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Audiovox heralds in 4 new XM receivers


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#1 of 1 ONLINE   Ronald Epstein

Ronald Epstein

    Studio Mogul



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Posted January 07 2005 - 04:03 AM

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)

 

Ronald J Epstein
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