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SLS International Enters into Agreement with Radio Shack |
SPRINGFIELD, Mo., Dec. 22 /PRNewswire-FirstCall/ -- SLS International, Inc. (OTC Bulletin Board: SITI) today announced it has entered into a 150 day agreement with RadioShack Corporation RSH to negotiate an exclusive product development relationship to bring to consumers SLS' cutting-edge technology in loudspeakers and audio products at price points that will have a mass market appeal.
SLS International currently designs and manufactures many models of loudspeakers for the professional, commercial and home theater markets using its world-renowned "ribbon driver" technology. Presently, SLS products are being used by prestigious clients such as The NBC Today Show Concert Series, Universal Studios, Philips SACD Mastering Studios and Trump Properties, to name just a few. SLS products are also being endorsed on a worldwide basis by the music icon Sting. The proposed product development relationship under discussion with RadioShack, if pursued to fruition, would allow mainstream consumers to purchase products using SLS' technology incorporated in stylish and cost-effective packaging at prices never before available.
"RadioShack is a trusted American household name with distribution capabilities unequalled by any other electronics retailer," stated John Gott, president and CEO of SLS International. "With more than 7,000 strategically placed neighborhood stores staffed by helpful and knowledgeable sales associates, RadioShack offers easy and convenient access to the latest developments in innovative consumer electronic products. We are pleased to begin this collaboration on the design and development of a new line of products that, if pursued to completion, will offer our innovative ribbon driver speaker technology at very affordable price points to the millions of customers who rely on RadioShack for their consumer electronics needs and wants."
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