Tuesday, November 6, 2007

Entertainment Distribution Company Announces Management Changes

iWon Money & Investing:
"Entertainment Distribution Company (EDCI), a global and independent provider of supply chain services to the home entertainment market, today announced changes to its executive management team.

On November 5, 2007 Jim Caparro transitioned from the position of Chief Executive Officer to the newly created position of non-executive Chairman of the Company's subsidiary Entertainment Distribution Company, LLC ('EDC, LLC'). Mr. Caparro will remain in this role through March of 2008 during which time he will help manage the transition process, will play a key advisory role in the management of our customer relationships and will assist in our evaluation of strategic alternatives for EDC, LLC. Accordingly, Jim retains his seat on the EDC, LLC subsidiary Board of Directors and has given up his seat on the parent company Board of Directors, effective November 5, 2007.

Jordan M. Copland, the Company's Chief Financial Officer, will assume the additional role of Interim Chief Executive Officer."

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