Stevensville, MD(July 1, 2009) -- As of July 1, 2009, Paul Reed Smith is assuming management responsibility over PRS Guitars' Private Stock Department. Current director of the private stock, Joseph Knaggs, has decided to leave PRS Guitars to launch his own guitar production business Joseph S. Knaggs Guitars. Both Paul and Joe are looking foward to a positive future. Paul added he couldn't be more happy for Joe as he embarks on his new adventure. 

In a news update, Paul expressed his plans for the growth of the Private Stock department. Official announcements will be made in the months ahead, but Paul says to expect beautiful craftsmanship as always. The news piece also said PRS has many unique Private Stock activities planned for “Experience PRS” being held this September. 

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