SLS International, Inc. (OTCBB: SITI) announced today that it has selected Audio Concepts as its new distributor in Germany. The agreement is expected to significantly expand distribution of the company's products to the very large installation and touring markets in Germany.
"SLS is the perfect compliment to our existing products," said Jens Seekamp, director of Audio Concepts. "Our professional team is eager to market and grow the SLS product line in Germany. Audio Concepts has always been a leader in the professional audio industry, providing our clients with the highest level of sound, performance and reliability. Our partnership with SLS International will be a wonderful advantage for us in our industry."
As the interest of SLS Loudspeakers builds from foreign distributors such as Audio Concepts, SLS will continue adding distributors during the next year. The agreement will allow SLS Loudspeakers to pursue its interests in targeting international markets and will give it the capability to meet the needs of foreign distributors.
"We are very pleased to have Audio Concepts as our distributor in Germany," said John Gott, SLS International's CEO. "International markets represent a huge growth opportunity for SLS, and our strategy is to partner with leaders in their markets. Germany is a highly attractive market, and we believe the relationship with Audio Concepts will allow us to quickly penetrate it, as they are one of the leading professional audio distributors in Germany."
Based in Springfield, Mo., SLS International, Inc. is a 30-year-old manufacturer and developer of new patent-pending ultra-high fidelity Ribbon Driver loudspeakers, Patented Evenstar Digital Amplifiers and sound systems for the commercial, home entertainment, professional and music markets. SLS has perfected the ribbon-driver technology enabling their loudspeakers to achieve exceptional inner detail and accuracy with 20 to 30 percent less the distortion of typical compression driver and dome tweeters. SLS speakers and systems are used in high profile venues such as NBC/MSNBC's 2002 and 2004 Olympics studios -- NBC is a wholly owned subsidiary of General Electric; MSNBC is jointly owned by GE and Microsoft Corporation -- the Recording Academy's Grammy Producers SoundTable events, and for the NAMM winter show, providing sound in the AVID Technology booth.
Matters discussed in this press release contain forward-looking Statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company with the Securities and Exchange Commission.
Source: SLS International, Inc.