Klegg Electronics Launches Three New Genesis Products At 2007 CES Show.LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Klegg Electronics, Inc. (Pink Sheets:KLGE), announced today that they unveiled three new additions to their "Genesis" product line at the 40th annual International CES Tradeshow in Las Vegas, NV. The new products included the next generation Klegg Genesis Internet Enabled flat panel 40" and 46" LCD TVs A flat panel TV that uses LCD technology or a rear-projection TV that is based on LCD microdisplay panels. See flat panel TV, rear-projection TV and LCD. with an embedded Windows See Windows XP Embedded. XP chip that allows viewers to surf the net To browse the Internet. The most common Internet browsing today is done on the Web. Before the Web, the Internet was "surfed" via Archie, Gopher, WAIS and other search facilities. See surfing and how to access the Internet. , check e-mail and access their digital media files. The suggested retail cost will be $2899 for the 40" TV and $3599 for the 46" TV. In addition to the Genesis Internet Enabled flat panel LCD TVs, the Company introduced a Genesis Vista Home Entertainment Media Server and a Klegg Genesis V-12 Portable GPS Media Player. The new Vista Media Server features standard CE device outputs including HDMI (High-Definition Multimedia Interface) A digital interface for audio and video signals designed as a single-cable solution for home theater and consumer electronics equipment. and Optical, a Blu-ray Burner, optional expanded onboard storage of three terabytes and will retail starting at $2999. The Genesis Portable GPS Media Player is three and one half inches long and weighs only one and a half pounds; the state-of-the-art System features door to door voice navigation Using voice recognition to select options from a menu. , plays digital video and audio MP3 files and offers optional Bluetooth wireless technology. The portable GPS media player will retail at approximately $299. Klegg Electronics launched its new "Genesis" line of flat panel televisions, speaker systems and Klegg mini MP3 and MP4 players earlier this year. The new Genesis New Genesis is a fictional planet in the DC Comics Universe Use This template is for use as a shortcut when editing DC Comics-related articles. It provides links to both the DC Comics and DC Universe articles. products feature the same quality components as the Klegg Platinum Line of high-end high-performance products but are geared toward a broader consumer electronics market with lower pricing and greater retail distribution www.genesisbyklegg.com. Prior to the launch of Genesis, the Company's primary channel for distribution of its products was high-end specialty retailers and custom installers. The Company recently entered into a joint development agreement with a research facility in Taiwan. The new agreement will allow Klegg to reduce development costs and time to market and still offer Genesis customers the same next generation technology that Klegg's high performance Platinum Series is known for. Dennis Gentles, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Klegg Electronics said, "We believe that our ability to provide consumers with quality, value and cutting edge product innovation will help to build the new Klegg Genesis brand into a leader in the $21 billion consumer electronics market." He added, "The new Genesis products attracted over 2,500 visitors to Klegg's CES booth and the positive response was overwhelming. About Klegg Electronics, Inc. Klegg Electronics, Inc. (Pink Sheets:KLGE) is a manufacturer and distributor of high quality consumer electronics focused on designing a variety media and entertainment products that work seamlessly together for today's automated smart homes. Kleggs' product line includes ultra thin vibrant Flat Panel TVs, state-of-the art Media Servers, Home Theater An audio/video entertainment center that has a large-screen TV and hi-fi system with three speakers in the front (left, right and center) and left and right speakers in the rear. Starting in the early 1990s, video inputs were added to stereo receivers and preamplifiers. Audio Systems and MP3 and portable media players. Klegg distributes its high-end home electronics through specialty stores and custom integration dealers nationwide. The Company recently launched the KLEGG GENESIS line of moderately priced TVs portable electronics in the 1st Quarter of 2007. The corporation is headquartered in Las Vegas, NV. Learn more about Klegg Electronics at www.klegg.com Statements contained in this press release, which are not historical facts, are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. as that term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond our control that could cause actual events and results to differ materially from these statements. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Klegg undertakes no obligation to update publicly any forward-looking statements. |
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