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Versitle New Headrest System Leads 2008 MOVIES2GO Line From Audiovox
Categories: Industry News Multimedia Systems Monitors
VERSITLE NEW HEADREST SYSTEM LEADS 2008 MOVIES2GO LINE
Las Vegas, NV - January 7, 2008 - Audiovox Corporation (NASDAQ: VOXX). Audiovox Corporation today announced the newest addition to its popular Movies2Go mobile video line, its most versatile system ever. Its system has been designed with universal appeal and includes interchangeable headrest covers in black, tan and gray and headrest posts that adjust to fit any vehicle....plus it has the option to be hardwired into the vehicle power supply or plugged into the vehicles 12-volt power connector. The system includes two replacement headrests with integrated 7-inch LCD color monitors, one with integrated DVD player. The system also includes two wired headphones, a wireless remote control, and complete cabling for the do-it-yourself installer. Model MMD/7HRPKG carries a MSRP of: $899.00.
Audiovox Electronics Corp. president Tom Malone notes, "Our Movies2Go value mobile video line has always provided the consumer with the best feature set at the most affordable price. This year's line up raises the bar on feature sets including the most universal headrest system on the market today and a number of larger screen formats for our drop downs. The new headrest system installs in virtually any vehicle with replacement headrests, adjustable posts to fit most seat sizes and two wiring options...a plug in or hard wire. This system is truly right for anyone."
Rounding out the 2008 line up are four new models that range from drop-down monitors, some with built-in DVD players, to sun visor LCD screens and headrest systems.
MM170R is a 17-inch raw cut in screen, A/V inputs accommodate video media sources and VGA compatibility allows for use as a computer monitor. Integrated mounting frame allows for simple installation into a vehicle. Wireless remote control included. MSRP: $599.00.
The MMD11 is an 11-inch overhead monitor with integrated DVD player, 15-channel FM modulator, wireless remote control and dome light. It comes with exchangeable covers in shale and pewter MSRP: $599.00.
MMD100 Overhead Monitor with 10.2-inch color screen, integrated DVD player and FM modulator. Wireless remote control and dome lights included. MSRP: $499.00.
MMD850 Overhead Monitor with 8.5-inch color screen and integrated DVD player. Wireless remote control and dome lights included. MSRP: $399.00.
Malone concluded, "Staying on top of the market takes dedication and commitment not only to the technology but also to the consumer whose demographics can be widely varied. We have done that with Movies2Go by Audiovox, which is a best-seller among a variety of retailers from coast-to-coast because it marries quality, technology and affordability."
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Audiovox (Nasdaq:VOXX) 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 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 February 28, 2007 and Form 10-Q for the fiscal first quarter ended May 31, 2007.
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