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                                                                   Exhibit 99.2

CONTACT:   Frank Seta, Vice President
     Baldwin Piano & Organ Company
     (513) 576-4500


                BALDWIN PIANO'S CONCERTMASTER PLAYER PIANO SYSTEM
                  WINS TOP AWARD FOR TECHNOLOGICAL INNOVATION,
                         EXCELLENCE AT CEDIA'S EXPO '98

           CUSTOM ELECTRONIC DESIGN AND INSTALLATION TRADE GROUP CITES
          COMPUTERIZED PLAYER PIANO'S BEAUTY, FLEXIBILITY, VERSATILITY

         NEW ORLEANS, September 17 -- The Baldwin Piano & Organ Company's
ConcertMaster(R), an innovative computerized version of the historic player
piano, earned top honors for technological excellence at the Custom Electronic
Design and Installation Association's (CEDIA) EXPO '98, held here earlier this
week.

         Baldwin's newest ConcertMaster system, introduced at EXPO '98, took
first place honors in CEDIA's "Electronic Lifestyles" product category,
competing against a large field of other technologically innovative consumer
electronics products. Concert- Master, which has become an increasingly popular
option on Baldwin's high-end grand pianos, combines a powerful computer-driven
home entertainment system with the visual appeal and traditional craftsmanship
of the grand piano.

         CEDIA cited ConcertMaster for its appearance, flexibility,
functionality, and ease of use. The product was specifically designed by Baldwin
to appeal to the large segment of the population that does not play the piano,
but still wants to own the stately instrument for its prestige value and as an
elegant addition to home decor.

         CEDIA, founded in 1989, is a leading international association of home
electronics designers and installers with over 1300 member companies promoting
Electronic LifestylesJ. Member companies specialize in designing electronic
systems -- typically, media rooms, multi-room entertainment systems, home
automation, communications systems, and integrated whole-house subsystems for
lighting and

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security. The winner of CEDIA's prestigious "Best Product Technology Award" was
named following a thorough review of all new home electronics products by a
panel of CEDIA judges.

         Commenting on the award, Frank Seta, Baldwin vice president who oversaw
development of the ConcertMaster, said: "We are most grateful to CEDIA for
recognizing the superior technological achievement this product represents. The
ConcertMaster's unmatched versatility and multi-media capabilities are, we
believe, without equal in any competing system. It is compatible with in-home
entertainment systems and, most importantly, very simple to use."

         In addition to a stationary controller fitted under the keyboard, the
new, award-winning 900 MHz version of the ConcertMaster features a hand-held
wireless RF remote control that allows operation of the system from any room in
a house. An easy-to-read LCD display guides the user through ConcertMaster's
many musical and operational options.

         ConcertMaster's range of playback sources is more versatile than any
other product of its kind. It can accept musical selections on a 3.5-inch floppy
disk, compact disc (CD), and an internal hard drive library which comes
pre-loaded with 20 hours of music selections. Using an Internet connection and
web browser, users can even download additional selections from the world wide
web.
         Owners can create up to 99 custom library categories to store
additional music. With up to 99 songs in each category, nearly 10,000 selections
can be played on the ConcertMaster without having to insert a disc or CD. Users
can also mine an extensive CD library featuring famous keyboard artists both
past and present. The ConcertMaster system also enables owners to watch video of
a performance on a TV monitor while the piano plays "live" in their living
rooms. In playback, ConcertMaster's sophisticated computerized solenoid system
translates the MIDI information into an accurate musical reproduction with all
the presence and subtlety of the original performance.

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         For the pianist, ConcertMaster's Quick RecordJ and Multi-Track
recording features capture every nuance of the performance for playback. One can
even print out the music score of the recording.

         The Baldwin Piano & Organ Company has marketed piano products for over
136 years and has been providing consumer financing for the keyboard industry
for nearly a century. Maker of America's best-selling pianos under the Baldwin,
Chickering, and Wurlitzer brand names, the company also manufactures electronic
and electro-mechanical components for original equipment manufacturers. Revenues
in 1997 exceeded $143 million.

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EDITOR'S NOTE:  Photo available.  Please call Mark Hunter of Baldwin Piano at
                (513) 576-4500