America Hears, Inc., Names David Wright Chief Financial Officer.

Manufacturer of Premium Digital Hearing Aids Strengthens Management Team

BRISTOL, Pa. -- America Hears, Inc. (www.AmericaHears.com) announced it has strengthened its senior executive team with the appointment of David Wright as Chief Financial Officer. Wright, a former investment banker and executive with extensive management experience in large and small companies, will also manage business development, strategic relationships, intellectual property and other functions for the rapidly growing manufacturer of premium digital hearing aids.

"We are fortunate to have an executive of David Wright's caliber help us as we enter a new phase of new-product development, market expansion and rapid sales growth," said Henry C. Smith, CEO and founder of America Hears. "David Wright has been a trusted advisor to America Hears in the past and now will be a cornerstone of our expanded management team."

Previously, Wright was a partner with Vested Capital Partners of New York, a provider of merchant banking and advisory services to emerging growth companies, where he recently helped America Hears raise expansion capital from private sources. Following a 20-year career managing multiple oil and gas exploration, production and drilling companies in the Southwest, he ran his own advisory firm, David Wright & Associates of Oklahoma City. Early in his career, he worked in corporate finance at Bank of America and Thompson-McKinnon Securities. He served five years in the U.S. Army during which he was recognized for valor and service with six awards of the Bronze Star Medal. He received an MBA from the University of Texas at Austin in 1977.

"More than 30 million Americans suffer from hearing loss, but less than a quarter of those who need help get it," Wright said. "By providing premium digital hearing aids directly to consumers at appropriate prices, America Hears is breaking the mold and providing hearing assistance to a broader group of people who need it than ever before. It's a terrific business and a classic example of doing well by doing good."

America Hears develops, manufactures and sells premium digital hearing aids directly to consumers while providing professional support from its own audiologists over the internet and phone. America Hears provides the industry's highest quality hearing aids at $995 each, less than half the cost of other premium brands.