Under the terms of the agreement, VOXX International's wholly owned subsidiary, Audiovox Electronics Corp. (AEC) will have exclusive U.S. rights to distribute the patented DPS technology automotive applications, which significantly enhances the in-vehicle audio experience by making a traditional car stereo 'studio-sound enabled.' The companies will collaborate to develop applications specifically designed for Original Equipment Manufacturers, initially focusing on the U.S. market. Additionally, AEC and AVG are working to develop aftermarket applications which will be available through the Audiovox expeditor network.
"We're excited about this partnership and the potential it holds not only for our company, but for our customers. For decades, Audiovox has been a leader in automotive entertainment, in-vehicle security and sound," stated Tom Malone, President of Audiovox Electronics Corp. "The addition of DPS technology based applications enhances our automotive solutions for our OE partners, and will enable them to lower their acquisition costs for premium car sound while helping them differentiate their value-added solutions. This applies to both Original Equipment Manufacturers as well as car dealers as it easily integrates with the technologies of both new and used cars. We believe the patented DPS technology applications can potentially change the automotive sound landscape as it provides car manufacturers with the ability to take a basic factory sound system and dramatically improve audio quality without the need to upgrade to higher-end systems. Additionally, this will resonate well with consumers who want a premium sound experience in their vehicles."
DPS is the new standard for digital audio delivery and was developed by Tony Bongiovi, the critically acclaimed sound engineer and record producer for Bongiovi Acoustics. DPS creates this high-end quality by digitally re-mastering the audio signal in real-time, effectively compensating for the acoustical deficiencies of the vehicle and optimizing the program material for playback in the vehicle. It extends the frequency response of car speakers and maximizes the frequency-specific power distribution of a vehicle's head-unit amplifier. DPS applications are also designed and tuned for the individual vehicle so they are as custom as the other OE components.
Ayaz Somani, CEO of AVG Group added, "Our goal is to provide consumers with an optimized listening experience in a vehicle environment. DPS is the new standard for digital audio enhancement, and we see significant opportunities to expand the reach of DPS into car audio through our partnership with Audiovox. Especially so, given Audiovox's nationwide automotive distribution network covering the OEMs, 12-volt specialists and aftermarket car dealers. This partnership is not about 2012 – it's about the future, and our team is very excited to be working with Audiovox. They know technology, they have proven market leadership and their distribution is unparalleled. We see this alliance as a win-win not only for Audiovox, AVG and Bongiovi Acoustics but also for the automotive market and its consumers."
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OULU, Finland, Dec. 14, 2011 /PRNewswire/ -- EB, Elektrobit Corporation (NASDAQ-OMX: EBC1V), a developer of cutting- edge embedded technology solutions for automotive and wireless industries, today announced that its Specialized Device Platform has been chosen as The Technology of the Year winner by the Wireless Innovation Forum Awards. The announcement was made at this year's Conference on Communications Technologies and Software Defined Radio (SDR'11 - WInnComm).
An award selected by members of The Wireless Innovation Forum, The Technology of the Year award is given to an individual or organization for a breakthrough product or technology in the field of Software Defined or Cognitive Radio. With the launch of the EB Specialized Device Platform, an Android-based mobile platform designed for specialized vertical markets, EB has given specialized verticals the ability to customize 80 percent of the device, allowing for military, healthcare, public safety and others to special order and customize the Android in ways that would be most effective for their organizations.
"Seeing the Specialized Device Platform gain recognition as a breakthrough device is a testament to the research behind designing a customizable product like this," said Jani Lyrintzis, vice president, Special Terminals at EB. "EB set out to fill the void of cutting-edge technology within the vertical markets, and this award is validation that we were able to provide a needed technology to public safety, military and other specialized organizations."
The EB Specialized Device Platform allows EB's customers to benefit from the commercial technologies driving the rapid growth of the consumer wireless device market while giving market specific features and device type customization to specialized market organizations. As a smartphone-tablet platform, organizations get a 'made-to-order' mobile device that incorporates key design features desired for a particular mobile device with specific hardware and software features required by their market segment. For example, military vendors can specify MIL-STD-810G mechanics for a ruggedized Android handset, integration of a proprietary security engine or optimization of a proprietary software application to extend the device battery life.
Anchored by the Texas Instruments OMAP™ family of application processors, the Specialized Device Platform includes both OMAP3™ series single-core and OMAP4™ series dual-core options. EB chose TI's OMAP processors for their balance between competitive mass market performance and unique features, such as integrated and fully programmable C64x Digital Signal Processor, which appeal to the target vertical markets. Other key features include integrated cellular connectivity options including LTE with Band 14 support for the U.S. Public Safety market, a high-resolution touch-screen enabled display with superior sunlight readability, Wi-Fi, Bluetooth, GPS and advanced battery and power management features. Additionally, EB offers other advanced features such as integrated mobile satellite connectivity.
More about EB Specialized Terminal Platform at: http://www.elektrobit.com/what_we_deliver/wireless/offering/specialized_device_platform
Further information:
Craig O'Connell
EB Special Terminals
Tel. +1 425 686 3100
Email: craig.oconnell@elektrobit.com
Meghan Callaghan
Ruder Finn Public Relations for EB
Tel. +1 212 715 1608
Email: callaghanm@ruderfinn.com
EB, Elektrobit Corporation
EB develops advanced technology and transforms it into enriching end user experiences. EB specializes in demanding embedded software and hardware solutions for the automotive industry and wireless technologies. The company's net sales for the year 2010 totaled EUR 161.8 million. Elektrobit Corporation is listed on the NASDAQ OMX Helsinki. www.elektrobit.com
About The Wireless Innovation Forum™
Established in 1996, the Wireless Innovation Forum™ is a non-profit mutual benefit corporation dedicated to driving technology innovation in commercial, civil, and defense communications worldwide. Members bring a broad base of experience in Software Defined Radio (SDR), Cognitive Radio(CR) and Dynamic Spectrum Access (DSA) technologies in diverse markets and at all levels of the wireless value chain to address emerging wireless communications requirements. www.wirelessinnovation.org
SOURCE EB, Elektrobit Corporation
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