This was taken off Prodigy and was a post from Burt.
The second known European distributor was announced today.
Norris Communications signs European distributor for Flashback
MobileOfficeSAN DIEGO--(BUSINESS WIRE)--Aug. 12, 1996--Norris
Communications Corp. (NASDAQ:NORRF) Monday announced that it has
signed a distribution agreement with Pocket Power Business News of
Milan, Italy.
Under the agreement, Pocket Power will market the Flashback
Mobile Office through the Pocket Power catalog, place the product in
180 franchised Power Pocket stores located throughout Italy, and
sell the product in 2,500 additional retail outlets that carry
Pocket Power goods.
The Flashback Mobile Office by Norris Communications consists of
a patented hand-held digital voice recorder with removable, reusable
flash memory cartridges, plus a PC card adapter for downloading
voice memos or messages into a computer.
A simple, two-button operation permits half-speed or twice-speed
playback without changing the voice pitch, and the ability to insert
or edit out whole words, sentences or paragraphs with 18-minute or
36-minute recording capacity.
"We are convinced that the Italian consumer electronic market is
about to embrace the Flashback Mobile Office," said Bob Root, CEO
and president of Norris Communications.
"This distribution agreement with Pocket Power will deliver
exceptional exposure for the Flashback Mobile Office through 300,000
Pocket Power catalogs, its franchised stores, Pocket Power boutiques
in independent retail outlets, and in its joint venture with Italian
TV, leading to a significant number of units being sold throughout
Italy."
Established in 1993, Pocket Power had revenues of $5 million in
1995. It is the exclusive distributor in Italy of items from The
Sharper Image and Brookstone and carries such various items as voice
organizers, electronic message pads, pencorders and cardcorders,
laser pointers and other high-end, high-quality electronic products.
San Diego-based Norris Communications develops, manufactures and
markets sophisticated electronic audio and data storage
products.Norris markets its products directly to OEMs and sells
Norris-branded products through resellers to end users. Norris
Communications' founder holds more than 100 patents for a wide
variety of electronic technologies.
For further information, contact Norris Communications at
619/679-1504 or norriscomm.com. --30--MEW/la* AT/la
CONTACT: Norris Communications Corp., San Diego
Sue Spiner, 619/679-1504
In the past 2 years this dist. sold over 30,000 Voice-Its. This firm
believes FlashBack & VoiceLink is a potentially much greater market
for them. Believe we will be hearing similar type of news from
France and Germany about dist. agreements in ea. country.
This is my comment:
With this Dist. we have sold at least 2680 units. One per store at least. Sales thru catalog is a plus. 2680 @ $275.00 = $737,000.
The unit sales price is a guess on my part. May be more.
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