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AuraSound Announces Record TV Speaker Revenue: Up 205% Versus 2010

2012-01-30 22:00 1198

SANTA ANA, Calif., January 30, 2012 /PRNewsire-Asia-FirstCall/ -- AuraSound, Inc. (OTC BB: ARUZ.OB) announced today that it achieved record sales revenue of their industry leading embedded speakers for flat screen TVs in the 2011 calendar year. Total sales for the year increased 205% versus 2010.

"We are very proud of this significant achievement in our second largest product segment," stated Pete Andreyev, Executive Vice President of Worldwide Sales & Marketing. "Consumers worldwide continue to embrace the superior acoustics and value of the broad range of AuraSound products. With the accelerating trend towards thinner TVs, AuraSound's leading proprietary technology has become a key differentiator versus other embedded TV audio solutions, which should continue to generate strong future demand for AuraSound solutions. Several of the world's top TV brands are now using AuraSound embedded speakers, with others in qualification. Coupled with our leading TV Soundbar products, holding the top market share position in the U.S., we are proud to be the leader in providing the home entertainment audio experience that consumers desire. "

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 25 years of 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 include TV soundbars, high-quality drivers for TV's, and state-of-the art subwoofers and tactile transducers for the professional and specialty audio markets. AuraSound's products are based on patented and proprietary NRT® Drivers, Bass Shakers, Line Source tweeters and more. With their 2010 acquisition of ASI Audiotechnologies, they added new customers, additional proprietary transducer technology, application specific amplifier designs and award winning ID designs. For more information visit the company website at www.aurasound.com.

Contact:
Pete Andreyev
Executive VP, Sales & Marketing
AuraSound, Inc.
+ 852 6194 8333
+ 86 156 2607 8084
pandreyev@aurasound.com

Source: AuraSound, Inc.
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