Mitsubishi Gets Universal Electronics Remote Controls
CYPRESS, Calif. - Feb. 6, 2006 - Universal Electronics Inc. (UEI) (NASDAQ:UEIC) announced that Mitsubishi Digital Electronics America (MDEA) has selected UEI to supply universal remote control devices for MDEA television products. The supply relationship spans a comprehensive range of Mitsubishi remotes, including those that will be bundled with the company's high definition Diamond Series televisions.
Mitsubishi is recognized as one of the world leaders in manufacturing premium quality high definition projection televisions and high definition Liquid Crystal Display (LCD) flat panel televisions, as well as related products for complete home theater systems. The company was first to introduce big screen and plasma televisions to North America, and also first to introduce televisions featuring high definition 1080p DLPTM technology, which is now regarded as the highest display resolution for large screen televisions.
World-Class Control Technology for World-Class Televisions
UEI will provide MDEA with a comprehensive control solution in the shape of new custom remote control designs equipped with UEI's unique patented technologies. The Mitsubishi-branded controls will also feature UEI's unparalleled device code database to ensure compatibility with other home entertainment devices as well as a patented backlighting feature for added convenience and power efficiency for use in Mitsubishi's top of the line Diamond Series products.
In addition to UEI's leadership in providing innovative control technologies, the company's unique intellectual property portfolio, outstanding engineering, reliability in operations, overall value, and flexible design capabilities seamlessly complement the comprehensive range of innovative Mitsubishi products.
"Mitsubishi is a pioneer in the burgeoning rear projection MicroDisplay and Digital Light Processing television market," said Paul Arling, chairman and chief executive officer for UEI. "We are proud to design and integrate our control solutions with a partner who shares in our vision for excellence in the consumer electronics industry."
UEI remotes will be available in early summer of 2006 and are slated to ship with a comprehensive lineup of Mitsubishi high definition televisions, including the premium Diamond Series products, which provide Mitsubishi's best picture quality to date.
About Universal Electronics Inc.
Founded in 1986, Universal Electronics Inc. (UEI) is the global leader in wireless control technology for the connected home. UEI designs, develops, and delivers innovative solutions that enable consumers to control entertainment devices, digital media, and home systems.
The company's broad portfolio of patented technologies and database of infrared control software has been adopted by many Fortune 500 companies in the consumer electronics, subscription broadcast, and computing industries. In addition, the company sells wireless control products to distributors and retailers under the One For All(R) brand name. More information about UEI can be obtained at http://www.uei.com.
About Mitsubishi Digital Electronics America, Inc.
Mitsubishi Digital Electronics America, Inc. manufactures and markets a comprehensive line of premium quality high definition projection televisions, HD LCD televisions, and plasma displays, as well as VCRs, DVD players, an HDTV receivercontroller and related products for complete home theater systems. Recognized as the world leader and innovator of digital big screen television and receiver technology, Mitsubishi Digital Electronics America develops audio and video products that lead the industry in quality, performance and ease-of-use. For additional information about MDEA, visit http://www.mitsubishi-tv.com.