AuraSound Announces Record TV Soundbar Shipments
SANTE FE SPRINGS, Calif., Dec. 21, 2010 /PRNewswire-Asia-FirstCall/ -- AuraSound, Inc. (OTC Bulletin Board: ARUZ) announced today it once again achieved record shipments in November 2010 with their industry leading TV soundbar product family. Shipments for November quadrupled over the same period in 2009, to over 75,000 systems, and this represents the 6th consecutive month of record shipments. November shipments were also over 50% of the shipments for all of 2009.
"We are very proud of our continued rapid growth in this emerging and strategic market for AuraSound," Pete Andreyev, Executive Vice President of Worldwide Sales & Marketing stated. "Our increased manufacturing capability, expanded sales coupled with strong customer demand, allowed us to reach this important milestone. We are proud of our leading position in the U.S. market. We continue to be very optimistic about our success given our ability to provide unsurpassed quality products at competitive prices to our customers."
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Reliance should not be placed on forward-looking statements because they involve both known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the control of AuraSound. Any statements in this press release that are not statements of historical fact are forward-looking statements, including, but not limited to, those relating to the AuraSound's long-term strategic objectives. Actual events, performance or results could differ materially from the anticipated events, performance or results expressed or implied by such forward-looking statements. BEFORE MAKING ANY INVESTMENT DECISIONS REGARDING OUR COMPANY, WE STRONGLY ADVISE YOU TO READ THE SECTION ENTITLED "RISK FACTORS" IN OUR MOST RECENT ANNUAL REPORT ON FORM 10-K, WHICH CAN BE ACCESSED AT WWW.SEC.GOV. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
About AuraSound, Inc.
AuraSound has over 20 years experience specializing in the design and manufacturing of high-end speakers, consistently providing people with an optimal audio experience. AuraSound's broad range of products includes high-quality drivers for TV's and laptops, state-of-the art subwoofers and tactile transducers. AuraSound's products are based on patented and proprietary NRT® Drivers, BassShakers, Line Source tweeters and more. With their recent acquisition of ASI Audiotechnologies, they have added an industry leading TV soundbar business, additional proprietary transducer technology, application specific amplifier designs, and award winning ID designs. For more information visit the company web site at www.aurasound.com.
Contact: |
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Pete Andreyev |
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Executive VP, Sales & Marketing |
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AuraSound, Inc. |
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+ 852 6194-8333 (Hong Kong) |
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+ 86 156-2607-8084 (China) |
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SOURCE AuraSound, Inc.
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