Marantz And AVAD Announce Distribution Alliance

17-Dec-04

Marantz America and AVAD LLC, the preeminent U.S. distributor of custom home technology products, today jointly announced that they have established a strategic alliance for the distribution of Marantz products through AVAD's nationwide corps of custom home technology dealers. AVAD will begin distribution of Marantz products beginning in mid-December 2004.Noted Bob Weissburg, President of Sales and Marketing, D&M Holdings, North America: ""As the custom installation market evolves, more distribution opportunities are tied directly to the home construction and home improvement contractor markets. AVAD's proven and successful approach of bringing custom installers together with home builders fits perfectly with Marantz' commitment to provide the best home entertainment solutions to this valuable market segment. Most importantly, through our alliance with AVAD and its vast dealer network, Marantz will have a ready-made sales and marketing channel that will help us significantly expand distribution and gain wider exposure for the Marantz brand in the custom installation sector.""""AVAD has been seeking a high-end audio and video manufacturer with strong brand recognition to become our strategic, full-line supplier,"" said Joe Piccirrilli, managing director of AVAD. ""With its reputation for creating outstanding, reliable products that are friendly to the custom install market, Marantz is a great fit for us. By offering a premium brand like Marantz, AVAD continues its commitment to providing dealers a high level of service. We look forward to having Marantz on board.""