10.07.2009 — Kathy Gornik, president of Thiel Audio, has released a statement about the company's long-term plans.

Jim Thiel, founder of the Kentucky-based specialty loudspeaker company, passed away on Sept. 18, 2009 from cancer.

Gornik says Thiel will build upon the standards established by Jim through a new engineering team. Here is the complete statement:

"While this is undeniably a very sad time for us at Thiel, having lost not only one of the best audio engineers in the world but also a great man who was so very dear to us, we recognize how fortunate we are that he left us such a rich legacy. Jim was our polestar - always insisting on the highest of standards in virtually every aspect of our endeavors. Rest assured, Thiel will continue to forge full steam ahead. We have enlisted a team of talented engineers who have been charged with applying Jim Thiel's advanced driver, crossover, and cabinet designs to future products, several of which are already in the pipeline. We are very fortunate that Jim carefully documented all of his research and design parameters, giving us three decades of legendary achievements from which to base the company's bright future. Beginning with some very exciting new product introductions slated for 2010, Thiel will continue to showcase leading edge products that have been engineered and built to the highest standards."

"From everyone at THIEL, we would like to thank all of our wonderful industry friends and customers for the amazing outpouring of support you have shown us. It has meant more to us than you could know, and we are so grateful to be a part of such a wonderful community. We look forward to working and prospering with all of you in the coming years."

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