SANTE FE SPRINGS, Calif., Sept. 10 /PRNewswire-Asia/ -- AuraSound, Inc. (OTC Bulletin Board: ARUZ) has announced it achieved record shipments in August 2010 of its industry leading TV soundbar product family. Shipments for August tripled over the same period in 2009, to 47,000 systems, and the shipments in August were more than one third of the total shipments for the entire year in 2009 of 135,000 units.
"We are very proud of our increased growth in this fast growing market", Mr. Harald Weisshaupt, President and CEO stated, "We are excited to see the benefits from our recent acquisition of ASI Audiotechnologies so quickly. The achievement was enabled by our increased manufacturing capability and expanded sales and support resources worldwide. We have a strong start towards achieving our strategic vision of becoming a leading home entertainment solutions provider worldwide. With our recent new product announcements and our ability to provide unsurpassed quality products at competitive prices to consumers, we are very optimistic about our continued success in this market segment."
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Reliance should not be placed on forward-looking statements because they involve both known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the control of AuraSound. Any statements in this press release that are not statements of historical fact are forward-looking statements, including, but not limited to, those relating to the AuraSound's long-term strategic objectives. Actual events, performance or results could differ materially from the anticipated events, performance or results expressed or implied by such forward-looking statements. BEFORE MAKING ANY INVESTMENT DECISIONS REGARDING OUR COMPANY, WE STRONGLY ADVISE YOU TO READ THE SECTION ENTITLED "RISK FACTORS" IN OUR MOST RECENT ANNUAL REPORT ON FORM 10-K, WHICH CAN BE ACCESSED AT WWW.SEC.GOV. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
About AuraSound, Inc.
AuraSound has over 20 years experience specializing in the design and manufacturing of high-end speakers, consistently providing people with an optimal audio experience. AuraSound's broad range of products include
high-quality drivers for TV's and laptops, state-of-the art subwoofers and tactile transducers. AuraSound's products are based on patented and proprietary NRT(R) Drivers, BassShakers, Line Source tweeters and more. With their recent acquisition of ASI Audiotechnologies, they have added an industry leading TV soundbar business, additional proprietary transducer technology, application specific amplifier designs, and award winning ID designs. For more information visit the company web site at http://www.aurasound.com/ .
For more information, please contact:
Pete Andreyev
Executive VP, Sales & Marketing
AuraSound, Inc.
Tel: +852-9069-9297
+86-138-2368-2706
Email: pandreyev@aurasound.com
