EXHIBIT 99.1

(ROCKFORD CORPORATION LOGO)

Executive Contact:                      Investor Relations Contact:
Jim Thomson                             Andrea Miner
Chief Financial Officer                 Investor Relations Coordinator
Rockford Corporation                    Rockford Corporation
(480) 967-3565                          (480) 967-3565

                         ROCKFORD CORPORATION ANNOUNCES
                     NEW $12.5 MILLION PRIVATE PLACEMENT AND

                      PAYOFF OF $4 MILLION JUNIOR TERM LOAN

Tempe, Ariz., June 14, 2004/PRNewswire/ -- Rockford Corporation (NASDAQ:ROFO)
today announced that it has entered into agreements for the private placement of
$12.5 million of the Company's 4.5% convertible senior subordinated secured
notes due 2009 and warrants to purchase 649,810 shares of common stock at $5.75
per share. The private placement closed on June 11, 2004.

Upon issuance, the noteholders may convert the notes into the Company's common
stock at any time prior to the scheduled maturity date of June 10, 2009. The
conversion price is $5.29 per share, which represents a 15% premium over the
closing price of the Company's common stock on June 9, 2004. If fully converted,
the Notes will convert into 2,362,949 shares of the Company's common stock. The
Company has the right to automatically convert the notes into common stock if
the common stock trades above a specified target price for a specified period.
The Company may also force the exercise of the warrants under certain
circumstances prior to their expiration date. The Company has further agreed to
register the notes, warrants and common stock issuable upon conversion of the
notes or exercise of the warrants.

The Company intends to use the net proceeds from the sale to pay off its $4
million junior term loan with Hilco Capital LP ("Hilco") and to pay down its
revolving $45 million asset based credit facility with Congress Financial
Corporation (Western), as agent ("Congress"). This resolves the default under
the Hilco facility previously reported by the Company.

Also today, the Company announced that it had received a waiver of its
previously announced violation of covenants associated with the Company's $45
million revolving credit facility with Congress. In addition, the Company has
modified and renegotiated new financial covenants with Congress.




The Securities are being sold to accredited investors in reliance on Regulation
D under the Securities Act of 1933, as amended. Piper Jaffray & Co. served as
the exclusive placement agent.

This announcement is neither an offer to sell nor a solicitation of an offer to
buy any of these securities. The securities have not been registered under the
Securities Act of 1933, as amended, and may not be offered or sold in the United
States absent registration or an applicable exemption from registration
requirements.

                           ABOUT ROCKFORD CORPORATION

Rockford is a designer, manufacturer and distributor of high-performance audio
systems for the mobile, professional, and home theater audio markets. Rockford's
mobile audio products are marketed under the Rockford Fosgate, Lightning Audio,
MB Quart, Q-Logic, InstallEdge.com, Omnifi and SimpleDevices brand names.
Rockford's professional audio and home theatre products are marketed under the
Hafler, Fosgate Audionics, MB Quart, and Omnifi brand names.

                      FORWARD-LOOKING STATEMENT DISCLOSURE

In this press release we make statements about our future business strategy and
other matters. These statements should be considered forward-looking statements
within the meaning of Section 27A of the Securities Act and Section 21E of the
Securities Exchange Act of 1934 (the "Exchange Act"). Forward-looking statements
include statements regarding our expectations, beliefs, intentions, plans,
projections, objectives, goals, strategies, future events or performance and
underlying assumptions and other statements which are other than statements of
historical facts. Our actual results could differ materially from those
discussed in or implied by these forward-looking statements. The forward-looking
events we discuss in this press release might not occur in light of the risks,
uncertainties and assumptions we have identified in this press release or other
risks we have not identified or anticipated. We caution you not to place undue
reliance on our forward-looking statements, which speak only as at the date on
which they are made. Our actual results may differ materially from those
described in our forward-looking statements. We undertake no obligation and
disclaim any obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.
When considering our forward-looking statements, you should keep in mind that
many significant risks could cause our actual results to vary from our current
expectations.

For a more detailed discussion of the risks we face, please refer to the risk
factors and cautionary statements identified in our filings with the Securities
and Exchange Commission, including specifically the risk factors identified in
exhibit 99.1 to our Annual Report on Form 10-K for the Fiscal Year ended
December 31, 2003, filed with the SEC on March 30, 2004. The risk factors noted
above, the risk factors discussed in our SEC filings, and other factors that we
do not currently anticipate, may cause our actual results to differ
significantly from those anticipated in our forward-looking statements.