News Details

CYPRESS, Calif.--(BUSINESS WIRE)--Sept. 14, 2006-- New Version of UEI's Advanced Controller Adds Another Distinct Member to the Nevo Product Line Geared for the Custom Electronics Professional

Universal Electronics Inc. (UEI) (NASDAQ:UEIC) today announced that a limited edition high gloss black version of the award-winning NevoSL controller will be unveiled at the upcoming Custom Electronic Design & Installation Association (CEDIA) Expo to be held in Denver, CO on September 14 -17. The High Gloss Black NevoSL will be available only through select distributors for the custom electronics professional.

One year after its introduction, the NevoSL has quickly gained recognition from the professional custom installer community. Spurred by the feedback from custom installers around the world, UEI developed the new High Gloss Black NevoSL to complement the home theater environments of the most discerning home entertainment enthusiast. This High Gloss Black NevoSL will provide custom installation professionals a control option to match the growing trend of high definition television monitors that are offered in gloss black or dark wood finishes.

The new product adds yet another SKU to the UEI family of products, accessories, and services offered to the custom installer. Equipped with the recently launched NevoStudio 2.0 software suite, the High Gloss Black NevoSL is a unique and powerful package that enables custom electronics professionals to differentiate their businesses by providing more innovative, faster home theater control installations and unmatched after-sales service and support to the homeowner.

"We are very excited to offer this visually stunning product to the high end professional custom installation market," says Paul Arling, chairman and chief operating officer of UEI. "Aside from its aesthetic appeal, the High Gloss Black NevoSL further enables custom installers to build and differentiate their business."

NevoSL has garnered numerous industry awards, including Residential Systems' RESI Award for Best Handheld Controller, the Electronic House "Product of the Year," and CEDIA Australia's Best in Show. The Limited Edition High Gloss Black NevoSL can be purchased through AVAD, Positive Marketing AV, and Digital Delivery Group. The sleek new design comes with a matching high gloss black charging cradle.

The High Gloss Black NevoSL will be available at the end of September through select distributors for MSRP $1,099.

About Universal Electronics

Universal Electronics Inc., based in Southern California, develops firmware and turnkey solutions as well as software designed to enable consumers to wirelessly connect, control and interact with an increasingly complex home environment. The company's primary markets include original equipment manufacturers (OEMs) in consumer electronics and personal computing, as well as multiple system operators in the cable and satellite subscription broadcasting markets. Over the past 20 years, the company has developed a broad portfolio of patented technologies and the industry's leading database of home connectivity software that it licenses to its customers, including many leading Fortune 500 companies. In addition, UEI sells its universal wireless control products and other audio/visual accessories through its European headquarters in the Netherlands, and to distributors and retailers in Europe, Asia, Latin America, South Africa and Australia/New Zealand under the One For All(R) brand name. More information about UEI can be obtained at http://www.uei.com.

This press release contains forward-looking statements that are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development, ordering, delivery and market acceptance of products and technologies identified in this release; the Company's continued ability to design products in a fashion that results in its technology being accepted by the company's customers and the end users; the continued growth in the markets identified in this release to occur as anticipated by management; and other factors described in the Company's filings with the Securities and Exchange Commission. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

CONTACT: Blanc & Otus Public Relations
Stephanie Trussell, 415-856-5162
strussell@blancandotus.com

SOURCE: Universal Electronics Inc.