Singing Machine Appoints PDT as Distributor for U.K. Market
COCONUT CREEK, Fla., May 5, 2011 /PRNewswire/ -- The Singing Machine Company, Inc. ("Singing Machine" or the "Company") (OTCBB: SMDM) proudly announces the appointment of PDT Ltd. ("PDT") as the Company's distributor for the UK territory.
Singing Machine and PDT have agreed to allow PDT to distribute Singing Machine Company brands throughout the UK. For over 20 years, PDT has been selling consumer electronic products throughout numerous distribution channels. PDT brings extensive knowledge of European sales channels and strong relationships with many of UK's largest retailers.
"We're thrilled to be partnering with PDT to bring Singing Machine to the UK," commented Bernardo Melo, VP of Global Sales and Marketing. "We're excited at the opportunity to grow our international business and to bring karaoke's strongest brand to the UK market."
"After a couple of years of strong pilot sales in the UK we are now excited to be rolling out this great brand across a broad spectrum of UK retailers who are eager to capitalize on the resurgence of singing and karaoke as a popular hobby," added David Holder, Managing Director of PDT.
About The Singing Machine
Incorporated in 1982, The Singing Machine Company develops and distributes a full line of consumer-oriented karaoke machines and music under The Singing Machine™, SMDigital™, SoundX™, and Sound X Kids™ and other brand names. The first to provide karaoke systems for home entertainment in the United States, The Singing Machine sells its products in North America, Europe and Australia. The Singing Machine is also the first to offer digital music downloads for play on home karaoke machines. See www.singingmachine.com for more details.
Founded in 1988, PDT is a full-service development, design, and distribution company located in the UK with manufacturing partners in China See www.pdtuk.com for more information.
This press release contains forwardlooking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forwardlooking statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by management and include, but are not limited to statements about our financial statements for the fiscal year ended March 31, 2010. You should review our risk factors in our SEC filings which are incorporated herein by reference. Such forwardlooking statements speak only as of the date on which they are made and the company does not undertake any obligation to update any forwardlooking statement to reflect events or circumstances after the date of this release.
SOURCE The Singing Machine Company, Inc.
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