LOUD Expands Latin American Market Presence
Appoints Studio Sound International as territory rep firm
WOODINVILLE, WA – January 5, 2011 – LOUD Technologies Inc. (“LOUD”) today announced the appointment of Studio Sound International (“SSI”) as the new independent sales rep firm for the Company’s Ampeg, Blackheart, Crate and Mackie brands in Latin America.
"I have always admired Mackie for their value and sound. Ampeg is as legendary a bass amp name as one can get, and having U.S. and overseas-built solutions is key for the Latin-American market. Crate offers real price-point value and a name young users can trust. Blackheart has great boutique guitar amp solutions at an amazing price point, even for the most demanding players,” explained SSI president, Chris Adams.
"Armed with the most sought-after brands in the business, and a wide range of gear perfectly suited to the Latin American market, LOUD is poised for an aggressive cycle of growth in the region," said Henri Cohen, director of sales for LOUD. "SSI’s deep knowledge and expertise of the Latin American market will be invaluable as we implement our plan for growth in 2011 and beyond."
About Studio Sound International
SSI is one of only a handful of companies that represents professional music products for the Latin-American marketplace. The company is led by Chris Adams, native South-American and life long-music professional, who has decades of experience in the Pro Audio marketplace. With the recent addition of the LOUD Technologies Family of Brands, Mackie, Ampeg, Blackheart, and Crate, SSI's roster consists of 21 Legendary Brands that cover the product range of Pro Audio, Live Sound, MI and Accessories and provides a complete solution to distribution partners in Latin-America. For manufacturers, SSI provides a turnkey solution to grow and succeed in this very specialized region. SSI's U.S. office is located in Orange County, California. The Latin-American office is in Montevideo, Uruguay. For more information please visit: www.studiosoundintl.com
About LOUD Technologies Inc.
LOUD Technologies Inc. (NasdaqCM: LTEC) is one of the largest manufacturers and marketers of professional audio and music products. As the corporate parent for world‑recognized brands including Alvarez, Ampeg, Crate, EAW, Mackie, Martin Audio and TAPCO, LOUD produces a wide range of digital recording products, loudspeakers, commercial audio systems, audio and music software, guitars, guitar and bass amplifiers and orchestral string instruments. LOUD’s brands may be found in professional and project recording studios, video and broadcast suites, post-production facilities, sound reinforcement applications including churches, nightclubs and retail locations, and on major musical tours. For more information, please see our website: www.loudtechinc.com.
Forward-Looking Statements
This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and the following: changes in demand for the Company's products, product mix, the timing of customer orders and deliveries, the impact of competitive products and pricing, constraints on supplies of critical components, excess or shortage of production capacity, difficulties encountered in the integration of acquired businesses and other risks discussed from time to time in the Company's Securities and Exchange Commission filings and reports. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.
For more information please contact: LOUD Technologies Inc. – 16220 Wood-Red Road N.E. – Woodinville, WA 98072 – Phone: (425) 487-4333 – Fax: (425) 487-4337 – Internet: www.loudtechinc.com.
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