Audiovox Gets SIRIUS With 4 New Models

Audiovox Gets SIRIUS With 4 New Models HAUPPAUGE, N.Y., and LAS VEGAS, Jan. 6 /PRNewswire-FirstCall/ -- Audiovox Corporation (NASDAQ:VOXX) today unveiled their new expanded Sirius Satellite Radio line about which Tom Malone Senior VP, Sales said, "We have been successful with the Sirius System from their inception and the expansion of these new models reflects how positive we feel about the trend toward satellite radio and what it can mean to our distribution base." The recent announcement of shock-jock Howard Stern joining Sirius in 2006 has sparked a renewed interest in the category. "Satellite radio sales for Audiovox have been very strong this year and we believe that these new Sirius products should keep that momentum going," said Malone. "Our receivers have features that enhance the satellite radio experience like scrolling sports scores and stock ticker data. We even support the use of off-the-shelf rechargeable batteries by way of a charging circuit built into some of our accessories." The Audiovox Sirius systems feature a plug and play receiver, an optional mobile docking station for vehicles, boats and campers, a home docking station for the den, bedroom, etc., and a boom box. With the addition of one or more of these options consumers can expand their listening pleasure from their vehicles to almost anyplace they enjoy music, news, sports and entertainment, with all the clarity and quality that the Sirius format offers. Malone noted that several key retailers had taken advantage of the "Combo Kit" which combines a receiver with a mobile docking station at an MSRP of $149.99. The Combo Kit will be offered again in the Sirius format (SIRCMB3 at MSRP $149.). The new Sirius Satellite Radio models are: Receiver SIRPNP3 Receiver: featuring a digital wireless FM transmitter with 35 built-in selectable frequencies, small low-profile design, large 6-line LCD display with amber backlighting. Other features include dedicated "Jump" button for in-out access to your favorite programming or traffic and weather, memory capture which stores 20 favorite songs and when activated will search all incoming channels for those songs, listing and search-ahead capability by channel name, artist name, or song title, and time-based functions including on-screen clock, alarm, sleep timer and a program alert that allows the receiver to switch to a pre-programmed channel at a selected time. MSRP: $99. Mobile Dock SIRCK3 Mobile Dock: Sleek, low-profile featuring cigarette lighter adapter, magnetic roof-mount antenna, 3.5mm jack direct connect to aftermarket radios via RCA input (optional cable - SATRCA needed). MSRP: $49. Home Dock SIRHK3 Home Dock: A counter-top, desk-top docking station featuring AC-DC power adapter, RCA adapter cables and adjustable indoor-outdoor antenna with 21-foot cable. MSRP: $49. BoomBox SIRBB3 BoomBox: Works as a portable with 8 D-cell batteries or indoors with supplied AC-DC power adapter. Features Class-D amplification for enhanced sound reproduction, digital volume control with remote volume capabilities and Aux input for MP3 (or other peripherals) hookup. Additional features include headphone output. LED indicator for power On and Low Battery alert. Integrated antenna is removable when BoomBox is used indoors. MSRP: $99. About Audiovox Audiovox Corporation, through its wholly-owned subsidiary Audiovox Electronics Corporation (AEC) is a recognized leader in the marketing of automotive entertainment, vehicle security and consumer electronics products. The company is number one in mobile video and places in the top ten of almost every category that it sells. Among the products marketed by AEC are mobile video systems, portable DVD players, flat-panel TV's, auto sound systems including satellite radio, vehicle security, and consumer electronics products such as extended range two-way radios, multi media products like MP 3 players, and home and portable stereos. The company markets its products through an extensive distribution network that includes power retailers, 12-volt specialists, mass merchandisers and an OE sales group. The company markets products under the Audiovox, Jensen, Acoustic Research, Advent, Code Alarm and Prestige brands. For additional information, visit our web site at http://www.audiovox.com/. Safe-Harbor Language Except for historical information contained herein, statements made in this release that would constitute forward-looking statements may involve certain risks and uncertainties. All forward-looking statements made in this release are based on currently available information and the Company assumes no responsibility to update any such forward-looking statement. The following factors, among others, may cause actual results to differ materially from the results suggested in the forward-looking statements. The factors include, but are not limited to, risks that may result from changes in the Company's business operations; our ability to keep pace with technological advances; significant competition in the mobile and consumer electronics businesses as well as the wireless business; our relationships with key suppliers and customers; quality and consumer acceptance of newly introduced products; market volatility; non-availability of product; excess inventory; price and product competition; new product introductions; the possibility that the review of our prior filings by the SEC may result in changes to our financial statements; and the possibility that stockholders or regulatory authorities may initiate proceedings against Audiovox and/or our officers and directors as a result of any restatements. Risk factors associated with our business, including some of the facts set forth herein, are detailed in the Company's Form 10-K/A for the fiscal year ended November 30, 2003 and Form 10-Q for the fiscal 2004 third quarter ended August 31, 2004. Media Contact for Product Inquiries: Mel Clapman Clapman Public Relations (718) 474-2528 or mclapman@mindspring.com Public and Investor Relations Contact: Glenn Wiener GW Communications (212) 786-6011 or gwiener@GWCco.com Source: Audiovox Corporation CONTACT: Media - Mel Clapman of Clapman Public Relations, +1-718-474-2528, mclapman@mindspring.com; Investor Relations - Glenn Wiener of GW Communications, +1-212-786-6011, gwiener@GWCco.com, both for Audiovox Corporation Web site: http://www.audiovox.com/ ------- Profile: International Entertainment