Emerson Radio Corp. Acquires Assets of Consumer Electronics Brand Olevia
The Olevia brand is primarily known for its value line of high-definition, large format LCD televisions which were sold through mass merchant and regional retailers in key global markets including the U.S. and
“Emerson has built a reputation for delivering quality products at attractive price points and the addition of the Olevia brand, which is synonymous with value priced consumer electronics, is a natural fit to our brand portfolio,” said
About Emerson Radio Corp.
Emerson Radio Corporation (NYSE Alternext US, LLC: MSN), founded in 1948, is headquartered in
Forward Looking Statements
This release contains “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management’s current knowledge, assumptions, judgment and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct and you should be aware that actual results could differ materially from those contained in the forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, including the risk factors detailed in the Company’s reports as filed with the Securities and Exchange Commission. The Company assumes no obligation to update the information contained in this news release.
SOURCE Emerson Radio Corp.