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(Logo: http://www.newscom.com/cgi-bin/prnh/20020424/DIRECTLOGO)
Polk's upcoming TSi Series high performance/high value loudspeakers, as
well as PSW powered subwoofers, select RM Series models, and the award-winning
new SurroundBar(R) 360 DVD Theater two-piece system will arrive this coming
June at Best Buy stores across the
"From the company's beginning in 1972, Polk Audio has been famous for
designing and marketing audio products that offer a demonstrably higher level
of performance, but at real-world price points," commented
About Directed Electronics
Headquartered in Vista, California, Directed Electronics (Nasdaq: DEIX) is
the largest designer and marketer in
About Polk Audio
Polk Audio is an award-winning designer and manufacturer of high
performance audio products and the largest audio brand of Directed
Electronics, Inc. (Nasdaq: DEIX). Founded in 1972 by three Johns Hopkins
University graduates, Polk Audio holds over 50 patents for advances in audio
design and technology. Polk's products include loudspeakers and electronic
components for home, auto and marine applications, the first satellite radio
home component tuner, the world's first audiophile-grade active IP-addressable
loudspeaker, the first THX Ultra2 Certified in-ceiling loudspeaker, and
I-Sonic -- the first entertainment system to include HD radio, XM Connect &
Play capability and a DVD player. Polk products are available through
authorized specialist consumer electronics retailers worldwide. For more
information and the location of a Polk retailer or distributor in your area
visit the http://www.polkaudio.com or call us at 1-800-377-7655 (USA and
Forward-Looking Statements
Certain statements in this news release that are not historical fact
constitute "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements typically
are identified by the use of terms such as "may," "should," "might,"
"believe," "expect," "anticipate," "estimate" and similar words, although some
may be expressed differently. Forward-looking statements in this release
include, but are not limited to, statements as to product timing and
availability. Shareholders and other readers are cautioned not to place undue
reliance on these forward-looking statements. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors, which may
cause the actual results of Directed to be materially different from
historical results or from any results expressed or implied by such
forward-looking statements. These factors include competition in the consumer
electronics industry, development of new products and changing demand of
customers, reliance on certain key customers, adverse developments affecting
SIRIUS Satellite Radio, challenge of the company's pricing and promotional
practices, reliance on certain manufacturers and their ability to maintain
satisfactory delivery schedules, disruption in supply chain, shortages of
components and materials, disruption in imports, quality installation of
products by customers, significant product returns or product liability
claims, compliance with various state and local regulations, remediation of
any internal control deficiencies and identified material weaknesses in
internal control over financial reporting, risks with international
operations, claims related to intellectual property, ability to service debt
obligations, disruption in distribution centers, decline in consumer spending,
outcome of existing litigation, dependence on senior management, ability to
realize on investments made in the business, and integration of acquired
businesses. Certain of these factors, as well as various additional factors,
are discussed from time to time in the reports filed by Directed with the
Securities and Exchange Commission, including the Form 10-K for the year ended
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