Hauppauge Digital Exploring Potential Strategic Alternatives

HAUPPAUGE, N.Y., July 23, 2014 /PRNewswire/ -- Hauppauge Digital Inc. (Stock symbol: HAUP), a leading developer and manufacturer of analog and digital TV and video recording and video streaming products for personal computers, today announced it has retained Cassel Salpeter & Co., LLC as its financial advisor to explore and advise the company on potential strategic alternatives, including selling or merging one or more of the company's business units.

About Hauppauge Digital Inc.

Through its Hauppauge Computer Works, PCTV Systems and Hauppauge Digital Europe subsidiaries, the Company designs and develops high definition video recorders and digital TV receivers for TV-in-a-window on a PC screen, video game recording and Internet video streaming. The Company is headquartered in Hauppauge, New York, with administrative offices in New York, Luxembourg, Germany, Singapore, Taiwan and Ireland. The Company's Internet web site can be found at www.hauppauge.com. For more information, please contact Jerry Tucciarone, CFO, at [email protected]

About Cassel Salpeter & Co.

Cassel Salpeter & Co. is an independent investment banking firm that provides advice to middle market and emerging growth companies in the U.S. and worldwide. Together, the firm's professionals have more than 50 years of experience providing private and public companies with a broad spectrum of investment banking and financial advisory services, including: mergers and acquisitions; equity and debt capital raises. The Company's Internet web site can be found at http://www.casselsalpeter.com  Cassel Salpeter & Co.  is a member of FINRA and SIPC.

SOURCE Hauppauge Digital Inc.