Audiovox to Market and Distribute 'Tagg-The Pet Tracker' to Retail

LAS VEGAS, Jan. 9, 2012 /PRNewswire/ -- International CES, Center Hall, Booth 10404-10415 -- Audiovox Electronics Corp. (AEC), a wholly owned subsidiary of VOXX International Corporation (Nasdaq:VOXX) announced today that it will be marketing, selling, and distributing 'Tagg-The Pet Tracker™' to its broad retail base.  The Audiovox distribution network is known for its depth and includes all of the major national and regional retailers in the nation.

Tagg-The Pet Tracker developed by Snaptracs, a Qualcomm Company, gives the consumer peace of mind by letting them know their pet's location at any time. The stylish, lightweight Tagg™ tracker secures to the pets existing collar and uses advanced GPS technology and wireless capabilities for tracking.   If the pet should leave the designated Tagg zone, the system alerts you via text and email so you can quickly find him or her, using a map on your mobile device or computer.  You can also receive these alerts and track your pet on your iPhone or Android Smartphone using the Tagg app. 

"We believe that Tagg-The Pet Tracker is a natural addition to our new location based services program launching this year. Pet lovers everywhere worry about the potential loss of a pet, which can be traumatic since pets are such an intricate part of our lives and our families," said Tom Malone, President of Audiovox Electronics Corporation.  "Developed by Snaptracs, a Qualcomm company, this product should provide the thousands of pet lovers nationwide with peace of mind."

Tagg is small and lightweight and designed to easily attach securely to your pet's existing collar. 

It is pet tough, comfortable and water resistant.  'Tagg-The Pet Tracker' comes with a Tagg tracker, and docking station, collar clip assembly and power kit. The system supports multiple trackers so that you can track all of your pets with a single account. Service Plans are purchased directly from Snaptracs.  The retail price for Tagg is to be announced later.

Malone continued, "The product will be available at retail in the first quarter of 2012 and Audiovox plans to market it though our substantial big box and regional retailer distribution partners, as well as to pet supply retailers.  We believe it will be a huge success based on the millions of pet lovers in the country who will be exposed to this great product through these retailers."

For more information on Tagg-The Pet Tracker, please visit www.tagg.com.

Tagg-The Pet Tracker will be marketed by Audiovox Electronics Corporation, a wholly owned subsidiary of VOXX International Corp. (NASDAQ: VOXX).

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About Tagg-The Pet Tracker:

Tagg-The Pet Tracker was designed and developed by Snaptracs Inc., a wholly owned subsidiary of Qualcomm Incorporated (NASDAQ: QCOM), the world leader in mobile technologies.  Our mission is to make people's lives easier and safer.  Tagg-The Pet Tracker was born out of our love for our pets and our system uses advanced GPS and wireless technology to help people find their lost pets. For more information about Tagg-The Pet Tracker, visit www.tagg.com or follow the brand on Twitter @TaggTracker and Facebook at www.facebook.com/TaggThePetTracker.

Tagg-The Pet Tracker is a trademark of Snaptracs Inc.  Qualcomm is a registered trademark of Qualcomm Incorporated.  All other trademarks are the property of their respective owners.

About Audiovox Electronics Corporation (AEC):

Audiovox Electronics Corporation (AEC) is a wholly owned subsidiary of VOXX International Corporation (NASDAQ:VOXX), a leading, global supplier of mobile and consumer electronics products.  The Company holds number one market share in rear seat entertainment as well as remote start systems and is the exclusive provider of SIRIUS XM satellite radio products in the aftermarket.  AEC is also a recognized leader in the marketing of automotive entertainment, rear observation, and vehicle security.  Its extensive distribution network includes power retailers and 12-volt specialists as well nearly all of the major vehicle manufacturers ("OEMs"), both domestically and abroad.

Audiovox Electronics possesses a strong brand portfolio and its products ranks among the top ten in almost every category in which they sell.  Primary brands include Audiovox®, Invision®, Jensen®, Omega®, Advent®, Code Alarm®, Prestige®, and Excalibur®.

Headquartered in Hauppauge, NY, Audiovox Electronics has a manufacturing facility in the United States, and a robust international footprint with offices in Europe, Canada, Mexico and Venezuela.  For additional information, please visit our Web site at www.audiovoxproducts.com.

About VOXX International Corporation:

VOXX International Corporation (NASDAQ:VOXX).  The Company that began as Audiovox over 45 years ago has morphed into a worldwide leader in many automotive and consumer electronics and accessories categories, and now into premium high-end audio.  The Company's brands hold leading market positions across a wide-spectrum of consumer and automotive segments.

Today, VOXX International is a global company….with an extensive distribution network that includes some of the world's Fortune 500 companies and an international footprint in Europe, Asia, Mexico and South America, and a growing brand portfolio, which is now comprised of over 30 trusted brands including Audiovox®, Klipsch®, RCA®, Invision®, Jensen®, Acoustic Research®, Jamo®, Energy®, Mac Audio®, Magnat®, Heco®, Schwaiger®, and Oehlbach®.  The Company continues to drive innovation throughout all of its subsidiaries, and maintains its commitment to exceeding the needs of the consumers it serves.  For additional information, please visit our Web site at www.voxxintl.com.

Safe Harbor Statement

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 the Company 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 the Company's business operations; our ability to keep pace with technological advances; significant competition in the mobile and consumer electronics businesses as well as the accessories business; our 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 our prior filings by the SEC may result in changes to our financial statements; and the possibility that stockholders or regulatory authorities may initiate proceedings against VOXX International Corporation and/or our officers and directors as a result of any restatements. Risk factors associated with our business, including some of the facts set forth herein, are detailed in the Company's Form 10-K for the fiscal year ended February 28, 2011.

SOURCE VOXX International Corporation