Universal Electronics Releases NevoSL: The Ultimate Control Solution for the Networked Home; NevoSL Offers Consumers New Class of Intelligent Home Control Device.CYPRESS, Calif. -- Universal Electronics Inc. (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 ) today announced the commercial availability of NevoSL(TM), a universal controller that intuitively delivers complete audio/visual and digital media control for the networked home. With NevoSL, consumers have a single control point to control virtually all their 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. and stereo equipment while bridging the gap between digital content stored on the PC. Consumers can play and interact with virtually any song, digital picture or movie, in any room on nearly any device from the palm of their hand. "With over 25 million homes in the US that have installed a network and over 200 million legally downloaded music tracks and 80 billion digital photos taken last year alone, consumers are demanding a new class of control," said Robert Lilleness, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of UEI UEI Universal Electronics Inc. (Cypress, California) UEI United Education Institute UEI Unified Emulator Interface UEI Unit Effectiveness Inspection UEI Unión de Estudiantes Independientes . "The need for device and digital media management is here, and NevoSL answers that demand. With built-in Wi-Fi, infrared (IR) and customization via NevoStudio(TM), NevoSL provides complete control -- not only of devices and content, but also how consumers want to interact with and enjoy them -- delivering a unified entertainment experience." "With rich offerings of interactive media, digital entertainment, and content now combining with consumers' adoption of home networks, a new class of user interface, capable of unifying the consumer's experience with all this new technology, is necessary and thus inevitable," said Tricia Parks, of Parks Associates. "NevoSL, with its hybrid or multiprotocol (IR and Wi-Fi) support and UEI's connectivity software, is cool, useful, and certainly a contender to win the hearts and minds of consumers." Patented Technology for Complete, Customized Control NevoSL will be offered through the custom electronics professional channel, which according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Parks Associates is projected to grow to $8.3 billion in 2005. Featuring UEI's world-class infrared (IR) code database for device control and upgradeability, NevoSL is guaranteed to be compatible with virtually any manufacturer's consumer electronics products. With built-in Wi-Fi, NevoSL further extends the multimedia experience in the networked home by providing wireless access and control of digital photos, songs and movies throughout the home network. With unique features and functions covered by 16 issued and pending patents to date, NevoSL and its companion NevoStudio customization software represent nearly two decades worth of UEI technology directed to control solutions for the networked home. "More homeowners are turning to custom installers to simplify complex technology in their homes," said Brandon Johnson Brandon Johnson (born May 5, 1983) is an American football player who currently is a free agent. On September 12, 2007 the Cardinals released him. On September 18, 2007 they re-signed him. , president, JBJ JBJ Jon Bon Jovi (rock music artist) JBJ James Bond Jr (TV show) Systems in Long Beach, CA. "We've completed hundreds of installations using a variety of home control products. NevoSL takes this to the next level, delivering a new class of intelligent digital handheld device. NevoSL's design is second to none. It is ergonomically friendly, completely customizable, reliable, and has unmatched performance compared to any other product I've used over the past 5 years." Award-Winning Innovation Since its initial market preview in January 2005 (Universal Electronics Unveils the Ultimate Control Solution for the Broadband Home, January 4, 2005), NevoSL has been honored with a number of industry awards. --Best of Innovations Design and Engineering Award -- at the 2005 International CES, NevoSL was one of the most highly honored products in all facets of the consumer technology industry. --Technology Is a Girl's Best Friend (TechGirl) Award -- NevoSL was also recognized with this distinction in the Home Networking Category by journalists from top women's and technology media outlets. --Product of the Year -- NevoSL was recently named "Product of the Year" by Electronic House Magazine. Winners are selected based on reviews, product demos, custom electronics professional feedback, and technological innovation combined with overall value and outstanding features. Global Product Availability NevoSL and the NevoLink accessory are now available through the worldwide custom electronics professional channel. The products are available in over 14 countries worldwide including the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, United Kingdom, Netherlands, South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. , New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , Australia, Finland, Switzerland, France, Spain, Portugal, Norway and Italy. In the United States, AVAD will distribute NevoSL. For more information about NevoSL, visit www.mynevo.com. About Universal Electronics Inc. Universal Electronics Inc., based in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, , develops firmware and turnkey solutions as well as software designed to enable consumers to wirelessly connect, control and interact with an increasingly complex home environment. The company's primary markets include original equipment manufacturers (OEMs) in consumer electronics and personal computing Refers to users working on their own computers rather than a terminal to a mainframe. Sometimes, the term refers to using computers at home for work and/or entertainment in contrast to business use only. See personal computer. , as well as multiple system operators in the cable and satellite subscription broadcasting markets. Over the past 18 years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time company has developed a broad portfolio of patented technologies and the industry's leading database of home connectivity software that it licenses to its customers, including many leading Fortune 500 companies. In addition, UEI sells its universal wireless control products and other audio/visual accessories through its European headquarters in The Netherlands, and to distributors and retailers in Europe, Asia, Latin America, South Africa and Australia/New Zealand under the One For All(R) brand name. More information about UEI can be obtained at http://www.uei.com. This press release contains forward-looking statements that are made pursuant to the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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 becoming the standard for handheld devices; the continued importance of the Company's database of codes; 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 statements 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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