KLGG Klegg Electronics Inc (CE)

Klegg Electronics announced today that CircuitCity.com has become the newest retailer to add the NetDisk, to their roster of products. The NDU10-250, NDU10-400, and NDU10-500 feature 250, 400 and 500 Gigabytes of storage respectively. The products are available for sale online at www.circuitcity.com. Klegg recently announce the acquisition of the NetDisk line from Ximeta Inc. The NetDisk is an external storage device embedded with NDAS technology, which allows for the direct connection to any network without the need for IP configurations or expensive servers. The NetDisk plugs directly to an Ethernet router or switch enabling high speed access for all devices on a wired or wireless network. The NetDisk allows easy backup or expansion through software features that allow Mirroring (RAID 1), Aggregation or RAID 0. Simply connect another NetDisk storage device and follow easy instructions to increase storage capacity or create an automatic copy of your primary NetDisk unit. Each NetDisk has a unique hardware ID and access keycodes which allow you to specify which computer users have read and write access, read access only or even no access to NetDisk. Since NetDisk requires no TCP/IP setting, the unit is invisible and safe from external hackers. Symantec backup software is also included for added security. In addition to Circuitcity.com the NetDisk can be found at Fry�s Electronics, J&R, CompUSA, Tiger Direct , CDW and many others. Suggested retail prices begin at $169.00 for a NetDisk with 250 Gigabytes of storage. The Netdisk is fully compatible with the NDAS-enabled Klegg Media Center TV, allowing for limitless storage of Music, Movies and Recorded TV. In addition to the NetDisk, Klegg is expecting to release several new NDAS enabled products this quarter. About Klegg Electronics, Inc. Klegg Electronics, Inc. (Pink Sheets: KLGG)is a manufacturer and distributor of high quality consumer electronics. Klegg Electronics has focused on designing a variety of products that work seamlessly together within the home. Klegg produces consumer electronic products that are designed to share and store data centrally by using NDAS technology. The corporation is headquartered in Las Vegas, NV. Safe Harbor Statement This press release contains forward-looking statements within the meaning of the federal securities laws, including, without limitation, statements regarding the following: the reverse stock split and the impact and effects of the reverse stock split of Klegg Electronics are based on management's expectation at the time they are made. Where possible, the company has tried to identify these forward-looking statements by using words such as "anticipates," "believes," "intends," or similar expressions. These statements are subject to a number of risks, uncertainties and other factors that could cause actual events or results in future periods to differ materially including, without limitation, the following: the failure of the reverse stock split to adjust the market price of Klegg's common stock; the failure of the reverse stock split to attract new investors; Klegg's ability to successfully develop and introduce new products; possible delays in the products and technologies developed; the failure of the reverse stock split to contribute to the creation of shareholder value; Klegg's ability to compete with existing and future competitors; the ability of Klegg's management team to continue to execute and manage Klegg's inventory and expenses. All forward-looking statements made in this press release are made as of the date hereof, and Klegg assumes no obligation to update the forward-looking statements included in this news release whether as a result of new information, future events, or otherwise. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements.