For further information, check the ODL Web site at ODLAV.com or phone 540 552 8346.
ODL, Inc. Announces Restructuring, Name Change And New Products
Odyssey Design Labs., a leading manufacturer of high-end audio and home theater products, has changed its name to ODL, Inc., introduced a new logo, and expanded its current line as part of a corporate restructuring, announced James R. Martin, Chairman and CEO of ODL, Inc. ODL, formerly known as Odyssey Design Labs, will no longer manufacture under the Odyssey Design Labs label. To avoid any possible confusion with future products manufactured under the Odyssey Design Labs nameplate and to reflect its renewed commitment to producing quality audio and home theatre products, the company has officially changed its name to ODL. ""The name change reflects ODL's continued commitment to providing products that are identified as having the best value in the industry, as well as becoming recognized as one of the best companies to do business with,"" said Martin. As part of this mission, ODL has gone through a significant restructuring. The company recently hired experienced upper-level management personnel and obtained fresh resources to create an organization that features new patented design technologies, as well as strong marketing, distribution and customer support services. ""It is really an exciting time for ODL, and I think our customers will see a truly professional, service-oriented company with products that offer increased value for their money,"" said Martin. ""For us, success is not only defined by business growth and development, but also by the way we do business x- with integrity, honesty and professionalism."" In addition to the corporate name change, ODL has introduced a contemporary ""orbital"" logo to reflect its new approach to business. The orbit represents the path achieved by a space vehicle as it leaves the Earth's orbit for travel into outer space. The craft first builds up speed in near-Earth orbit and then ""slings"" towards its destination using the angular velocity about the Earth as its boost. ""This represents the business philosophy of ODL,"" continued Martin. ""We are an excellence oriented company, continuously striving to reach new heights and be better at whatever we do."" The company manufactures stereo amplifiers, preamplifiers, multichannel amplifiers and processors for home theater applications, as well as DVD/CD players, power conditioners and other audio/home theater accessories. To call attention to the ""new"" ODL, the company plans to introduce its innovative digital processor and line of solid state home theater amplifiers at CES 2000 in Las Vegas on January 6-10, 2000. Other introductions will include a power sequencer/conditioner and DVD player. All products bear a standard five-year warranty, with an optional 20-year warranty program. All products are produced in the United States and are manufactured in compliance with ISO9001, the highest available standard for quality control assurance. To further ensure this ideal, ODL has teamed with electronics manufacturer Goguen Industries, Inc. ""The strategic partnership with Goguen Industries allows us to create a new standard of value in the high-end electronics industry by providing products with superior performance at a lower price point that our competition offers,"" commented Martin. ""In fact, ODL products provide audiophile level performance at prices more commonly associated with mass-produced consumer products."" Based in Blacksburg, Virginia, ODL, Inc. has corporate offices in Blacksburg, Virginia and East Haddam, Connecticut, where the main business office and distribution center are located. A second distribution center will open shortly in Southern California.