Press Release

VOXX International Corporation To Celebrate Its 25TH Year As A Public Company By Hosting The NASDAQ Closing Bell Ceremony On December 18, 2012

12/17/12

HAUPPAUGE, N.Y., Dec. 17, 2012 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX), today announced that it will host The NASDAQ Stock Market Closing Bell at the NASDAQ MarketSite in Times Square, New York on December 18, 2012.

John Shalam, Chairman of the Board and Pat Lavelle, Chief Executive Officer, will ring The NASDAQ Stock Market Closing Bell.  Both Mr. Shalam and Mr. Lavelle will be joined by members of VOXX International's executive management team, employees and Board Directors to commemorate the event.

VOXX International Corporation began trading on the American Stock Exchange under the ticker symbol "VOXX" in 1987 following the successful completion of its Initial Public Offering.  In 2000, the Company switched to the NASDAQ Global Select Market and its stock has traded there since.  A live webcast of the NASDAQ Closing Bell Ceremony will be available online at http://www.nasdaq.com/about/marketsitetowervideo.asx.

About VOXX International Corporation
VOXX International Corporation (NASDAQ:VOXX) is the new name for Audiovox Corporation, a company that was formed over 45 years ago as Audiovox that has grown into a worldwide leader in many automotive and consumer electronics and accessories categories, as well as premium high-end audio.  Through its wholly owned subsidiaries, VOXX International proudly is recognized as the #1 premium loudspeaker company in the world, and has #1 market positions in automotive video entertainment and remote starts, digital TV tuners and digital antennas.  The Company's brands also hold #1 market share for TV remote controls and reception products and leading market positions across a wide-spectrum of other consumer and automotive segments.
 
Today, VOXX International is a global company….with an extensive distribution network that includes power retailers, mass merchandisers, 12-volt specialists and most of the world's leading automotive manufacturers.  The company has an international footprint in Europe, Asia, Mexico and South America, and a growing portfolio, which is now comprised of over 30 trusted brands. Among the key domestic brands include Klipsch®, RCA®, Invision®, Jensen®, Audiovox®, Terk®, Acoustic Research®, Advent®, Code Alarm®, CarLink®, Excalibur® and Prestige®.  International brands include Hirschmann®, Klipsch®, Jamo®, Energy®, Mirage®, Mac Audio®, Magnat®, Heco®, Schwaiger®, Oehlbach® and Incaar™.  The Company continues to drive innovation throughout all of its subsidiaries, and maintains its commitment to exceeding the needs of the consumers it serves.  For additional information, please visit our Web site at www.voxxintl.com.

Safe Harbor Statement
Except for historical information contained herein, statements made in this release that would constitute forward-looking statements may involve certain risks and uncertainties. All forward-looking statements made in this release are based on currently available information and the Company assumes no responsibility to update any such forward-looking statement. The following factors, among others, may cause actual results to differ materially from the results suggested in the forward-looking statements. The factors include, but are not limited to risks that may result from changes in the Company's business operations; our ability to keep pace with technological advances; significant competition in the mobile and consumer electronics businesses as well as the accessories  business; our relationships with key suppliers and customers; quality and consumer acceptance of newly introduced products; market volatility; non-availability of product; excess inventory; price and product competition; new product introductions; the possibility that the review of our prior filings by the SEC may result in changes to our financial statements; and the possibility that stockholders or regulatory authorities may initiate proceedings against VOXX International Corporation and/or our officers and directors as a result of any restatements. Risk factors associated with our business, including some of the facts set forth herein, are detailed in the Company's Form 10-K for the fiscal year ended February 29, 2012.

Company Contact:
Glenn Wiener, GW Communications
Tel: 212-786-6011
Email: gwiener@GWCco.com  

SOURCE VOXX International