LAS VEGAS, Feb. 15, 2018 /PRNewswire/ -- Exeo Entertainment, Inc. (OTCQB: EXEO) is pleased to announce that the company has entered into a Joint Venture agreement with Axcel Electronics Thailand Co Ltd. (Axcel) to manufacture and distribute private label Krankz Audio headphones, branded cabling, and power banks to OEM manufactures.
Karl St. George, CEO of Axcel Electronics Thailand Co. Ltd, said, "This is a perfect fit for both companies. I've been working with Jeff Weiland of Exeo Entertainment, Inc. for a while now on putting together a deal that makes sense for both parties. I have existing accounts where headphones are a natural extension of the products I provide."
Under the terms of the agreement Exeo Entertainment, Inc. will manufacture and distribute their Krankz brand of headphones under a private label program to OEM accounts. Additionally, they will distribute the Axcel Electronics line of branded power banks and cables to OEM. Axcel Electronics will service retail accounts with their existing products as well as the Krankz branded headphones.
About Axcel Electronics Thailand Co. Ltd.
Axcel Electronics Thailand Co Ltd. www.axcel-electronics.com has been involved in electronic design and manufacturing for nearly 20 years in both OEM/ODM projects and own branded retail products through major retailers.
About Exeo Entertainment, Inc.
Headquartered in Las Vegas, Nevada, Exeo Entertainment manufactures and markets the Krankz brand of music headphones. Krankz Audio is the low cost leader in the premium headphone category and can be found at online retailers such as Amazon, Sears, and Newegg or they can be purchased directly from www.KrankzAudio.com
SOURCE Exeo Entertainment, Inc.