Audiovox Unveils "Insite"...Lets You Keep Your Personal Electronic Devices In Sight.
Wireless tethering solutions keep track of cell phones, laptops, cameras and more.
LAS VEGAS, Jan. 9, 2012 /PRNewswire/ -- International CES, Center Hall, Booth 10404-10415 - Audiovox Electronics Corporation (AEC), a wholly owned subsidiary of VOXX International Corporation (NASDAQ: VOXX),unveiled today its new product line called Insite...designed to help you keep your valuable electronics devices close at hand. No more leaving your smartphones, tablets or iPods®, cameras or laptops behind in restaurants, taxis or trains. Simply pair the device to you Bluetooth® enabled product or attach the signal transmitter to your valuable and turn it on. The receiver will alert you via alarm or buzz if you leave a predetermined area without your valuable electronics. There are three models; a Bluetooth separation alarm with vibrate and audible alert; a Bluetooth separation alarm with vibrating alert only, and a 433MHz RF separation alarm system with audible alert only.
"In 2011 there were sales of over a 150 million plus smartphones...there were 15 million tablets sold and roughly 50 million laptops. That's a lot of valuable electronics all with one thing in common. They are eminently losable. People leave them behind in restaurants, taxis, airports, hotels, trains and on and on. We see great market potential for this product category," said Tom Malone, President, Audiovox Electronics Corp. "For a very nominal cost with no monthly fees, consumers can keep track of their portable valuables."
The LBT805 Bluetooth wireless alarm works with any Bluetooth enable device such as cell phones, Smartphone's and tablets and alerts the user when the unit and Bluetooth enabled device become separated by Bluetooth distance of approximately of a 30 foot operating range. This device alerts you via audible alarm or vibrating notification. This system also vibrates on incoming calls and can be used to "not answer" a call if the cell phone or Smartphone is not immediately accessible. This system also has an internal rechargeable battery. The LBT805 will be available in spring of 2012, with a suggested retail price of $59.99.
The LBT505 Bluetooth wireless alarm works with any Bluetooth enable device such as cell phones, Smartphone's and tablets and alerts the user when the unit and Bluetooth enabled device become separated by Bluetooth distance of approximately of a 30 foot operating range. This device alerts you via vibrating notification only and also vibrates on incoming calls and can be used to "not answer" a call if the cell phone or Smartphone is not immediately accessible. This system also has an internal rechargeable battery. The LBT505 will be available in spring of 2012, with a suggested retail price of $49.99.
The LRF103 RF Proximeter operates on 433MHz radio spectrum. This system has an audible alarm only which activates when the two units become separates by a distance of approximately 30 feet at Lo setting and approximately of 120 feet at High setting. The LRF103 uses two button cell batteries which are included and comes with two lanyards and surface stick tape. The LRF103 will be available in spring of 2012, with a suggested retail price of $29.99.
The Insite brand is marketed by Audiovox Electronics Corporation, a wholly owned subsidiary of VOXX International Corp. (NASDAQ: VOXX).
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About Audiovox Electronics Corporation (AEC):
Audiovox Electronics Corporation (AEC) is a wholly owned subsidiary of VOXX International Corporation (NASDAQ:VOXX), a leading, global supplier of mobile and consumer electronics products. The Company holds number one market share in rear seat entertainment as well as remote start systems and is the exclusive provider of SIRIUS XM satellite radio products in the aftermarket. AEC is also a recognized leader in the marketing of automotive entertainment, rear observation, and vehicle security. Its extensive distribution network includes power retailers and 12-volt specialists as well nearly all of the major vehicle manufacturers ("OEMs"), both domestically and abroad.
Audiovox Electronics possesses a strong brand portfolio and its products ranks among the top ten in almost every category in which they sell. Primary brands include Audiovox®, Invision®, Jensen®, Omega®, Advent®, Code Alarm®, Prestige®, and Excalibur®.
Headquartered in Hauppauge, NY, Audiovox Electronics has a manufacturing facility in the United States, and a robust international footprint with offices in Europe, Canada, Mexico and Venezuela. For additional information, please visit our Web site at http://www.audiovoxproducts.com.
About VOXX International Corporation:
VOXX International Corporation (NASDAQ:VOXX). The Company that began as Audiovox over 45 years ago has morphed into a worldwide leader in many automotive and consumer electronics and accessories categories, and now into premium high-end audio. The Company's brands hold leading market positions across a wide-spectrum of consumer and automotive segments.
Today, VOXX International is a global company....with an extensive distribution network that includes some of the world's Fortune 500 companies and an international footprint in Europe, Asia, Mexico and South America, and a growing brand portfolio, which is now comprised of over 30 trusted brands including Audiovox®, Klipsch®, RCA®, Invision®, Jensen®, Acoustic Research®, Jamo®, Energy®, Mac Audio®, Magnat®, Heco®, Schwaiger®, and Oehlbach®. The Company continues to drive innovation throughout all of its subsidiaries, and maintains its commitment to exceeding the needs of the consumers it serves. For additional information, please visit our Web site at http://www.voxxintl.com.
Safe Harbor Statement
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 accessories 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 VOXX International Corporation 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, 2011.
Audiovox Contacts:
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Jeremy Stoehr Mary Kate Joyce, Marina Maher Communications
Phone: 1-631-436-6371 Phone: 1-212-485-6865
Email: jstoehr@audiovox.com Email: mkjoyce@mahercomm.com