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AuraSound Increases Manufacturing Capacity

2011-06-23 21:02 928

HONG KONG, June 23, 2011 /PRNewswire-Asia-FirstCall/ -- AuraSound Inc., (OTC BB: ARUZ), has increased their manufacturing capacity by adding a factory in Wuhan, China in partnership with Proview. Over time, this factory is projected to become AuraSound's primary manufacturing site in mainland China. It is designed as a high volume and highly efficient factory, with vertical integration in several areas including SMT and plastics. The factory will focus on producing AuraSound's industry leading home audio solutions and proprietary drivers, with initial shipments from the factory projected to start this month. It also provides AuraSound the capability to continue manufacturing its complex proprietary NRT speaker drivers in a "clean room" quality and secure environment.

"We are fortunate to have experienced record shipments in all of our winning product segments the past few quarters," commented Mr. Henry Cheng, AuraSound VP of Operations. "This rapid growth, together with our projected business, has required us to increase our manufacturing capacity to meet customer demands. Our objective is to work in partnership with Proview to develop the facility into a world class manufacturing operations, and among the best in China."

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 almost 25 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 an industry leading TV soundbar business, 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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