Press Release Summary:
Compatible with CD, CD-R, CD-RW, and MP3, Model VE1020 features 10.2 in. LCD, under-counter/on-counter detachable screen, hands-free telephone, and 125-channel cable-ready tuner. Model VE750 is a 7 in. LCD TV that also plays CD, CDR, CDRW, MP3, and DVD. Slim-line Model VE700 offers 7 in. LCD, under-counter/on-counter detachable screen, and hands-free telephone. All include LCD clock with alarm, AM/FM radio, AV/TV Select, and credit card-size remote control.
Original Press Release:
Audiovox Introduces New Under-The-Counter TV's
Larger Screens, Convenience Features Designed to Boost Dealer Profits
Las Vegas NV - January 2004 - Audiovox, the leader in the Under-Counter TV market has launched its newest ultra slim 10.2-inch drop-down TV. "The VE 1020 is our most feature-packed system ever with a built-in slot-load DVD player, built-in LCD clock with alarm, built-in AM/FM radio, built-in hands-free telephone, 125-channel cable-ready tuner and remote control. The system is compatible with CD, CD-R, CD-RW, and MP3 and you get all that for an MSRP of $799.00," said Ralph Etna, Consumer Products VP of Audiovox Electronics Corporation (NASDAQ: VOXX).
"We were one of the first in this industry, building on our mobile video experience and transferring it to the home and we continue to lead the way. Our newest unit is packed with value added features and is a far cry from where this industry started with a simple kitchen TV. The popularity of our systems caught on quick thanks to the "drop down" engineering, common in vehicles, that let us develop the kitchen TV without the loss of counter space. But we didn't stop there. On subsequent models we added features like FM radio for music and news and now CD and DVD capability, a hands-free phone and built in LCD Clock," Etna continued.
Almost as quickly as the features on these systems increased so too did their uses. Now under counter TV's have made their way into the den, the workshop and the study any place where space is at a premium. The product is also big among the college crowd, providing TV in tight dorm rooms.
Now, Audiovox has three more new models:
o The VE1020 - A 10.2-inch LCD, featuring built-in DVD player, Under-Counter/On-Counter detachable screen, built-in LCD clock with alarm, AM/FM stereo radio, memo recorder and hands-free telephone. Other features include Auto programming, AV/TV Select (TV/Video-Video 1/Video2), and credit card-size remote control with magnetic mount. Plays CD, CDR, CDRW, MP3 and DVD. Contemporary styling, ultra-slim. MSRP: $799.00.
o VE750 - A 7-inch LCD, featuring built-in DVD player, built-in LCD clock with alarm, and AM/FM stereo radio. Other features include Auto programming, AV/TV Select (TV/Video-Video 1/Video2), and credit card-size remote control. Plays CD, CDR, CDRW, MP3 and DVD. Contemporary styling. MSRP: $499.00.
o The VE700 - A 7-inch slim-line LCD, featuring an Under-Counter/On-Counter detachable screen, built-in LCD clock with alarm, AM/FM stereo radio and hands-free telephone. Other features include Auto programming, AV/TV Select (TV/Video-Video 1/Video2) and credit card-size remote control with magnetic mount. Contemporary styling, ultra-slim.
Audiovox Electronics Corporation (AEC) is a wholly owned subsidiary of Audiovox Corporation (Nasdaq:VOXX). AEC is a recognized leader in the marketing of automotive entertainment, vehicle security and consumer electronics products. The company is number one in mobile video and places in the top ten of almost every category that it sells. Among the products marketed by AEC are mobile video systems, portable DVD players, flat-panel TV's, auto sound systems including satellite radio, vehicle security, and consumer electronics products such as extended range two-way radios, multi media products like MP 3 players, and home and portable stereos. 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, Jensen, Acoustic Research, Advent, Code Alarm and Prestige brands. For additional information, visit our web site at www.audiovox.com.