SALT LAKE CITY, Oct 29, 2009 (BUSINESS WIRE) -- ZAGG Inc. (OTCBB:ZAGG), a leading producer of electronics accessories for protecting and enhancing the mobile experience, including the popular invisibleSHIELD(TM) and ZAGGaudio(TM) brands, announces they qualified as finalists for the Consumer Electronics Association i-stage 2009 competition. At the competition, ZAGG representatives introduced the first features of an upcoming major technology, the ZAGGbox(TM).
The ZAGGbox is the culmination of 6 years of development and an investment of over $35 million, undertaken by an external partner company with significant technical resources and expertise. ZAGG acquired the license to the technology and IP in 2009. The production of the ZAGGbox is with some of the largest CE manufacturers around the globe.
At the i-stage show, a major electronics industry event, ZAGG representatives demonstrated powerful integration technologies, including personal media storage and streaming. The initial features are:
ZAGG expects the formal launch of the ZAGGbox at International CES 2010. Following the show, ZAGG will begin preorders online through ZAGG.com and is anticipated to begin shipping late in Q1 2010. Initial retail pricing for the ZAGGbox is anticipated to be under $999.
"We are introducing a game-changing technology with the ZAGGbox which will appeal to everyone from geeks to grandmas," said Brian Packer, VP of Marketing of ZAGG. "It is a very powerful system, and very simple to use."
"We were fortunate to be able to attract this amazing technology, because of our passion for delivering innovations like the ZAGGbox to market," said Robert G. Pedersen II, President and CEO of ZAGG. "We have a savvy, innovative customer base and a track record of powerful marketing for the mobile experience. The introduction of the ZAGGbox is a timely, strategic fit for us to take to market."
For information about ZAGG or any of their product lines, please visit www.ZAGG.com.
About ZAGG Inc.:
ZAGG is dedicated to protecting and enhancing the mobile experience. ZAGG designs, manufactures, and distributes protective clear coverings and accessories for consumer electronic and hand-held devices, worldwide under the brand names invisibleSHIELD(TM) and ZAGGaudio(TM). ZAGG has also introduced beta testing of AppSpace.com, an online destination for the fast-growing mobile app market, combined with the networking power of social media. The invisibleSHIELD is a protective, high-tech patented film covering, designed for iPods, laptops, cell phones, digital cameras, PDAs, watch faces, GPS systems, gaming devices, and other items. The patent-pending invisibleSHIELD application of clear protective film covering a device is the first scratch protection solution of its kind on the market, and has sold millions of units. Currently, ZAGG offers over 4,000 precision pre-cut designs with a lifetime replacement warranty through online channels, major retailers like Best Buy and RadioShack, resellers, college bookstores, Mac stores and mall kiosks. The company continues to increase its product lines to offer additional electronic accessories and services to its tech-savvy customer base. For more product or investor information please visit the company's web site at www.ZAGG.com.
Safe Harbor Statement:
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected", "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in filings made by the company with the Securities and Exchange Commission.
SOURCE: ZAGG Inc.
Nathan Nelson, 801-263-0699 x107
Brandon O'Brien, CFO
Copyright Business Wire 2009