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Beltone Names Jim Cornett New Director of Retail Operations

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Chicago, July 14, 2005— Beltone Electronics Corporation announced today the hire of Jim Cornett as the new Director of Retail Operations. As Beltone's Director of Retail Operations, Cornett will be responsible for all corporate store operations.

"Our retail business has become a larger, more important part of our organization, said Todd Murray, President of Beltone North America. "Jim's extensive retail expertise makes him the perfect choice to lead our current efforts and ultimately take our retail operations to the next level."

Cornett joins Beltone from Pearle Vision, where he has spent most of his career in multi-unit operations. He assumed increasing levels of responsibility and eventually became the key leader of integration activities for several of the company's acquisitions and initiatives. Cornett has also led a hearing aid business for the last seven years as part of his business responsibility. He lives with his wife and two daughters in the Cincinnati/Northern Kentucky area.

Founded in 1940, Chicago-based Beltone Electronics Corporation, LLC. is part of the GN Hearing Care Group of global hearing care companies, utilizing advanced technology to produce hearing instruments sold in the United States, Canada and internationally.

In addition to providing outstanding service and support for its U.S. hearing care network operating in over 1,300 offices in North America, Beltone remains the most trusted brand for quality products and care among its patients and adults aged 50 and older.

For more information on Beltone, visit www.beltone.com
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