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Now this will get Interesting

Discussion in 'Recording' started by anonymous, Aug 21, 2001.

  1. anonymous

    anonymous Guests

    Mackie Assumes Distribution of Soundscape Products
    August 20th, 2001: Woodinville, WA - Mackie Designs Inc. (NASDAQ: MKIE) today announced plans to assume all distribution activities for products developed by Sydec n.v. of Belgium under the Soundscape brand name. Sydec, a leading developer of advanced digital audio technology products, was acquired by Mackie earlier this year.

    This move ends a previously announced distribution agreement between Mackie and Soundscape Digital Technologies Ltd., the UK based company that has been marketing and distributing Sydec products under the Soundscape brand name since 1993. Under this new arrangement, Mackie will assume responsibility for the distribution and marketing of Sydec-developed Soundscape products worldwide.

    "By bringing the marketing and distribution of Sydec’s Soundscape products under the Mackie umbrella, Soundscape dealers and end users will benefit from Mackie’s commitment to customer support and product innovation. Even now, the Mackie and Sydec teams are working together on upgrades and updates for Soundscape products," stated Jamie Engen, president and CEO of Mackie Designs.

    Mackie Designs is known worldwide as a leading manufacturer and marketer of high-quality, affordable professional audio systems. Mackie products can be found in professional and project recording studios, video and broadcast suites, post production facilities, sound reinforcement applications including churches and nightclubs, and on major musical tours. Mackie Designs is marketed by 54 distributors to over 100 countries.

    NOTE: Mackie is a registered trademark of Mackie Designs Inc. in the United States and/or other countries.

    Forward-Looking Statements

    This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and the following: changes in demand for the Company's products, product mix, the timing of customer orders and deliveries, the impact of competitive products and pricing, constraints on supplies of critical components, excess or shortage of production capacity, difficulties encountered in the integration of acquired businesses and other risks discussed from time to time in the Company's Securities and Exchange Commission filings and reports. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

    NOTE: "Mackie" is a registered trademark of Mackie Designs Inc. in the United States and/or other countries.

    For more Mackie product information please contact: Mackie Designs Inc. * 16220 Wood-Red Road N.E. * Woodinville, WA 98072 * Phone: (425) 487-4333 * Fax: (425) 487-4337 * Internet: http://www.mackie.com.
     
  2. audiokid

    audiokid Staff

    Joel, what's your take on all this? Sounds pretty heavy.

    Chris
     

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