In 1969, Jim Winey developed the Magneplanar, a thin-film magnetic alternative to the electrostat, and founded Magnepan.
Magnepan speakers (or "Maggies," as they're endearingly known) are instantly recognizable -- very thin and very, very tall. That's thanks to the unique planar driver system, intricate wiring and thin sheet of Mylar that comprise their design. The large surface area of the Magneplanar allows for true reproduction of bass frequencies. The Magneplanar 1.7 introduced new quasi ribbon technology that greatly enhanced lower midrange and bass frequencies with reduced distortion.