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AuraSound Announces Record TV Speaker Shipments: Up 757% Versus 2010

2011-04-15 15:04 621

SANTA ANA, Calif., April 15, 2011 /PRNewswire-Asia-FirstCall/ -- AuraSound, Inc. (OTC BB: ARUZ) announced today that it achieved record shipments of their industry leading embedded speakers for flat screen TVs in the first quarter of 2011. Total shipments for the quarter increased 757% versus the prior year.


"We are very pleased that consumers worldwide continue to value the superior acoustics and value of the broad range of AuraSound products," Pete Andreyev, Executive Vice President of Worldwide Sales & Marketing stated, "With the trend towards thinner TVs, AuraSound's leading proprietary technology has become a key differentiator versus other embedded TV audio solutions, which will continue to generate strong future demand for AuraSound solutions. We are also proud that we can continue to meet our customer demands despite the challenging situation with rapidly increasing magnetic raw material costs. Three of the world's top six TV brands are now using AuraSound embedded speakers, in addition to the number one retail TV brand in the U.S. Coupled with our leading TV Soundbar products, recently winning the top three ratings by U.S. Consumer Reports, 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 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 include 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 2010 acquisition of ASI Audiotechnologies, they added anindustry 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:

 

 

 

 

Pete Andreyev

 

 

Executive VP, Sales & Marketing

 

 

AuraSound, Inc.

 

 

Tel: + 852-6194-8333 (Hong Kong)

 

 

+ 86-156-2607-8084 (China)

 

 

Email: pandreyev@aurasound.com

 

 

 

Source: AuraSound, Inc.
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