Innovative portable power solutions provider iGo has reduced its total headcount by approximately 20%. As part of the workforce reduction, Joan Brubacher has departed the Company and will no longer serve as Chief Financial Officer. Darryl Baker, formerly the Company's Vice President, Controller and Chief Accounting Officer, has been appointed to Vice President, Chief Financial Officer, and Treasurer.

The workforce reduction is expected to reduce the Company's operating expenses by approximately $350,000 per quarter. The Company expects to record a restructuring charge of approximately $400,000 in the first quarter of 2009 related to severance payments.

Michael D. Heil, Chief Executive Officer of iGo, Inc., said: "The workforce reduction is a painful but necessary action in light of the recession and the resulting impact on our sales. We would like to thank Joan Brubacher and all of the other employees for their many years of hard work and dedication to the Company and we wish them well in their future endeavors.

“We are fortunate to have a very qualified individual to fill the position of Chief Financial Officer. Since joining the Company more than seven years ago, Darryl Baker has been an integral member of the management team. Darryl's in-depth understanding of our financial systems, operations, and strategic plan makes him well suited to help lead the Company through this challenging time and execute on our long-term growth strategies."

Mr. Baker joined the Company in October 2001 as Controller and was appointed Vice President in May 2002. From 1997 to 2001, Mr. Baker served as corporate controller for various publicly traded and entrepreneurial companies, including SkyMall and Integrated Information Systems. Prior to 1997, Mr. Baker was an audit manager for Ernst & Young. Mr. Baker holds a bachelor's degree in Accountancy from the Marriot School of Management at Brigham Young University and is a Certified Public Accountant.