For more information, contact Cello Technologies, Corp., President, David Daniels, 970 927 2579 or 703 289 2110, David.Daniels@Cello.Net.
Cello Technologies Corporation Acquires The Audible Difference
Cello Technologies, Corp. (""Cello""), the nationís largest home entertainment and whole-home systems integration company, announced Wednesday, December 15 that it has acquired The Audible Difference, the San Francisco Bay areaís leading supplier of high-end audio, home entertainment systems, and whole-home integration technologies. Founded in 1976, The Audible Difference serves over 10,000 clients in the Silicon Valley area, and has 30 employees - all focusing on audio design and home systems design engineering, integration, and automation technologies. The Audible Difference is located in a research, design, and project management facility in Palo Alto and operates a retail store, located at 805 El Camino Real, Palo Alto, California. The retail store will operate independently as a subsidiary of Cello and will continue to do business as The Audible Difference. David Daniels, President of Cello, stated ""We are very pleased to have acquired The Audible Difference. This is a significant development in our national expansion strategy. We are delighted to have The Audible Difference team and its infrastructure join Cello."" Ed Oates, a founder of Oracle Corporation, and Chairman of The Audible Difference stated, ""Cello and The Audible Difference have a similar vision and share a very complementary customer set. Both the Audible Difference and Cello have enjoyed major success and rapid growth during the past two years. Joining forces is a significant plus for both organizations."" Oates is now a significant shareholder in Cello Technologies, Corp. and will remain with the organization in an advisory role. About Cello Technologies Cello Technologies, Corp. is the nationís largest provider of home entertainment and whole-home systems integration products and services. The companyís installations include dedicated screening rooms, large and small home theatres, large-scale yachts to professional recording studios. Headquartered in Falls Church, Virginia, Cello has design centers in Aspen, Dallas, Houston, Ft. Lauderdale, Palo Alto, Los Angeles, New York, and Seattle. Cello Technologies World Wide Web address www.Cello.Net. On July 1, 1999 Cello Music & Film Systems Inc., changed its name to Cello Technologies, Corp., to better reflect the broad range of products and services we provide our clients.