2011 CEA Innovation Honoree Award Winner
LAS VEGAS, Jan. 5, 2011 /PRNewswire/ -- International CES, Center Hall, Booth 10406-10418 -- Audiovox Corporation (Nasdaq: VOXX) today announced the introduction of the industry's first automotive Blu-ray Disc player that plays any Blu-ray Discs as well as traditional DVDs and CD Audio Discs.
"We developed the AVDBR1 in response to the consumer preference for Blu-ray Discs in their home entertainment systems. This mobile solution will allow them to maintain a single video collection that works both in the vehicle and at home," said Tom Malone, President of Audiovox Electronics Corporation.
The AVDBR1 is installed under the seat or in a storage compartment in the vehicle and connects to any monitor by using either the HDMI, composite or component output.
The unit has been road tested to tolerate the vehicle's environment and its small size allows for multiple horizontal and vertical mounting options in the vehicle. A blue accent light is used to illuminate the slot load disc area and button array. The unit is powered from a 2-pin, 12-volt connector to the vehicle's accessory power source and comes with a full function wireless IR remote control. An 18 foot long IR extension is also included to allow for operation of the system via remote control, while the unit is concealed, under a seat, storage compartment, trunk, or cargo area. The infrared sensor will accept the IR commands from a remote and relay it back to the unit. Note: WiFi capable – for wireless media streaming (firmware upgrade available 2011). Manufacturer's Suggested Retail Price (MSRP): $349.99. This unit will be available in the spring of 2011.
"There are more than 1,600 Blu-ray titles and over 190 BD-Live content titles available in the United States today and Blu-ray content will continue to grow every year. Once again we believe we will lead the way in mobile entertainment by providing consumers with a product that connects their home lifestyle to their mobile environment," Malone concluded
For more information on Audiovox's Mobile Entertainment product line, please visit www.mobile.audiovox.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, 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, Advent, RCA, Jensen, Acoustic Research, Energizer, Code Alarm, Invision, Prestige, Schwaiger, SURFACE and Terk brands. For additional information, visit our Web site at www.audiovox.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 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, 2010 and in its most recent quarterly filing with the Securities and Exchange Commission (SEC).