Andrea Electronics Announces Two Director Resignations.MELVILLE, N.Y. -- Andrea Electronics Corporation (AMEX AMEX See: American Stock Exchange : AND - News) announced today the resignations of two of its directors, Scott M. Koondel and John R. Croteau, effective December 10, 2004. Mr. Koondel has stated that he resigned due to increased responsibilities due to a promotion and recent relocation of his employment with Paramount Pictures. Mr. Croteau has stated that he has resigned due to his expanding responsibilities and increased time commitment at Analog Devices Analog Devices (NYSE: ADI) is an American multinational producer of semiconductor devices. Analog specializes in ADC, DAC, MEMS, and DSP chips for consumer and industrial goods. Analog is presently designing circuits in the 65 nanometer to 3 µm process feature sizes range. . About Andrea Electronics Andrea Electronics Corporation designs, develops and manufactures audio technologies and equipment for enhancing applications that require high performance and high quality voice input. The Company's patented Digital Super Directional Array (DSDA DSDA Defence Storage & Distribution Agency (UK Ministry of Defence) DSDA Danish Securities Dealers Association DSDA Doomed Speed Demos Archive DSDA Debt Service Deposit Agreement DSDA Document Storage and Data Archiving (R)), patent-pending Directional Finding and Tracking Array (DFTA DFTA Department for the Aging DFTA Dynamic Fault-Tree Analysis (R)), patented PureAudio(R), and patented EchoStop(TM) far-field microphone technologies enhance a wide range of audio products to eliminate background noise and ensure the optimum performance of voice applications. Visit Andrea Electronics' website at www.AndreaElectronics.com or call 1-800-707-5779. This press release contains certain forward looking statements made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such statements are subject to certain risks and uncertainties. The Company wishes to caution readers not to place undue reliance on any such forward looking statements, which reflect management's analysis only as the date made. The Company does not undertake any obligation to publicly revise these forward looking statements to reflect events or circumstances that arise after the date of such statements. |
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