McLallen Named Chairman of the Board of Freedom Group, Inc.

MADISON, NC — Walter (Wally) McLallen has been named chairman of the board of Freedom Group, Inc. (FGI), effective September 8, 2009.

Freedom Group brands include Remington, Marlin, Harrington & Richardson, New England Firearms, L.C. Smith, Parker, Bushmaster, DPMS/Panther Arms, Dakota Arms, EOTAC, and INTC.

McLallen has served on the FGI board of directors since May 2007. He replaces Paul A. Miller, executive chairman, who resigned to pursue new operational business opportunities.

During his tenure, Miller originally served as chairman of Bushmaster Firearms International, LLC. He was named as chairman of the board for the Freedom Group in June 2008 and began serving as the executive chairman in October 2008.

“Paul should be proud of his accomplishments at Freedom Group. He will continue to support the management team as a consultant and will remain a director of the Remington Outdoor Foundation,” said McLallen. “I want to personally thank Paul for all his support and dedication to Freedom Group.”

McLallen also currently serves as managing director of Meritage Capital Advisors and serves on the board of directors of Tier 1 Group and Alpha Media Group, Inc.