Andrea Electronics Corporation (OTCBB: ANDR.OB) News Release - 8/23/2001

Andrea Electronics Corporations Announces Executive Management Restructuring

MELVILLE, N.Y., Aug 23, 2001 /PRNewswire/ -- Andrea Electronics Corporation (Amex: AND), is pleased to announce that the Board of Directors of Andrea Electronics Corporation has appointed Christopher P. Sauvigne as the Company's President and Chief Executive Officer. Mr. Sauvigne has been the Company's President and Chief Operating Officer since he was hired in November of 1998. As part of the restructuring, Joseph Marash and Richard A. Maue have been promoted to Executive Vice President. Mr. Marash will continue as Chief Technology Officer and Mr. Maue will continue as both Chief Financial Officer and Corporate Secretary. Douglas J. Andrea will continue to serve as the Chairman of the Company's Board of Directors.

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 Active Noise Reduction (ANR READY(R)) earphone, Active Noise Cancellation (ANC) near-field microphone, patented Digital Super Directional Array (DSDA(R)) and patent-pending Directional Finding and Tracking Array (DFTA(TM)) far-field microphone technologies enhance a wide range of audio products to eliminate background noise and ensure the optimum performance of voice applications. Applications for the Company's technologies include: speech recognition programs, Internet telephony, video/audio conferencing, automobile PCs, home automation systems, hand-held devices and multiplayer online games, among others. OEM and software publisher customers and strategic partners of Andrea Electronics' include: IBM Corporation, Intel Corporation, BMW of North America, Inc., Donnelly Corporation, Symbol Technologies, Inc., Clarion Corporation of America, Microsoft Corporation, LifeFX, Inc., Audio-Technica, U.S., Inc., DeltaThree.com, Lotus Development Corporation, Fonix Corporation, Centra, Net2Phone, Inc., among others. Visit Andrea Electronics' websites at http://www.AndreaElectronics.com or call 1-800-707-5779.

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," variations of such words, and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and involve matters that are subject to certain risks, uncertainties and assumptions that are difficult to predict, including economic, competitive, governmental, technological and other factors, that may affect the business and prospects of Andrea Electronics Corporation (the "Company"). These and other similar factors are discussed under the heading "Cautionary Statement Regarding Forward-looking statements" included in the Management's Discussion and Analysis of Financial Condition and Results of Operations in the Company's Annual Report on Form 10-K and Annual Report not filed with the SEC, and in documents subsequently filed by the Company with the Securities and Exchange Commission.

SOURCE: Andrea Electronics Corporations

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