VISTA, Calif., November 27 /PRNewswire FirstCall/ — referred electronics, Inc.. today announced that it participated in a change to its distribution of agreement with SIRIUS Satellite radio, Inc., that their contract until August 31, 2008 extends. The change contains also certain changes effective January 1, concerning 2008 the treatment of the customer, who, return of the SIRIUS of product, which increases expected kostendeckung referred, uncertainty and evaporability regarding return reduced and meaningfully the predictability of the income of the company in the satellite radio category improves. (trade marks: http://www.newscom.com/cgi-bin/prnh/20020424/DIRECTLOGO)”wir make us happy to announce this extension to our existing agreement with SIRIUS as well as improvements for agreement that we expect to improve our financial results in this important category which goes forward” commentated James E. Minarik, referred president and CEO. “there the case electronics and SIRIUS that referred from 2004, satellite radio partnered to form over for SIRIUS the number a tool market the satellite radio mark have and successfully to increase tool market share SIRIUS ‘ from approximately 30% after throughout over 60%.” “during the floating fusion between SIRIUS and XM a degree of uncertainty the satellite radio market during 2007, as well as our agreement renewal discussions, we believe added that this changed agreement serves, like an excellent template for future extensions, we plan themselves to discuss, after regulating review their fusion, completely in the coming months is repaired,” concluded Mr. Minarik. Over o˜3 referred electronics, which was had in Vista, referred California, electronics is the largest designer and the marketer in North America of the first-class main theatres loudspeakers, the consumer burned carrier security, Traegerder remote at first and comfort systems and the largest supplier of the satellite radios of the tool market. Referred even if a main supplier of the mobile audio and video systems and has exclusive rights, to sell certain SIRIUS burned satellite radios and accessory equipment to referred existing United States retailer customer existence to marked out and. In the Hauptaudio market, referred Designs and markets award winningpolk audio(R) and final Technology(R) premium loudspeakers. Referred ones expanded briefcase of the security of products, the remote beginning, hybrid computer systems, more seeking out and navigation systems government inspection department are sold under prominent marks including Viper(R), ClifFord(R), Python(R), Astroflex(R) and autostart(R). Referred ones mobile audio and video products include speakers, subwoofers, amplifiers, video screens and the digital means players, sold under its Polk MOMO(R), Orion(R), precision Power(R), referred audio(R), Xtreme(R) referred video(R), referred mobile Media(R) and automate(R) label names. Referred 1982 were created and its expanded briefcase of the products by many guidance including prominent retailers and special field chains in North America and around the world was marketed. More information are on http://www.directed.com present. Statements forwardlooking, determined release statements in these messages, which do not determine historical fact “the forward looking of of statements” within the meaning of the private collateral law case improvement act of 1995 are. Forwardlooking statements usually are marked by the use by designations like “being able,” “, if,” “,” “to believe,” “expect,” “anticipate,” “estimation” and similar words could, although some differently than can being expressed. Forwardlooking statements in this release do not unlock in, but, statements regarding the kostendeckung, product return and financial results are limited. Shareholders and other readers not to set warned excessive confidence on these forwardlooking statements. Such forwardlooking statements refer the well-known and unknown dangers, which referred uncertainties and other factors also, which the actual results cause can, in order to be materially different by the historical results or to all possible results, which are expressed by such forwardlooking statements or are suggested. These factors include competition in the consumer electronic industry, development of the new products and the changing demand of the customers, confidence on certain key customer, the unfavorable developments, which affect SIRIUS satellite radio, cHallenge of the price calculation and the promoting practice of the company, confidence on certain manufacturers and its ability, satisfying delivery of schedules, interruption in the VersorgunGSMaterial chain, lack at components and materials, interruption in the imported goods to maintain quality installation of the products by customers important product return or requirements for product liability, observance of the different condition and the local regulations, Remediation of all internal tax lack and characterized material weaknesses in the internal control over the financial report, dangers with international enterprises, the requirements, on mental property to be referred, ability, obligations, interruption in the distribution stores, acceptance in the consumer spending, result of the existing right controversy, dependence on older management, ability, on investments to carry out in an educated manner in the business and integration of the acquired business maintain. These factors, as well as different additional factors, are discussed occasionally surely in report submitted past referred with the collateral and exchange commission, including the form 10-K for the year terminate Decembers 31, 2006. Referred each possible intention or obligation disclaims of updating these forwardlooking statements.
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Referred electronics extends contract with SIRIUS satellite radio
Referred electronics extends contract with SIRIUS satellite radio
