NEWS

Dual Electronics Announces Upcoming Line Of Consumer Televisions, DVD-R Recorders

27-Oct-03

Dual Electronics announced that it will soon offer a complete, Dual-branded line of advanced technology video products in North America. Dual, a division of Namsung America, Inc., will offer the new video line--including LCD flat-panel monitors, flat televisions, and DVD player/recorders--as part of a long-term agreement with Skyworth Group, Ltd, one of the three largest suppliers of video products in China, with manufacturing facilities in Shenzhen and other Chinese provinces. ""When we first announced the re-introduction of the Dual brand in April, we said that we planned to market the full gamut of home entertainment products,"" said Jim Braun, President and CEO, Namsung America, Inc. ""Today, we are fulfilling this commitment by bringing an extensive selection of premium consumer television monitors and related goods to North America. ""Retailers tell us end users are anxious to acquire consumer electronics that offer maximum reliability, latest technology feature, and value for the investment. The new video line will give them the necessary tools to satisfy the needs of these value- and quality-conscious consumers."" Under the terms of the agreement, the combined organization will open a distribution center on the west coast known as Skyworth Dual Logistics (SDL), and will begin shipping products this fall. Henry Lau, Vice Chairman of Skyworth Group, Ltd., said, ""After much study and investigation, we are excited to join forces with the Dual Electronics team. Their marketing philosophy and approach to the Dual brand proposition is a perfect match for our products, which combine the latest feature content, style and, most important, value. This agreement now provides our manufacturing prime source capabilities with a permanent marketing arm in the North American market, and is a giant step toward accomplishing our company's commitment to broadening worldwide sales."" Dual Electronics, a subsidiary of Namsung America, Inc., is based in Heathrow, FL.