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January 2001
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Audiovox corporation announces technology enhancements for its FRS product lines, with built in GPS.
N.Y., Jan. 10 -- Audiovox Corporation announced that its wholly-owned subsidiary, Audiovox
Electronics Corporation will expand its presence in the FRS market through the introduction of three new products including one with built in GPS. The GMRGPS is the company's first combination two-way radio and GPS unit. It features 7/38 channels of FRS and 8/38 channels of GMRS. With 2 watts of power and its 5-mile range, the GMRGPS is ideal for hunters, campers and hikers -- any outdoor enthusiasts who want step up features. Accessories for the GMRGPS include a desk-top rapid charger that can deliver a charge in 3 hours and a GMGP-PK starter pack consisting of a carrying case and ear microphone.
Patrick Lavelle, President and Chief Executive Officer of Audiovox
Electronics Corporation disclosed his year 2001 game plan at the Consumer
Electronics Show in Las Vegas. "Over the past two years," he says, "we have
nearly tripled our presence in the FRS market. This year, the objective is
innovation as we broaden our product offerings to the consumer. We believe
that our FRS product line will be a significant contributing factor in our
overall performance and should help generate improved top-line results."
Audiovox Electronics Corporation has initiated an aggressive strategy to
expand its market niche from automotive products into broader and more
diversified consumer electronics products for people seeking leisure-time
entertainment. The company has experienced rapid growth and increasing
consumer demand for its FRS product offering, which has lead to increased
products that are competitively priced and offer a variety of features and
benefits making them dealer and customer friendly.
The Company will also be introducing an FRS-500 Series consisting of the
FR-500-2 three-channel unit in twin packs; FR-530-2, a 14-channel model in
twin packs; and FR-540, a 14 x 38 channel transceiver in singles. There will
also be two individual 14 channel units: the FR-560FM with built-in FM radio;
and the FR-550WB with built-in weather band station.
Audiovox Electronics Corp., a wholly owned subsidiary of Audiovox
Corporation, markets a complete line of automotive entertainment, security and
consumer electronic products. Their product lines include mobile video
systems, FRS two-way radios, Web-related products such as MP3, automotive
sound, vehicle security and remote start systems, and personal and portable
home stereo, DVD and home theatre systems. The company's products are marketed
to mass merchandiser retailers, specialty retailers, distributors to new car
dealers, original equipment manufacturers (OEM's), and the U.S. military.
Audiovox Electronics Corporation is a QS/ISO 9000 Registered company.
Audiovox Corporation is an international company dealing in the marketing of
wireless handsets, auto sound, vehicle security, mobile video systems, and
consumer electronics products. The Company conducts its business through two
subsidiaries 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 visit Audiovox at http://www.audiovox.com
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