HAUPPAUGE, N.Y., July 22,
2014 /PRNewswire/ -- VOXX Electronics Corp (VEC), a
wholly-owned subsidiary of VOXX International Corp. (NASDAQ: VOXX),
today announced the Company has entered into a distribution
agreement with Guangdong Steelmate Security Co., Ltd
(Steelmate) whereby Steelmate will supply to VOXX Electronics
on an exclusive basis their full line of collision avoidance and
advanced automotive accessories for the company's automotive
brands. In addition, under the terms of the agreement, VOXX
Electronics Corporation has the option to distribute select
products under the Steelmate brand should marketing needs or
channel management dictate it.
The first products to hit the market under this agreement
include the DVR 700 In-Vehicle Dashboard Event Video Recorder that
mounts on the windshield just behind the rear view mirror and
records continually so you can record interesting, fun experiences
during your travels as well as any accidents or fender benders you
may encounter. Should you have an accident, G sensors in the
camera automatically lock the currently recorded section from 10
seconds prior to 10 seconds after the incident so that the key
video segment cannot be erased or recorded over thus giving you a
permanent record of the event.
Other new Collision Avoidance products from the Steelmate
manufacturing agreement include the Company's latest parking assist
systems -- the PSB110, a 4 sensor complete system with
buzzer including 3 stages of audible beep to indicate distance and
the PSB120, a 4 sensor system with dual color LED Display
also including 3 stages of audible beep to indicate distance as
well as a digital distance display.
"As a leader in the 12-Volt aftermarket, VOXX is always looking
to expand product offerings to meet consumer demand for new
technologies. Steelmate is a respected supplier of Advanced
Accessory products with an emphasis on driving safety that is
clearly a consumer hot button," said Tom
Malone, President, VOXX Electronics Corp. "This new
agreement will allow us to bring additional products into our newly
introduced Advanced Driver Assistance System line giving our retail
partners additional profit opportunities and satisfying the
consumer's desire for safety products."
The Steelmate brand will be available to VOXX Electronics
Corporation, a wholly owned subsidiary of VOXX International Corp.,
(NASDAQ: VOXX) should the company have a circumstance where they
would use it.
For more information on the complete line of Audiovox Collision
Avoidance products please visit: www.audiovoxproducts.com
For more information on becoming an Audiovox Dealer in the US,
email us at newaccounts@audiovox.com.
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About VOXX Electronics Corporation (VEC):
VOXX Electronics Corporation (VEC) is a wholly-owned subsidiary
of VOXX International Corporation (NASDAQ: VOXX), a leading, global
supplier of mobile and consumer electronics products. VEC is
a recognized leader in the marketing of automotive entertainment,
Location Based Services (LBS), rear observation systems, and
vehicle security. Its extensive distribution network includes
power retailers and 12-volt specialists as well as nearly all of
the major vehicle manufacturers ("OEMs"), both domestically and
abroad.
VOXX Electronics possesses a strong brand portfolio and its
products rank among the top ten in almost every category in which
they sell. Primary brands include Audiovox®, Invision®, Jensen®,
Car Connection, Omega®, Advent®, Code Alarm®, Prestige®, Pursuit®
and Excalibur®. For additional information, please visit our
Web site at www.audiovoxproducts.com.
About VOXX International Corporation:
VOXX International Corporation (NASDAQ: VOXX) is the new name
for Audiovox Corporation, a company that was formed over 45 years
ago as Audiovox that 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 is
a global company…with 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. For additional information, please visit our
Web site at www.voxxintl.com.
VOXX Electronics Contact:
Larissa
Bertolotti
Phone: (631)
436-6408
Email: LBertolotti@voxxintl.com
SOURCE VOXX International Corporation