D-LINK AND TWEETER HOME ENTERTAINMENT GROUP FORM STRATEGIC ALLIANCE TO BRING HOME NETWORKING SOLUTIONS TO CONSUMERS
Irvine, CA, September 26, 2003 — D-Link, the worldwide leader in the design and development of Broadband networking and digital technologies, announced today a strategic relationship with Tweeter Home Entertainment Group (NASDAQ: TWTR), the nation's premier specialty consumer electronics retailer. D-Link will now provide networking products and solutions to Tweeter Home Entertainment Group customers at 175 Tweeter, HiFi Buys, Sound Advice, Hillcrest High Fidelity, Showcase and Bang & Olufsen locations.
Together, D-Link and Tweeter will extend the home networking experience beyond its current realm. Among the list of solutions this networking initiative will bring is an extension of Wi-Fi and networking capable consumer electronics products, for remote control, audio, video and computing installed anywhere in the home, allowing consumers easy and convenient wired and wireless access of content through an 802.11 "Wi-Fi" transmission.
"We are pleased to partner with a residential home theater design and system integration company like Tweeter. The digital home is about the delivery of connectivity throughout the house, incorporating an array of devices and digital electronic technologies," explains Keith Karlsen, senior vice president of D-Link. "Home networking is not just for computing, but is evolving to all forms of media and consumer electronic products, and we look forward to working with Tweeter to provide networking solutions to the cutting edge consumer."
In addition to providing devices and value-added service functionalities, D-Link and Tweeter are also working to create and co-promote product packages, bundles and installation services designed to enhance overall product awareness and convenience to consumers.
"Our partnership with D-Link represents another important step in the evolution of home networking and installation here at Tweeter," says Dave Malin, Tweeter's Vice President of Audio Merchandising. "Our goal is to make complete home entertainment solutions for our customers. With D-Link, we are truly moving toward an era of simplicity, where we can have true "whole-house" access and easy control of every piece of audio and video equipment in the home. It's very exciting."
About Tweeter
Tweeter Home Entertainment Group, Inc. (NASDAQ: TWTR) was founded in 1972 by current Chairman Sandy Bloomberg. Based in Canton, Massachusetts, the company is a specialty retailer of mid- to high-end audio and video consumer electronics products. The company's fiscal 2002 revenues were $796 million. Tweeter was named "Consumer Electronics Retailer of the Year" four out of the past seven years by Audio-Video International, "1999 Retail Leader" by TWICE, and awarded Dealerscope's 1999 Dealer's Pride award. Tweeter Home Entertainment Group, Inc. now operates 175 stores under the Tweeter, HiFi Buys, Sound Advice, Bang & Olufsen, Electronic Interiors, Showcase Home Entertainment and Hillcrest High Fidelity names in the New England, Texas, Southern California, Mid-Atlantic, Chicago, Southeast, Florida and Phoenix markets. The company employs more than 3,600 associates.
About D-Link Systems, Inc.
Ranked by BusinessWeek as one of the top 100 Information Technology companies, D-Link is the worldwide leader and award winning designer and developer of networking, broadband, digital electronics, voice and data communications solutions for the digital home, Small Office/Home Office (SOHO), Small to Medium Business (SMB), and Workgroup to Enterprise environments. At $585 million in revenue for 2002 and with millions of Ethernet adapters, hubs and switch ports developed and shipped, D-Link is a dominant market participant and price/performance leader in the networking and communications market. D-Link U.S.A., Canadian, and Latin American headquarters are located at 53 Discovery, Irvine, CA, 92618. Phone (800) 326-1688 or (949) 788-0805; FAX (949) 753-7033; Internet
http://www.dlink.com.
Source: D-Link
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