VOXX Electronics Corp Expands Advanced Driver Assistance Systems (ADAS) Lines

VOXX Electronics Corp Expands Advanced Driver Assistance Systems (ADAS) Lines

Adds New, Cutting-Edge Event Recorder, Parking Sensors and Camera Technologies

PR Newswire

HAUPPAUGE, N.Y. and LAS VEGAS, Jan. 6, 2014

HAUPPAUGE, N.Y. and LAS VEGAS, Jan. 6, 2014 /PRNewswire/ -- LVCC, CENTRAL
HALL, BOOTH 10404/10415 – VOXX Electronics Corp (VEC), a newly formed
wholly-owned subsidiary of VOXX International Corp. (NASDAQ: VOXX), announced
that the Company is expanding its offerings in the Advanced Driver Assistance
Systems (ADAS) category with the introduction of an innovative Driving Video
Recorder (DVR), all new Multi-view Camera system and affordable add–on Parking
Sensors solutions.

Advanced Driver Assistance Systems are designed to provide essential
information and automate complex or repetitive tasks, leading to an overall
increase in driver situational awareness and safety. With the push from
government for greater on-the-road safety and ever-increasing interest from
automakers and consumers to have innovative safety features, the ADAS market
is considered one of the fastest growing segments in automotive electronics.
According to recent industry reports, the global ADAS market will grow at a
CAGR of 22.59 percent over the next 2 years. And among the major trends the
market is seeing is the increasing deployment of ADAS in lower-cost cars and
add-on aftermarket systems.

Tom Malone, President of VOXX Electronics Corp, commented, "The global market
for Advanced Driver Assistance Systems has grown significantly in recent
years, as automakers enhance the safety technologies in their vehicles based
on marketplace and governmental demands. We were one of the first companies in
the aftermarket to provide safety accessories as part of our product offerings
and we now have an aggressive roadmap to expand the product offerings to grow
our automotive business."

Malone continued, "On display at the show is our first DVR Event Recorder as
well as an expanded line of parking sensors and new camera systems. Looking
ahead to 2014 we have several product plans in development that will expand
our ADAS offerings into new categories such as lane departure products, blind
spot detection and forward crash warning systems."

  oHD Driving Video Recorder (DVR): Positioned on the windshield just behind
    the rear view mirror, the VOXX DVR is always in stand by mode ready to
    record non-stop any event such as an accident or interesting, fun
    experiences during your travels. Should you have an accident, the new
    DVR700 HD event recorder is always recording and the built in G sensors
    automatically lock the currently recorded section from 1 minute before to
    3 minutes after the incident that triggered the system. This ensures that
    the event cannot be erased or recorded over. The recording lock can also
    be triggered manually if the driver wants to capture something dangerous
    on the road or simply wants to ensure they save that recording for viewing
    at a later time. The system features a built-in rechargeable battery and
    supports Micro SD Cards up to 32Gb allowing up to 16 hours of continuous
    recording. Included is a cigarette lighter adapter and direct wire power
    cable with video output connection. The DVR700 HD delivers 720p resolution
    (1280*720) and is only 1.5" x 2.5" in size with a flat black finish to
    make it very discrete.
  oParking Sensors: New lower-cost sensors have been developed to address the
    needs of the entry-level market. Advanced backup sensors feature 4 sensor
    systems for plastic bumper installation. The package includes sensors,
    cables, module, drill bit, and display or speaker. The Company's latest
    parking assist systems also come with the options of 4 sensors, buzzer and
    18.5mm hole saw (PSB110) or 4 sensors, dual-color LED display and drill
    bit (PSB120 ). Both offerings feature a 7.5ft sensor wire and black
    paintable sensor. They can be used as 2-sensor systems; have a self-test
    function; and detachable sensor with waterproof connector.
  oCamera Systems: VOXX's latest Multi-view Backup and Import Style Backup
    Cameras provide greater versatility. Specifically, the Multi-view Backup
    Camera comes with more cutting-edge capabilities at a lower price than
    other offerings in the market. It features a selectable down, behind,
    wide, and split corner view. The camera also offers a digital 190-degree
    view and digital image correction which translates into a crisp, clear and
    straight picture at all angles. This versatile camera solution has 2
    mounting systems – a VOXX patented license plate mount and surface
    mounting brackets– and is the only industry offering with a microphone and
    swappable mirror function. Additionally, the Import Style Backup Camera
    (CAM345) features 9 selectable parking lines; high resolution; waterproof
    housing; 160 degree wide view angle; selectable image – normal/reverse;
    low profile OEM style mount; and built-in microphone.

For more information about the Advanced Driver Assistance Systems, please
visit: www.audiovoxproducts.com.

For information on becoming a VOXX Electronics or an Advent Dealer in the US,
email us at newaccounts@audiovox.com.

VOXX's latest ADAS solutions will be showcased at this week's International
CES at the Company's booth in the Las Vegas Convention Center (Central Hall -
#10404, #10415).

About VOXX Electronics Corporation (VEC):
VOXX Electronics Corporation (VEC) is a wholly-owned subsidiary of VOXX
International Corporation (NASDAQ:VOXX), a leading, global supplier of mobile
and consumer electronics products. VEC is a recognized leader in the
marketing of automotive entertainment, Location Based Services (LBS), rear
observation systems, and vehicle security. Its extensive distribution network
includes power retailers and 12-volt specialists as well as nearly all of the
major vehicle manufacturers ("OEMs"), both domestically and abroad.

VOXX Electronics possesses a strong brand portfolio and its products rank
among the top ten in almost every category in which they sell. Primary brands
include Audiovox®, Invision®, Jensen®, Car Connection, Omega®, Advent®, Code
Alarm®, Prestige®, Pursuit® and Excalibur®.For additional information, please
visit our Web site at www.audiovoxproducts.com.

About VOXX International Corporation:
VOXX International Corporation (NASDAQ:VOXX) is the new name for Audiovox
Corporation, a company that was formed over 45 years ago as Audiovox that has
grown into a worldwide leader in many automotive and consumer electronics and
accessories categories, as well as premium high-end audio. Through its
wholly-owned subsidiaries, VOXX International proudly is recognized as the #1
premium loudspeaker company in the world, and has #1 market positions in
automotive video entertainment and remote starts, digital TV tuners and
digital antennas. The Company's brands also hold #1 market share for TV
remote controls and reception products and leading market positions across a
wide-spectrum of other consumer and automotive segments.

Today, VOXX International is a global company…with an extensive distribution
network that includes power retailers, mass merchandisers, 12-volt specialists
and most of the world's leading automotive manufacturers. The Company has an
international footprint in Europe, Asia, Mexico and South America, and a
growing portfolio, which now comprises over 30 trusted brands. Among the key
domestic brands are Klipsch®, RCA®, Invision®, Jensen®, Audiovox®, Terk®,
Acoustic Research®, Advent®, Code Alarm®, CarLink®, Excalibur®, Prestige®, and
Pursuit®. International brands Hirschmann Car Communication ®, Jamo®,
Energy®, Mirage®, Mac Audio®, Magnat®, Heco®, Schwaiger®, Oehlbach® and
Incaar™. The Company continues to drive innovation throughout all of its
subsidiaries, and maintains its commitment to exceeding the needs of the
consumers it serves. For additional information, please visit our Web site at
www.voxxintl.com. 

VOXX International Contact:
Larissa Bertolotti
Phone: 631-436-6408
Email: LBertolotti@audiovox.com

SOURCE VOXX International Corporation
 
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