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Audiovox heralds in 4 new XM receivers
Thursday January 6, 8:01 am ET
The Company Reinforces Its Position in the Satellite Radio Market by Acquiring Satellite Radio and High Definition Related Technologies of Terk Technologies Corp.
HAUPPAUGE, N.Y. and LAS VEGAS, Jan. 6 /PRNewswire-FirstCall/ -- Tom Malone, Senior VP, Sales of Audiovox Electronics Corporation (AEC), a wholly owned subsidiary of Audiovox Corporation (Nasdaq: VOXX - News) announced today the introduction of four XM satellite radio models, saying that these products would expand the sales and profit options in satellite radio for Audiovox's retailers. Malone also announced that AEC, in December, signed a letter of intent to acquire certain assets comprising the business of Terk Technologies Corp., a leading provider of satellite radio receivers and digital antenna products. The Company has an agreement in place to provide existing and develop future car stereo aftermarket products for XM.
The competition among the two satellite radio companies has given this emerging format an expanded public awareness. Both companies continue to sign personalities to enhance their content options, the most recent for XM being Opie and Anthony. "We are enthusiastic about being part of the XM solution, and feel that the continuing growth of this medium will result in a successful partnership between Audiovox and XM," said Malone.
The new XM Models are:
Receiver XR9 Receiver featuring a digital
wireless FM transmitter with 14 built-in
selectable frequencies, small low-
profile design, large 6-line LCD display
with blue backlighting. Other features
include memory capture which stores 24
favorite songs and when activated will
search all incoming channels for those
songs, listing and search-ahead
capability by channel name, artist name,
or song title, scrolling sports scores
and stock ticker and time-based
functions including on-screen clock,
alarm and sleep timer. MSRP: $99.
Docking Stations XC9 Mobile Dock: Features include sleek,
low-profile, adjustable mounting
bracket, small magnetic roof-mount
antenna, cigarette lighter power
adapter, 3.5mm jack for direct connect
to aftermarket radios via RCA input*.
MSRP: $49.99 * SATRCA needed.
XH9 Home Dock: A counter-top, desktop
docking station featuring AC-DC power
adapter, RCA adapter cables and
adjustable indoor-outdoor antenna with
21-foot cable. MSRP: $49.99.
Boom Box XB9 BoomBox: The "take-anywhere" answer
for satellite radio service wherever
it's needed. Works as a portable with 8
D-cell batteries or indoors with
supplied AC-DC power adapter. The unit
also has a built-in charging circuit
that can be used with off-the-shelf
rechargeable batteries. Features Class-D
amplification for enhanced sound
reproduction, digital volume control
with remote volume capabilities and Aux
input for MP3 (or other peripherals)
hookup. Additional features include
headphone output. LED indicator for
power On and Low Battery alert.
Integrated antenna with 21 feet of cable
is removable when BoomBox is used
indoors. MSRP: $99. (Available Early
2005)
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