz audio and video components are carried only by the nations premier independent audio/video specialty retailers. Additional information is available at www.marantz.com. Marantz America is a wholly owned subsidiary of D&M Holdings Inc.

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-4About D&M Holdings Inc. D&M Holdings Inc. (TSE II: 6735) is based in Tokyo and owns the Denon, Marantz, McIntosh Laboratory, Boston Acoustics, Snell Acoustics, D&M Professional, ReplayTV and Escient brands. Denon, Marantz, McIntosh and D&M Professional are global industry leaders in the specialist home theater, audio/video consumer electronics or professional audio markets, with a strong and long-standing heritage of manufacturing and marketing high-performance audio and video components. Boston Acoustics, with its signature The Boston Sound, is a leader in premium loudspeakers for home and audio markets. Snell is a super premium speaker brand. The ReplayTV and Escient brands represent award-winning technologies in digital home entertainment. Additional information is available at www.dm-holdings.com.
### DISCLAIMER Statements in this news release that are not statements of historical fact may include forward looking statements regarding future events or the future financial performance of the company. We wish to caution you that such statements are just predictions and that actual events or results may differ materially. Forward looking statements involve a number of risks and uncertainties surrounding competitive and industry conditions, market acceptance for the company's products, risks of litigation, technological changes, developing industry standards and other factors related to the company's businesses. The actions referred to in this press release are not an admission or acknowledgement of any claim or allegation. The Company reserves all of its rights.