Audiovox Navigation Now Features Real-Time Traffic

Audiovox Navigation Now Features Real-Time Traffic

HAUPPAUGE, N.Y., and LAS VEGAS, Jan. 6 /PRNewswire-FirstCall/ -- As a result of a partnership with Siemens VDO Automotive, Tele Atlas and Clear Channel Communications, Audiovox Corporation (NASDAQ:VOXX) has announced the incorporation of Real-Time Traffic Messaging into their vehicle navigation models.

The system works on an FM side band radio signal which utilizes RDS (Radio Data Service) technology. Digitized and coded Real Time Traffic data is then fed to Traffic Message Channel-enabled Audiovox Navigation Systems, and the driver is notified instantly about traffic situations on his route.

Tom Malone, Senior VP Sales of Audiovox Electronics Corporation outlined the new systems capabilities that are designed to give drivers a picture of traffic conditions on their Audiovox navigation units in real time, that is, as it is happening. "Radio traffic broadcasts can lag as much as a half-hour behind the actual condition, thus rendering them practically useless at times. Real-Time Traffic is as close to being a driver's in-car traffic alert advisor as Real-Time Traffic updates appear on the company's navigation system screen with complete map displays. The system is designed to offer a repeat function should the driver need it. Because the data arrives earlier than it would on conventional traffic-news stations, the driver can decide ahead of time whether he should detour or stay on his course.

Traffic 'incidents' such as accident, construction, police action, etc., are displayed in a pop-up window on the navigation screen. Click the specific icon for instant information. Move the cursor from icon to icon. The icons are color-coded: gray indicates general road information; red for a traffic situation on the current route.

The Audiovox Real-Time Traffic System is currently available for Navigation Models NPC5400 and NPD5500, which include a Real-Time receiver (NAVTMC) and map release software. There is no charge for activation of the Real Time Traffic system and the first three months of service use are free. Consumers can purchase subsequent service contracts in one and two year increments; one year activation is priced at $59.90 ($4.99 per month), two years costs $95.90 ($4.00 per month). Both activation and renewal can be done via an 800 number or through the Internet.

Future navigation products are slated to include integrated Real-Time receivers, auto-tuning into available stations, high-end tuner technology (digital tuner, Sensitivity 3 dB/uV) and station identification in the unit's status line.

About Audiovox

Audiovox Corporation, through its wholly-owned subsidiary Audiovox Electronics Corporation (AEC) is a recognized leader in the marketing of automotive entertainment, vehicle security and consumer electronics products. The company is number one in mobile video and places in the top ten of almost every category that it sells. Among the products marketed by AEC are mobile video systems, portable DVD players, flat-panel TV's, auto sound systems including satellite radio, vehicle security, and consumer electronics products such as extended range two-way radios, multi media products like MP 3 players, and home and portable stereos. The company markets its products through an extensive distribution network that includes power retailers, 12-volt specialists, mass merchandisers and an OE sales group. The company markets products under the Audiovox, Jensen, Acoustic Research, Advent, Code Alarm and Prestige brands. For additional information, visit our web site at http://www.audiovox.com/.

Safe-Harbor Language

Except for historical information contained herein, statements made in this release that would constitute forward-looking statements may involve certain risks and uncertainties. All forward-looking statements made in this release are based on currently available information and the Company assumes no responsibility to update any such forward-looking statement. The following factors, among others, may cause actual results to differ materially from the results suggested in the forward-looking statements. The factors include, but are not limited to, risks that may result from changes in the Company's business operations; our ability to keep pace with technological advances; significant competition in the mobile and consumer electronics businesses as well as the wireless business; our relationships with key suppliers and customers; quality and consumer acceptance of newly introduced products; market volatility; non-availability of product; excess inventory; price and product competition; new product introductions; the possibility that the review of our prior filings by the SEC may result in changes to our financial statements; and the possibility that stockholders or regulatory authorities may initiate proceedings against Audiovox and/or our officers and directors as a result of any restatements. Risk factors associated with our business, including some of the facts set forth herein, are detailed in the Company's Form 10-K/A for the fiscal year ended November 30, 2003 and Form 10-Q for the fiscal 2004 third quarter ended August 31, 2004.

Media Contact for Product Inquiries:
Mel Clapman
Clapman Public Relations
(718) 474-2528 or mclapman@mindspring.com

Public and Investor Relations Contact:
Glenn Wiener
GW Communications
(212) 786-6011 or gwiener@GWCco.com


Source: Audiovox Corporation

CONTACT: Media - Mel Clapman of Clapman Public Relations,
+1-718-474-2528, mclapman@mindspring.com; Investor Relations - Glenn Wiener of
GW Communications, +1-212-786-6011, gwiener@GWCco.com, both for Audiovox
Corporation

Web site: http://www.audiovox.com/


-------
Profile: intent