Singing Machine Announces Opening New Hong Kong Office
19 April 2023 - 2:00PM
The
Singing Machine
Company, Inc.
(“Singing Machine” or the “Company”) (NASDAQ:
MICS) – the worldwide leader in consumer karaoke
products today announced it has opened a new office in the key
international trade district of Kowloon, Hong Kong. The new offices
will be centrally located in the influential business district of
East Tsim Sha Tsui, centrally located to many international retail
buying offices that have strong and long-standing commercial
relationships with the Company.
Singing Machine is the market leader in home
consumer karaoke products with a focus on innovation and expanding
digital content services. Singing Machine’s product line includes
karaoke machines, accessory microphones, stand-alone Bluetooth™
microphones, and the widely popular Carpool Karaoke™ microphone,
designed for use in cars. The new office will act as a critical
support and logistical hub for manufacturing in Southern China and
will include functions such as research and development, shipping,
finance, and a world class sales showroom to support international
sales.
Gary Atkinson, CEO of Singing Machine,
commented, “We are excited to be opening our new doors in Hong
Kong. This is a highly influential international gateway to China
and a dominant market for global consumer electronics. We look
forward to fully leveraging this location to drive our growing
regional and international sales opportunities.”
About The
Singing Machine
Singing Machine® is the leading provider of
karaoke products to consumers across the world. The Company offers
the industry's widest line of at-home and in-car karaoke
entertainment products, which allow consumers to find a machine
that suits their needs and skill level. The Company’s products are
sold in over 25,000 locations worldwide, including at well-known
retailers such as Amazon, Costco, Sam’s Club, Target, and Walmart.
As the most recognized brand in karaoke, Singing Machine products
incorporate the latest technology and provide access to over
100,000 songs for streaming through its mobile app and select
WiFi-capable products. To learn more, go to
www.singingmachine.com.
Investor Relations
Contact:Brendan Hopkins(407)
645-5295investors@singingmachine.comwww.singingmachine.comwww.singingmachine.com/investors
Forward-Looking
StatementsThis press release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Words such as "may",
"could", "expects", "projects," "intends", "plans", "believes",
"predicts", "anticipates", "hopes", "estimates" and variations of
such words and similar expressions are intended to identify
forward-looking statements. These statements involve known and
unknown risks and are based upon several assumptions and estimates,
which are inherently subject to significant uncertainties and
contingencies, many of which are beyond the Company's control.
Actual results may differ materially from those expressed or
implied by such forward-looking statements. Factors that could
cause actual results to differ materially include, but are not
limited to, the risk factors described in the Company's filings
with the Securities and Exchange Commission. The forward-looking
statements are applicable only as of the date on which they are
made, and the Company does not assume any obligation to update any
forward-looking statements.
Singing Machine (NASDAQ:MICS)
Historical Stock Chart
Von Aug 2024 bis Sep 2024
Singing Machine (NASDAQ:MICS)
Historical Stock Chart
Von Sep 2023 bis Sep 2024