Recoton's InterAct Subsidiary to Display GameShark Product Line At Toys R Us Stores; New Times Square Store in New York Will Feature GameShark Kiosk.Business Editors LAKE MARY, Fla.--(BUSINESS WIRE)--Oct. 25, 2001 InterAct Accessories, Inc., a Recoton Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :RCOT RCOT Rotary Club of Tucson (Arizona) ) company, will be one of a few selected vendors to have a permanent free-standing kiosk at the new Toys R Us (NYSE NYSE See: New York Stock Exchange : TOY), which will be the world's largest toy store, scheduled to open this Fall at Times Square in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . The kiosk, which is designed exclusively to showcase the entire GameShark(R) product line, will feature a state of the art multimedia display that will provide interactive demonstrations of GameShark in action. InterAct will also feature the GameShark product line in end cap displays at over 450 Toys R Us stores throughout the country. The GameShark CODECENTER displays, located in the R-Zone section, will feature the latest GameShark products and will be updated on a quarterly basis. "We feel that in GameShark, InterAct offers a unique product with mass market appeal and unparalleled success across all current gaming platforms. Increasing the presence of the GameShark product line for our customers has been a key focus for us," said Wayne Yodzio, Vice President World Manager for Toys R Us. InterAct's GameShark kiosk occupies a four-foot by four-foot area in the Times Square Toys R Us R-Zone. The kiosk stands eight-feet tall and holds 264 units of GameShark merchandise. By utilizing the 17" touch screen and two 20" slave monitors housed in the kiosk, Toys R Us shoppers may view a brief demonstration of GameShark in action on their favorite game for any of the six major gaming platforms. To initiate a demonstration of GameShark, the shopper will first select a gaming platform, then select a game and the demo will begin. The shopper will see a full motion video of GameShark in action, utilizing codes for unlimited ammo, indestructible in·de·struc·ti·ble adj. Impossible to destroy: indestructible furniture; indestructible faith. [Late Latin ind characters or similar enhanced actions. Robert L. Borchardt, Chairman, President and Chief Executive Officer of Recoton, stated, "We believe that it is appropriate that one of the video game industry's most widely recognized and respected brand names is partnering with one of the world's leading toy and game retailers to bring the excitement of the next generation of video game systems to a broad range of consumers. We are proud to be a part of this program and believe that the heightened visibility for this dynamic product line will continue to drive great retail partnership opportunities for the InterAct/GameShark franchise." "We are very pleased to have the opportunity to partner with Toys R Us in this exciting initiative," said Todd Hays, President of InterAct. "The GameShark CODECENTER displays are a symbol of our commitment to expand the brand and to provide a single location where gamers can find the entire range of GameShark products." All GameShark products are enhanced by integration of the product with the website GameShark.com, which is the ultimate destination for new gaming news, features, programmer cheats and downloadable codes. In September 2001 a fresh new look was unveiled for GameShark.com, with cleaner navigation, additional sections and content, updated message board/chat technology and renewed emphasis on GameShark product support. The popular website receives over 600,000 page views daily and one million unique visitors each month. InterAct Accessories, Inc. is a subsidiary of Recoton Corporation. Recoton is a global leader in the development and marketing of consumer electronic accessories, audio products and gaming products. Recoton's more than 4,000 products include highly functional accessories for audio, video, car audio, camcorder, multi-media/computer, home office and cellular and standard telephone products, as well as 900MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. wireless technology products including headphones and speakers; loudspeakers and car and marine audio products including high fidelity loudspeakers, home theater speakers and car audio speakers and components; and accessories for video and computer games. The Company's products are marketed under three business segments: Accessory, Audio and Gaming. Accessory products are offered under the AAMP AAMP American Association of Meat Processors AAMP African American Museum in Philadelphia (since 1976) AAMP American Academy of Maxillofacial Prosthetics AAMP Advanced Architecture Microprocessor (R), Ambico(R), Ampersand The ampersand (&) normally means "and" as in Jones & Company. However, in the computer world, it is used in various ways. In Windows, it is used as a code to precede an underlined character. (R), AR(R)/Acoustic Research(R), Discwasher(R), InterAct(R), Jensen(R), Parsec parsec (pär`sĕc) [parallax + second], in astronomy, basic unit of length for measuring interstellar and intergalactic distances, equal to 206,265 times the distance from the earth to the sun, 3.26 light-years, or 3. (R), Peripheral(R), Recoton(R), Rembrandt(R), Ross(TM), SoleControl(R), SoundQuest(R) and Stinger(R) brand names. Audio products are offered under the Advent(R), AR(R)/Acoustic Research(R), HECO HECO Hawaiian Electric Company, Inc. (TM), Jensen(R), MacAudio(R), Magnat(R), NHT NHT National Housing Trust NHT Now Hear This (speaker manufacturer; Benicia, California) NHT National Heritage Trust (Australia) NHT Naphtha Hydrotreater NHT Now Here This (R) (Now Hear This), Phase Linear(R), Recoton(R) brand names. Gaming products are offered under the Game Shark(R), InterAct(R) and Performance(TM) brand names. This press release may contain forward-looking information within the meaning of 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 l995. Such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical earnings and those presently anticipated or projected. Such statements speak only as of the date made. Please refer to the Company's current Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and other SEC filings. |
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