Audiovox Corporation (NASDAQ: VOXX) and FLO TV Incorporated, a wholly owned subsidiary of Qualcomm Incorporated (NASDAQ: QCOM), today introduced the new Audiovox 7” Portable DVD Player with FLO TV™, offering television, sports and movie enthusiasts another way to access live mobile television. The Audiovox Portable DVD Player with FLO TV allows consumers to watch epic moments on live and time-shifted TV shows or relax with their favorite DVDs while on the go.
The player delivers high-quality picture and audio features, a built-in rechargeable battery, stereo speakers and a 7-inch diagonal 16 x 9 wide screen. With the FLO TV service, viewers can select from children’s programming (Disney Channel, Nickelodeon); live sports; breaking news (CNN Mobile, FOX News Channel) and hit shows to complement their DVD collection. Because the FLO TV service is delivered over America’s largest dedicated mobile TV network, there are no buffering or bandwidth issues for a hassle-free viewing experience.
“Audiovox has been successfully delivering the award-winning installed automotive FLO TV solution to retailers and car dealers since the beginning of this year,” said Tom Malone, president of Audiovox Electronics Corporation. “This new system expands our product offerings to the portable DVD market where we expect the addition of FLO TV will drive us to the leadership position there as well — showing consumers not only how to watch but, with the addition of FLO TV, expanding their options for what to watch as well. FLO TV’s breadth of TV content and Audiovox’s commitment to quality manufacturing makes a wonderful pairing for people who can’t miss a moment of their favorite shows.”
“This product represents the latest step in our ongoing efforts to bring live mobile TV to every small screen,” said Bill Stone, president of FLO TV. “With Audiovox’s Portable DVD Player with FLO TV, consumers who enjoy taking their media with them get the unique dual capability of playing DVDs and watching live television on the same device.”
The DFL 710 is now available at select Best Buy store locations. It will retail for $199.99, which includes a limited time offer for a three-month pre-paid subscription to the FLO TV service.*
*Service must be activated by 10/16/2010 to receive three-month pre-paid subscription. Taxes not included. Additional fees and charges may apply. Pricing and service subject to change at any time. After the expiration of the original pre-paid subscription, your subscription will automatically renew and your credit card will be charged the then-current monthly rate, currently $14.99/mo.; lower renewal rates may be available. Please review the FLO TV Customer Contract and Privacy Statement for additional terms and conditions that apply to this purchase. All subscription payments are non-refundable. All programming subject to change and blackout restrictions. Purchase of compatible device required to view the FLO TV service. Service not available everywhere. “Live mobile television” means the FLO TV service transmits channels in real time; no downloading, sideloading or buffering.
Audiovox (NASDAQ:VOXX) is a recognized leader in the marketing of automotive entertainment, vehicle security and remote start systems, consumer electronics and consumer electronic accessories. The company is number one in mobile video and places in the top ten of almost every category that it sells. Among the lines & brands marketed by Audiovox are its mobile electronics products including: mobile video systems, FLO TV, Mobile Video + PlayStation 2 systems, auto sound systems including satellite radio, vehicle security and remote start systems, personal navigation devices and Bluetooth car kits; consumer electronics products such as MP3 players, digital camcorders, DVRs, Internet radios, clock radios, portable DVD players, multimedia products like digital picture frames and home and portable stereos; consumer electronics accessories such as indoor/outdoor antennas, connectivity products, headphones, speakers, wireless solutions, universal remote controls, power & surge protectors and media cleaning & storage devices; Energizer®-branded products for rechargeable batteries and battery packs for camcorders, cordless phones, digital cameras and DVD players, as well as for power supply systems, automatic voltage regulators and surge protectors. 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, RCA, Jensen, Acoustic Research, Energizer, Advent, Code Alarm, TERK, Prestige and SURFACE brands. For additional information, visit our Web site at www.audiovox.com.
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About FLO TV
The FLO TV service combines the best content, an intuitive user interface and a superior multicast network to deliver a true quality TV viewing experience for consumers. FLO TV offers full–length simulcast and time–shifted programming from the world’s best entertainment brands, including ABC Mobile, Adult Swim Mobile, CBS, CNBC, CNN Mobile, COMEDY CENTRAL, Crackle, Discovery Mobile, Disney Channel, ESPN Mobile TV, FOX Mobile, FOX News Channel, msnbc, MTV, NBC 2Go, Nickelodeon and UFC. Based in San Diego, Calif., FLO TV Incorporated is a wholly owned subsidiary of Qualcomm Incorporated.
FLO TV and FLO are trademarks of Qualcomm Incorporated. Qualcomm is a registered trademark of Qualcomm Incorporated. All other trademarks are the property of their respective owners.
Except for historical information contained herein, statements made in this release that would constitute forward-looking statements may involve certain risks and uncertainties. All forward-looking statements made in this release are based on currently available information and Audiovox assumes no responsibility to update any such forward-looking statement. The following factors, among others, may cause actual results to differ materially from the results suggested in the forward-looking statements. The factors include, but are not limited to, risks that may result from changes in Audiovox's business operations; Audiovox’s ability to keep pace with technological advances; significant competition in the mobile and consumer electronics businesses as well as the wireless business; Audiovox’s relationships with key suppliers and customers; quality and consumer acceptance of newly introduced products; market volatility; non-availability of product; excess inventory; price and product competition; new product introductions; the possibility that the review of Audiovox’s prior filings by the SEC may result in changes to its financial statements; and the possibility that stockholders or regulatory authorities may initiate proceedings against Audiovox and/or its officers and directors as a result of any restatements. Risk factors associated with Audiovox’s business, including some of the facts set forth herein, are detailed in Audiovox’s Form 10-K for the fiscal year ended February 28, 2009 and in its most recent Form 10-Q filing with the Securities and Exchange Commission.