Universal Electronics Develops Control Solutions For New VIZIO Line of High Definition Televisions.UEI UEI Universal Electronics Inc. (Cypress, California) UEI United Education Institute UEI Unified Emulator Interface UEI Unit Effectiveness Inspection UEI Unión de Estudiantes Independientes and VIZIO Share a Passion for Bringing Exciting New Technologies and Innovations in Collaborating on Next Generation Control Solutions for Consumer Electronics Space CYPRESS, Calif. -- Universal Electronics Inc. (UEI) (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 :UEIC UEIC Universal Electronics Inc. (stock symbol) UEIC United East India Company UEIC Unplanned Event Information Center ) announced that VIZIO, Inc. has selected UEI to supply universal remote control solutions for its newest line of MAXIMVS large format plasma televisions, scheduled to be released in 2007. This announcement comes on the heels of a successful year-long relationship between UEI and VIZIO, wherein UEI has been a supplier of remote control devices for VIZIO's 2006 range of plasma and LCD HDTV (High Definition TV) A set of digital television (DTV) standards that offer the highest resolution and sharpest picture. Although some HDTV sets are available in standard (rather square) screen sizes, the overwhelming majority of sets are wide screen, which eliminates solutions. A Sleek Design Combined With World-Class Control Technology UEI will continue to provide VIZIO with innovative control solutions for the newest line of plasma and LCD HDTVs due out in early 2007. These new remotes will be equipped with UEI's unparalleled device code database for universal compatibility, as well as unique patented technologies including enhanced features such as a direct set, one-touch macro and innovative backlighting back·light n. A type of spotlight, used in photography, that illuminates a subject from behind. tr.v. back·light·ed or back·lit , back·light·ing, back·lights technology. UEI's highly experienced design team worked closely with VIZIO to develop a stylish and functional design to control the new 60 inch line of VIZIO HDTV plasma televisions. "We are pleased to extend our relationship with Universal Electronics to develop universal remote controls for our newest line of televisions," said William Wang, 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 VIZIO. "UEI continues to be a strong partner for VIZIO by maintaining a combination of cost-effective designs and innovation with a consistent high quality. As we expand the market for high quality/best value HDTVs, well engineered control systems that make the user experience better are becoming ever-more important," Wang concluded. "VIZIO continues to be a leader in providing value based products that are high quality and technologically advanced," said Paul Arling, chairman and chief executive officer for UEI. "UEI is proud to partner with VIZIO in creating customer solutions that combine our vision of quality and innovation at an affordable price." The new UEI remotes will be available in the spring of 2007 and are scheduled to be phased in with the new MAXIMVS lineup of VIZIO Plasma HDTV televisions beginning with the VM60PHDTV. About Universal Electronics Inc. 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 have been adopted by many Fortune 500 companies in the consumer electronics, subscription broadcast, and computing industries. UEI sells and licenses wireless control products through distributors and retailers under the One For All[R] brand name. UEI also delivers complete home control solutions in the professional custom installation market under the brand name Nevo[R], as well as software solutions for digital media control and enjoyment in the consumer and OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and markets under the brand SimpleCenter[TM]. About VIZIO VIZIO, Inc. "Where Vision Meets Value," headquartered in Costa Mesa, California Costa Mesa is a suburban middle class city in Orange County, California, United States. The population was 108,724 at the 2000 census. Since its incorporation in 1953, the city has grown from a semi-rural farming community of 16,840 to a suburban city with an economy based on , is a top ten North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. flat panel television brand. Their VIZIO brand has been seen and heard on TV and radio, including NBC's Today Show, ABC's Good Morning America Good Morning America is a weekday morning news show that is broadcast on the ABC television network. The show was adapted from The Morning Exchange, a morning show created by and airing on the ABC affiliate in Cleveland, Ohio, and was launched nationally as and Live with Regis and Kelly Live with Regis and Kelly is a syndicated American television talk show, hosted by Regis Philbin and Kelly Ripa. Before 2000, the show was known as Live with Regis and Kathie Lee, with Kathie Lee Gifford co-hosting with Philbin. , won numerous awards from leading publications including Good Housekeeping's Best Big-Screens, CNET's Top 10 Holiday Gifts, PC World's Best Buy, Sound & Vision's Editors Choice, 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. Magazine's Rave Award, PC Magazine's Editors Choice, AVRev.com's #1 Product We Love the Best and The Perfect Vision's Products of the Year. VIZIO is bringing vision to the consumer electronics market through practical innovation. VIZIO products offer customers advanced technologies at the most affordable value. Products include the VIZIO and Gallevia lines of Plasma and LCD HDTVs. Many of these products can be found at Circuit City, Costco Wholesale, Sam's Club Sam's Club is a membership-only warehouse club owned and operated by Wal-Mart Stores, Inc. History The first Sam's Club opened in April 1983 in Midwest City, Oklahoma in the United States.[1] Sam's Club is named after Sam Walton. , BJ's Wholesale, Wal-Mart and other retailers nationwide along with authorized online partners. For more information or to buy direct, please call 888-VIZIOCE or visit them on the web at www.VIZIO.com. This press release contains forward-looking statements that are made pursuant to the Safe-Harbor provisions 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 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 importance of the Company's database of codes and other technologies; 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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