Audiovox's Jensen Product Line Focuses on Mobile Multi-Media8 January 2006
LAS VEGAS and HAUPPAUGE, N.Y., Jan. 5 -- LAS VEGAS CONVENTION CENTER, 2006 CES, Audiovox Booth 11006-10506 -- Audiovox Corporation (Nasdaq: VOXX) today announced the launch of several new Jensen mobile products that move the brand beyond traditional auto sound and into mobile multi-media. Intellicar(TM) by Jensen, a line of in-dash multi-media receivers with touch screen displays lead the way and are complimented by in- dash vehicle PCs, both in-dash and add-on navigation systems. In addition, Jensen mobile this year will include new, amplifiers, speakers and MP3, WMA, CD head units, which, the company believes, makes Jensen Mobile one of the strongest and broadest marketers of car entertainment lines in the industry.
The announcement was made by Tom Malone, Senior VP Sales who stated, "Intellicar is a brand new Jensen product line that combines computer technology to head unit performance. This line offers retailers and their customers the very latest technology with high-performance, appealing feature sets that are customer-friendly and designed to give the dealer both the price point and profit margin he needs to compete."
"The Nav PC for the car," continued Malone, "is one of the most exciting units we have ever had. It incorporates Microsoft Streets and Trips Navigation software and is a Bluetooth-ready system, which means it will operate with any Bluetooth cellular telephone." Other features include built in-in 40GB CD hard drive and DVD ROM drive, mini-ITX motherboard with 1GHz processor and 512MB PC2100 memory and GPS antenna. Includes USB Bluetooth Dongle MSRP: $1699.99. Available March 2006
The company is also introducing the NAV7TSTFT 7-Inch Digital Touch Screen for use with the Company's NAVDINPC. It features 1.15 Mega Pixel high definition TFT screen, 7-inch touch screen display, USB output for touch screen display programming via the NAVDINPC and has a universal swivel- mounting bracket for easy installation. MSRP: $699.99. Available March 2006
Continuing the focus on Mobile Multi Media will be a series of touch screen systems with a variety of high-tech features including Bluetooth, iPod controls, XM ready and more.
-- IC9810TSN -- CD/DVD/MP3/WMA/TV/IPod/NAV/USB/Bluetooth/XM-Ready
Receiver with Motorized 7-inch Touch Screen -- features include 7-inch
TFT touch screen LCD with integrated SD card reader and USB input,
communicates with Bluetooth(TM)-enabled cellular phones. Lets you
control your iPod and XM Satellite Radio functions directly from the
headunit. (jLINK iPod cable and XM cables sold separately). Additional
features: Multi-Zone -- Allows front-seat passengers to listen to the
radio while rear passengers listen to a CD, MP3, WMA or watch DVD's,
navigation ready -- requires NAV200 Navigation Box (sold separately).
MSRP: $1399.99. Available May 2006
-- IC9710TS -- CD/DVD/MP3/WMA/iPod/XM-Ready Receiver with Motorized 7-
inch Touch Screen -- feature 7-inch TFT touch screen LCD, lets you
control your iPod and XM Satellite Radio functions directly from the
headunit. (jLINK iPod Cable and XM cables sold separately). iAUX3 --
ready -- External A/V adapter for portable media devices (sold
separately). MSRP: $899.99. Available May 2006
-- IC9820TSN -- CD/DVD/MP3/WMA/TV/IPod/NAV/USB/Bluetooth/XM-Ready
Receiver with Motorized 6.5-inch Touch Screen -- features 6.5-inch TFT
touch screen LCD with integrated SD card reader and USB input.
Communicates with Bluetooth(TM)-enabled cellular phones. Lets you
control your iPod and XM Satellite Radio functions directly from the
headunit. (jLINK iPod cable and XM cables sold separately). Multi-Zone
allows front-seat passengers to listen to the radio while rear
passengers listen to a CD,MP3,WMA or watch DVD's. Navigation Ready --
Requires NAV200 Navigation Box (sold separately). MSRP: $1399.99.
Available May 2006
-- IC(9821NAV - CD/DVD/MP3/WMA/TV/IPOD/USB and BlueTooth-ready Receiver
with Motorized 6.5-inch TFT Touch Screen LCD with integrated SD card
reader and USB input that communicates with most BlueTooth(TM)-enabled
cellular phones. Controls your iPod and XM Satellite radio functions
directly from the headunit (jLINK iPod cable and XM cables sold
separately). Multi-Zone allows front-seat passengers to listen to the
radio while rear-seaters listen to a CD, MP3, WMA, or watch DVDs.
Navigation integrated -- Navtech Navigation GPS software and antenna
included. MSRP: $1599.99. Available May
Malone noted that within one year, "Audiovox reintroduced Jensen to the market with a line of products that reflected our commitment to the brand's product history of quality, feature-rich, cosmetically-appealing, user- friendly and -- most important -- a sales and profit magnet for the dealer. The 2005 line-up was successful in reestablishing Jensen as a major player in the mobile entertainment market, quickly rising to the number one market position. We believe that our 2006 product line will make us the undisputed leader in this market."
Audiovox Corporation is a leading international supplier and value added service provider in the consumer electronics industry. The Company conducts its business through subsidiaries and markets mobile and consumer electronics products both domestically and internationally under several of its own brands. It also functions as an OEM (Original Equipment Manufacturer) supplier to a wide variety of customers, through several distinct distribution channels.
Audiovox Electronics Corporation (AEC), the company's wholly owned subsidiary is a recognized leader in the marketing of automotive entertainment, vehicle security and consumer electronics products. The company is number one in mobile video and places in the top ten of almost every category that it sells. Among the lines marketed by AEC are its mobile electronics products including mobile video systems, auto sound systems including satellite radio, vehicle security, and consumer electronics products such as portable DVD players, flat-panel TV's, extended range two-way radios, multi media products like MP 3 players, and home and portable stereos. The company markets its products through an extensive distribution network that includes power retailers, 12-volt specialists, mass merchandisers and an OE sales group. The company markets products under the Audiovox, Jensen, Acoustic Research, Advent, Code Alarm, Terk, Vogel's and Prestige brands. For additional information, visit our web site at http://www.audiovox.com.
Except for historical information contained herein, statements made in this release that would constitute forward-looking statements may involve certain risks and uncertainties. All forward-looking statements made in this release are based on currently available information and the Company assumes no responsibility to update any such forward-looking statement. The following factors, among others, may cause actual results to differ materially from the results suggested in the forward-looking statements. The factors include, but are not limited to, risks that may result from changes in the Company's business operations; our ability to keep pace with technological advances; significant competition in the mobile and consumer electronics businesses as well as the wireless business; our relationships with key suppliers and customers; quality and consumer acceptance of newly introduced products; market volatility; non-availability of product; excess inventory; price and product competition; new product introductions; the possibility that the review of our prior filings by the SEC may result in changes to our financial statements; and the possibility that stockholders or regulatory authorities may initiate proceedings against Audiovox and/or our officers and directors as a result of any restatements. Risk factors associated with our business, including some of the facts set forth herein, are detailed in the Company's Form 10-K for the fiscal year ended November 30, 2004 and Form 10-Q for the fiscal third quarter ended August 31, 2005.
Company Contacts
Glenn Wiener
GW Communications
Tel: 212-786-6011 or Email: gwiener@GWCco.com
Melvin Clapman
Mel Clapman Public Relations
Tel: 718-474-2528 or Email: mclapman@mindspring.com
Source: prnewswire
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