[GRAPHIC OMITTED]        INVESTOR CONTACT:                COMPANY CONTACT:
THE SINGING MACHINE      Neil Berkman                     Y.P. Chan
                         Berkman Associates               Interim CEO
                         (310) 826 - 5051                 (954) 596 - 1000
                         info@BerkmanAssociates.com       www.SingingMachine.com
                         --------------------------       ----------------------


                                                           FOR IMMEDIATE RELEASE


                      THE SINGING MACHINE COMPANY ANNOUNCES
               RESTRUCTURING OF $4 MILLION SUBORDINATED DEBENTURE

          Entire Debenture Plus Interest Retired For $2 Million in Cash
          -------------------------------------------------------------


      COCONUT CREEK,  FL, March 14, 2006 -- THE SINGING  MACHINE  COMPANY (AMEX:
SMD)  announced  today that it has  retired  the entire $4 million  subordinated
debenture  which  came due on  February  20,  2006,  plus  accrued  interest  of
$270,000,  for a total cash payment of $2 million. The Company expects to report
a one-time gain of approximately  $2.27 million related to the retirement of the
debenture in its financial statements for the three months ended March 31, 2006.
Warrants expiring on September 7, 2006 to purchase  approximately 487,000 shares
of The  Singing  Machine  common  stock for $0.85 per share that were  issued in
connection with the subordinated debenture remain outstanding.

      Funds to complete this  transaction  were provided by a $2 million  bridge
loan from Ever Solid Ltd., a Hong Kong  subsidiary  of  Starlight  International
Holdings Ltd. (Hong Kong Stock Exchange: 485).

      On February  27,  2006,  The Singing  Machine  announced  an  agreement in
principle under which, subject to the successful restructuring of the $4 million
subordinated debenture and other conditions, koncepts International Ltd., a Hong
Kong  subsidiary  of  Starlight   International  Holdings  Ltd.,  would  acquire
approximately  12.9 million newly issued,  unregistered  shares of the Company's
common  stock  (representing  approximately  56% of the  total  number of shares
issued and outstanding  following the closing of the proposed transaction) for a
total of $3 million,  or $0.233 per share, and would receive warrants to acquire
up to an additional 5.0 million shares over a four-year period at prices ranging
from $0.233 to $0.350 per share.

      Y.P.  Chan,  Interim CEO of The Singing  Machine,  said, "We are extremely
pleased to resolve the subordinated debt issue, which has been a major challenge
and distraction for the Company.  I want to thank all of the sub-debt  investors
for their  level-headed  common sense business approach to reaching a resolution
of this matter as well as for their ongoing support.  This restructuring removes
the major  contingency  for the koncepts  International  Ltd.  investment in The
Singing  Machine.  We look forward to completing  that  transaction  in the near
future and to working with Starlight, our key supplier, to expand our business."

      ABOUT THE SINGING MACHINE

      Incorporated in 1982, The Singing Machine Company develops and distributes
a full line of  consumer-oriented  karaoke  machines  and music as well as other
products under The Singing MachineTM, MotownTM, MTVTM, NickelodeonTM, Hi-5TM and
other brand names.  The first to provide karaoke systems for home  entertainment
in the United States,  The Singing  Machine sells its products in North America,
Europe and Asia.


                        THE SINGING MACHINE COMPANY, INC.
 6601 Lyons Road o Building A-7 o Coconut Creek, Florida 33073 o (954) 596-1000
                              o Fax (954) 596-2000



FORWARD-LOOKING STATEMENTS

      This press release contains forward-looking  statements within the meaning
of the Private  Securities  Litigation Reform Act of 1995. Such  forward-looking
statements are based on current  expectations,  estimates and projections  about
the Company's  business  based,  in part, on assumptions  made by management and
include,  but are not limited to statements  about our financial  statements for
the fiscal year ended March 31, 2006.  These  statements  are not  guarantees of
future  performance  and involve risks and  uncertainties  that are difficult to
predict.  Therefore, actual outcomes and results may differ materially from what
is expressed or forecasted in such  forward-looking  statements  due to numerous
factors, including the risks that our vendors in China may not ship our products
on the scheduled basis and that we will have sufficient cash flow to finance our
working  capital  needs in the second and third  quarter of this fiscal year. In
addition,  you should  review  our risk  factors  in our SEC  filings  which are
incorporated herein by reference. Such forward-looking  statements speak only as
of the date on  which  they are made  and the  company  does not  undertake  any
obligation  to  update  any  forward-looking  statement  to  reflect  events  or
circumstances after the date of this release.


                                     * * * *

                        THE SINGING MACHINE COMPANY, INC.
 6601 Lyons Road o Building A-7 o Coconut Creek, Florida 33073 o (954) 596-1000
                              o Fax (954) 596-2000