PRESS RELEASE: Audiovox Takes Digital Picture Frames to the Next Level
New Celebration Series, Décor Series and Virtual Matting Concepts Lead 2010 Offerings
LAS VEGAS – January 6, 2010 – International CES, Booth 11006-10506 – Audiovox Corporation (NASDAQ: VOXX) today announced two unique applications to its digital picture frame line that expand functionality and provide dealers with new profit opportunities.
The Décor Series will match any décor right out of the box because consumers can “Build Their Own Frame!” It’s designed with a removable wood frame that can be easily replaced with nearly any 8x10 inch standard photo frame. The Company conducted testing and found that the majority (roughly 85%) of standard 8x10 ready-made frames are compatible. The “Virtual Matting” concept allows consumers to either digitally customize the photo mat using pre-selected options right in the frame, or the ability to use any personal photo to create custom matting. The Décor Series should also make a great gift item, since worrying about matching a specific décor is no longer part of the equation.
The eight-inch, Décor Series, DPF8100 digital photo frame, utilizes a LCD display and comes with a unique adapter plate, built from strong molded plastic material that allows consumers to easily install virtually any 8x10 picture or metal sectional frame. The adapter contains an innovative auto catch-lock mechanism that will lock the two pieces together without the use of any tools and includes the necessary hardware. The DPF features high-resolution (Digital 800x600), a 4x3 aspect ratio, automatic video & slideshow creation via Muvee Reveal software, and includes a built-in clock and calendar, USB and a remote control. Manufacturer’s Suggested Retail Price (MSRP): $129.99.
The other model in the Décor line is the DPF8300, an eight-inch digital picture frame with Virtual Matting capabilities that will provide consumers with infinite color, texture and image options. The DPF features high-resolution (Digital 800x600), 4x3 aspect ratio, and includes a built-in clock and calendar, USB and a remote control. MSRP: $129.99.
Audiovox's Décor series picture frame.
Photo provided by Audiovox Corp.
The Celebration Series is just what the name implies. These digital picture frames are not frames at all, but portable photo albums that bring pictures to life. Featuring leather covers, these frames look more like elegant books than photo frames. They have been designed to celebrate special moments like a wedding or birth, graduation or retirement. There’s even a model that includes an embossed cover noting the occasion. The book-clasp doubles as a stand and the built-in rechargeable battery supports more than one hour of playing time.
“These two product lines bring true flexibility to digital photo frames. The Décor series allows consumers to change the frames and customize with Virtual Matting as tastes change without having to buy new electronics. The Celebration Series lets consumers remember the important dates in life by turning a DPF into a portable photo album. These new lines will illustrate how Audiovox, through innovative product development, give dealers another profit opportunity in the DPF market,” said Tom Malone, president, Audiovox Electronics Corporation.
The seven-inch, Celebration Series, DPF7407 photo frame utilizes a TFT LCD display and comes in black or white with an embossed cover. The DPF features high-resolution (Digital 480x234), a 16x9 aspect ratio, automatic video & slideshow creation via Muvee Reveal, and includes a built-in clock and calendar, USB and a remote control. MSRP: $129.99.
Audiovox's Celebration series photo album.
Photo provided by Audiovox Corp.
“And these lines are not just a pretty face. The models have full compatibility for your entire media card needs (SD/MMC/MS/MS pro), internal memory of 128MB and will support JPEG, MJPEG to playback videos, photos, or music. Even without the unique frame concepts they are quality offerings for consumers,” said Malone.
Other models in the Celebration Series include the DPF7404 4.3-inch digital picture frame design dedicated to special occasions. The unit features automatic video and slide show creation via Muvee Reveal software, and a built-in battery with more than one hour of playback and built-in speakers.
For the latest news on our consumer products from Audiovox, visit www.audiovoxconsumer.com.
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Audiovox (NASDAQ:VOXX) is a recognized leader in the marketing of automotive entertainment, vehicle security and remote start systems, consumer electronics products and consumer electronics accessories. 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 Audiovox are its mobile electronics products including mobile video systems, FLO TV, Mobile Video + PlayStation 2 systems, auto sound systems including satellite radio, vehicle security and remote start systems; consumer electronics products such as MP3 players, digital camcorders, DVRs, Internet radios, clock radios, portable DVD players, multimedia products like digital picture frames and home and portable stereos; consumer electronics accessories such as indoor/outdoor antennas, connectivity products, headphones, speakers, wireless solutions, remote controls, power & surge protectors and media cleaning & storage devices; Energizer®-branded products for rechargeable batteries and battery packs for camcorders, cordless phones, digital cameras and DVD players, as well as for power supply systems, automatic voltage regulators and surge protectors. 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, RCA, Jensen, Acoustic Research, Energizer, Advent, Code Alarm, TERK, Prestige and SURFACE 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, 2009 and in its most recent Form 10-Q filing with the Securities and Exchange Commission.
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(First posted on Monday, January 11, 2010 at 15:14 EST)