News Release

Printer Friendly Version View printer-friendly version << Back

Universal Electronics Honored by Forbes

CYPRESS, Calif.--(BUSINESS WIRE)--Nov. 18, 2009-- Universal Electronics Inc. (UEI), (NASDAQ:UEIC) was ranked 116 on the Forbes 200 Best Small Companies in America listing.

“It is an honor to be recognized by Forbesfor the fourth straight year,” stated Paul Arling, UEI’s chairman and chief executive officer. “Throughout UEI’s 23-year history, we have focused on introducing innovative new products and technologies, which have led the way to obtaining key customer wins, further building our relationships with existing customers, and expanding our presence into new markets. Looking ahead, we expect 2010 to be another successful year for UEI as we continue to pursue the long-term success and growth of our business, staying true to our strategic vision to become the leader in wireless control technology.”

Forbes selected companies with revenue between $5 million and $750 million and with a share price above $5.00. Rankings are based on earnings growth, sales growth and return on equity in the past 12 months and over five years, as well as comparing the stock performance of each company with that of its peers. Shares of last year's list members outpaced the Russell by 10 percentage points. The article may be accessed on Forbes’ web site at www.forbes.com/200best.

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 have been adopted by many Fortune 500 companies in the consumer electronics, subscription broadcast, and computing industries. UEI sells and licenses wireless control products through distributors and retailers under the One For All® brand name. UEI also delivers complete home control solutions in the professional custom installation market under the brand name Nevo®. For additional information, please visit our website at www.uei.com.

Source: Universal Electronics Inc.

Universal Electronics
Paul Arling, 714-820-1000 (UEI)
Kirsten Chapman, 415-433-3777 (IR Agency)