HAUPPAUGE, N.Y., Aug. 22, 2016 /PRNewswire/ -- VOXX Advanced
Solutions (VAS), a wholly-owned subsidiary of VOXX International
Corporation (NASDAQ: VOXX), announced today the Company has entered
into a strategic partnership with Striiv whereby VOXX Accessories
Corporation and VOXX German Holdings exclusively distribute the
Striiv line of wearable fitness and activity trackers in
North America and
Europe. This announcement provides VOXX with the opportunity
to gain entrée into the Wearable Technology space, estimated to be
worth $34 billion by
2020*. Expansion into this category builds on the
Company's strategy to partner with technology leaders in areas that
provide strong growth potential through its existing distribution
channels, as well as opportunities to penetrate new channels and
markets.
"We are very excited at the opportunity to enter into this
rapidly growing category with Striiv. Partnering with
Striiv brings together their advanced technology with our
well-established distribution networks, experienced sales teams and
logistics efficiencies developed over many years. Together,
we can capitalize on our combined strengths to fully develop the
retail channel and capture a share of this dynamic market," said
Tom Malone, President of VOXX
Advanced Solutions Corporation. "We share Striiv's vision and
commitment to bring health and fitness devices to consumers at
retail, but we also see this market as having an even greater
growth potential within the corporate wellness and healthcare
fields nationwide."
Striiv, a leading supplier of advanced activity and fitness
trackers has developed a line of products that automatically
monitors personal activity and sleep metrics simply by wearing the
tracker. Users get a clear picture of their health with
continuous and resting heart rate monitoring, and are able to track
sleep quality and activity levels throughout the day. New
product features help to improve healthy habits by enabling users
to create and manage a journal of meaningful behaviors directly on
their tracker. This includes inputting and monitoring diet,
weight, hydration and medication directly from the wrist and
viewing how well the user is committed to their goals.
Consumers can also stay connected through a full-featured
smartwatch that receives alerts for Caller ID, text messages and
all their favorite apps, without ever taking out their
smartphone.
"As the wearables category continues to expand into the
mainstream market, our strategic partnership with VOXX enables us
to scale and expand with the U.S. and international markets like
never before," said David Wang, CEO
of Striiv. "We have been searching a long time for the right
partner with the depth and breadth of consumers that VOXX brings to
the table."
The partnership between VOXX and Striiv introduces three new
trackers into the market: The Fusion2, Fusion Bio2 and Fusion
Lite. These latest devices are packed with various innovative
features and coaching capabilities and are available with a newly
designed soft silicone band with a curved touch screen, a
waterproof USB internal charging port, and extended battery life up
to 7-30 days (depending on model type) -- all at an affordable
price.
Fusion2 – this advanced activity tracker monitors sleep
quality and activity levels throughout the day. Users can
simplify their journal entries regarding diet, weight, hydration
levels and medications by inputting updates right on their
tracker. Plus, they can stay connected with the most useful
smartwatch alerts for Caller ID, text messages, app notifications
and meeting reminders directly from their wrist.
Fusion Bio2 – this advanced activity tracker is for those
who want it all. In addition to all the same great features
offered in the Fusion2, consumers get a clear picture of their
health with continuous heart rate tracking, even while exercising
and sleeping. The device offers deeper insights into resting
and active heart rates, with over 50,000 samples provided per
day.
Striiv Fusion Lite – this activity and sleep tracker
delivers all the essential activity tracking features users need,
while also keeping them connected to phone call alerts directly
from their wrist.
These models will be available late summer 2016 for an MSRP of
$79.99, $99.99, and $59.99
respectively.
*Forbes, Wearable Tech Market To Be Worth
$34 Billion By 2020
For more information about Striiv, please visit
www.striiv.com.
For more information on becoming a VOXX Accessories Dealer in
the US, please visit www.voxxelectronics.com/become-dealer.
Like us on our Facebook Page: Striiv
Subscribe to our YouTube Channel: Striiv
About VOXX International
Corporation:
VOXX International Corporation
(NASDAQ: VOXX) has grown into a worldwide leader in many
automotive and consumer electronics and accessories categories, as
well as premium high-end audio. Today, VOXX International
Corporation has an extensive distribution network that includes
power retailers, mass merchandisers, 12-volt specialists and most
of the world's leading automotive manufacturers. The Company
has an international footprint in Europe, Asia,
Mexico and South America, and
a growing portfolio, which now comprises over 30 trusted brands.
Among the key domestic brands are Klipsch®, RCA®, Invision®,
Jensen®, Audiovox®, Terk®, Acoustic Research®, Advent®, Code
Alarm®, Car Connection®, 808®, AR for Her®, and Prestige®.
International brands include Hirschmann Car Communication®,
Klipsch®, Jamo®, Energy®, Mirage®, Mac Audio®, Magnat®, Heco®,
Schwaiger®, Oehlbach® and Incaar™.
For additional information, please visit our Web site at
www.voxxintl.com.
VOXX International Contact:
Larissa
Bertolotti
Phone: (631)
436-6408
Email: LBertolotti@voxxintl.com
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SOURCE VOXX International Corporation