Audiovox Corporation Announces Launch of New, Enhanced Corporate and Investor Relations Website
- Ability to Purchase Products Online to Create New Revenue Streams -
HAUPPAUGE, N.Y., April 10 /PRNewswire/ -- Audiovox Corporation (Nasdaq: VOXX - news), an international leader in the marketing of wireless, automotive entertainment and consumer electronics products today announced the successful launch of its new, enhanced corporate Web site at audiovox.com.
The new site offers visitors the ability to browse through over 900 of Audiovox's products, throughout all its product lines. The previous site showcased only 250 products. The new site has been designed to provide consumers, the company's wholesale customers, strategic partners, and investors with more relevant information including product features, education pages, frequently asked questions, warranty cards, product registrations and a glossary of terms. Visitors will also find owners' manuals and installation guides on many of the company's more popular products as well as be able to receive interactive customer service support. E-commerce for direct purchase from Audiovox will be available on a select number of accessory items.
John J. Shalam, Chairman, President and CEO of Audiovox Corporation, said, ``With the launch of our new and enhanced Web site, we believe we have given the public a great way to learn more about our company and our products. In addition, by offering e-commerce on select accessory products, we will be adding a new revenue stream to our operation.' Shalam further stated, ``In the Investor Relations area specifically, we have added a substantial number of options which we hope will enable interested investors to get the information they need quickly and efficiently. Finally, we are in Beta testing with the Intranet portion of this new Web initiative. This new Intranet will provide our customers and our employees greater access to each other and to pertinent information and should increase productivity and efficiency.'
Products on the new site are broken down into broad categories that include: wireless telephones, cordless telephones, remote starters and car security, automotive sound, power inverters, mobile video, Web related products (MP3), cruise control, personal and portable home stereos and theatre systems, and FRS two-way radios. These categories are further segmented by brand, since the company markets certain product categories under multiple brands.
E-commerce direct purchase options will be available for selected products that initially include accessories for wireless handsets as well as replacement transmitters for Audiovox security systems.
In conjunction with the new corporate Web site launch, the company announced a new investor relation's site, which has been created to provide real-time and historical information regarding the company's operations and financials. Features included in the investor relations section include: stock price performance, shareholder information, corporate profile, corporate governance, company fundamentals, news releases, analyst coverage, earnings estimates, downloadable (PDF) annual report, SEC filings, frequently asked questions, corporate presentations, audio archives, as well as a calendar of corporate and financial related activities. Additionally, investors will now have the ability to order information from the company online and receive email alerts on earnings announcements etc.
Audiovox Corporation is an international leader in the marketing of cellular telephones, auto sound, vehicle security, mobile video systems, and consumer electronics products. The Company conducts its business through two separate marketing groups and markets its products both domestically and internationally under its own brands. It also functions as an OEM (Original Equipment Manufacturer) supplier to several customers. For additional information, please visit Audiovox on the Web at audiovox.com.
Except for historical information contained herein, statements made in this release that would constitute forward-looking statements may involve certain risks such as our ability to keep pace with technological advances, significant competition in the wireless, mobile and consumer electronics businesses, quality and consumer acceptance of newly introduced products, our relationships with key suppliers and customers, market volatility, non-availability of product, excess inventory, price and product competition, new product introductions and other risks detailed in the Company's registration statement on Form S-3, dated February 2, 2000 and in the Company's form 10K for the fiscal year ended November 30, 1999. These factors, among others may cause actual results to differ materially from the results suggested in the forward-locking statements.
SOURCE: Audiovox Corporation |
