Universal Electronics’ NevoSL Extends Reach with Distribution Agreement with Digital Delivery Group
DDG to distribute NevoSL handheld control to custom electronics professionals
CYPRESS, CA. September 14, 2006 — Universal Electronics Inc. (UEI) (NASDAQ:UEIC) today announced that Digital Delivery Group (DDG) has agreed to distribute the award-winning NevoSL universal controller. The new distribution relationship broadens the reach and availability of NevoSL and related accessories to the professional custom electronics installation market (CEDIA).
Digital Delivery Group is a consortium of 16 specialty distributors dedicated to helping manufacturers and custom installation professionals provide the latest in fully integrated audio, video, networking and home automation systems to consumers. NevoSL, with its recently released NevoStudio 2.0 software suite, benefits the professional custom installer by allowing for faster, easier programming, as well as simplified post-installation service and support.
“From Day 1, NevoSL and NevoStudio were introduced to serve as a premier product and tools for the custom electronics professional,” says Paul Arling, Chairman and Chief Executive Officer of UEI. “DDG specializes in offering networking products, content management, and new technology, which makes them a perfect distribution partner to help UEI further expand the availability of NevoSL nationwide.”
“NevoSL is a premium control solution for the CEDIA market,” says David Kaplan, Executive Director at DDG. “We are truly thrilled to add this product lineup because it exemplifies the type of product solution Digital Delivery Group was formed to bring to the market place.”
The NevoSL is a universal controller that intuitively delivers complete audio/visual and digital media control for the networked home. Since its launch, the NevoSL has quickly become a favorite of the professional custom installer and has garnered numerous industry awards, including Residential Systems’ RESI Award for Best Handheld Controller, the Electronic House “Product of the Year”, and CEDIA Australia’s Best in Show.
About Universal Electronics
Founded in 1986, Universal Electronics Inc. (UEI) is the global leader in wireless control technology for the connected home. UEI designs, develops, and delivers innovative solutions that enable consumers to control entertainment devices, digital media, and home systems.
The company’s broad portfolio of patented technologies and database of infrared control software has been adopted by many Fortune 500 companies in the consumer electronics, subscription broadcast, and computing industries. In addition, the company sells wireless control products to distributors and retailers under the One For All® brand name. More information about UEI can be obtained at http://www.uei.com.
About Digital Delivery Group (DDG)
Digital Delivery Group, a consortium of regional value added CE specialty distributors, is committed to being the leading source for sales and education of digital systems and convergence products. The members of DDG are specialists in networking products, whole house control, content storage and management, and new technology. More than just a buying group, DDG functions as a strategic resource for its vendor partners and its dealers. Digital Delivery Group’s members bring a unique level of capability to the task with many years of distributor, retail, factory and marketing experience among its members. For more information, visit www.digitaldeliverygroup.org or call David Kaplan at 509-995-1203.
This press release contains forward-looking statements that are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development, ordering, delivery and market acceptance of products and technologies identified in this release; the Company’s continued ability to design products in a fashion that results in its technology being accepted by the companies customers and the end users; the continued growth in the markets identified in this release to occur as anticipated by management; and other factors described in the Company’s filings with the Securities and Exchange Commission. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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