HAUPPAUGE, N.Y., Nov. 13, 2017 /PRNewswire/ -- VOXX International
Corporation (NASDAQ: VOXX), a leading manufacturer and distributor
of Automotive, Consumer Electronics and Accessories, and Premium
Audio products is pleased to announce its expanded membership with
The Wireless Speaker and Audio (WiSA™)
Association.
In 2014, VOXX's Klipsch brand became a founding member of The
WiSA Association and at the 2015 Consumer Electronics Show, debuted
its first Reference Premiere Wireless Home Theater speakers. Since
then, Klipsch has launched several products, leveraging this
partnership and utilizing the WiSA compliance test specification to
deliver premium audio products to its loyal worldwide consumers.
Given WiSA's expansion both in the home theater industry and across
various channels and markets, VOXX International Corporation has
expanded this alliance to now include all global brands.
Pat Lavelle, President and Chief
Executive Officer of VOXX stated, "Our Klipsch brand has
experienced significant success through our WiSA alliance and we
look forward to leveraging this further with other leading audio
products in our portfolio, including 808® Audio, Acoustic
Research®, RCA®, Magnat®, Mac Audio®, and Heco®, as well as other
brands which incorporate audio technologies. By expanding our
partnership with WiSA, we will be in a better position to leverage
WiSA's resources and technological capabilities, while broadening
potential distribution channels on a global scale. We look forward
to working more closely with the association to enhance our
offerings and delivering best-in-class solutions for our customers
and retail partners."
The audio industry has been evolving, working to improve the
home theater experience, delivering high-performance sound,
features and designs, delivering new wireless, Bluetooth and
multimedia streaming solutions to consumers who covet this at
affordable prices. Ensuring interoperability has been critical and
WiSA is at the heart of this movement. Today, The WiSA Association
consists of more than 30-member brands, including the world's top
manufacturers and resellers of audio products, who remain devoted
to developing and promoting the adoption of WiSA-certified products
worldwide.
"VOXX is such an important component of the consumer
electronics and high-end audio marketplaces both nationally and
internationally," said Tony Ostrom,
president of WiSA. "The potential for certified product offerings
is endless, and we look forward to working with them to make
interoperable audio products that span the company's portfolio. As
our member roster grows, so does the potential for consumers to
create the perfect home theater experience by selecting the
products and brands that are right for them, their goals, and their
environment."
About VOXX International Corporation
VOXX
International Corporation (NASDAQ: VOXX) has grown into a
worldwide leader in the Automotive, Consumer Electronics, Consumer
Accessories and Premium Audio industries. Today, the Company has an
extensive distribution network that includes power retailers, mass
merchandisers, 12-volt specialists and many of the world's leading
automotive manufacturers. The Company has an international
footprint and a growing portfolio, which comprises over 30 trusted
domestic and global brands. Among the Company's brands are
Klipsch®, RCA®, Invision®, Jensen®, Audiovox®, Terk®, Acoustic
Research®, Advent®, Code Alarm®, Car Connection®, 808®, AR for
Her®, Prestige®, EyeLock, Jamo®, Energy®, Mirage®, Mac Audio®,
Magnat®, Heco®, Schwaiger®, and Oehlbach®. For additional
information, please visit our Web site at www.voxxintl.com.
About the Wireless Speaker and Audio (WiSA™)
Association
Established in 2011 and headquartered in
San Francisco, California, the
Wireless Speaker & Audio (WiSA™) Association is an
industry group dedicated to bringing the industry's only fully
interoperable, high resolution, multi-channel wireless audio
capability to consumer and professional products. The Association
is responsible for developing technical specifications, performing
interoperability compliance testing of WiSA-certified products,
supporting members with marketing campaigns and promoting the broad
adoption of WiSA product interoperability. For more information
about the WiSA Association, visit www.wisaassociation.org.
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 statements. 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 automotive,
premium audio and consumer accessories businesses; 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; foreign
currency fluctuations and concerns regarding the European debt
crisis; restrictive debt covenants; 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, 2017.
Company Contact:
Glenn Wiener, President
GW Communications
Tel: 212-786-6011
Email: gwiener@GWCco.com
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SOURCE VOXX International Corporation