UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 14, 2006
AUDIOVOX CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
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(State or other jurisdiction of incorporation)
0-28839 13-1964841
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(Commission File Number) (I.R.S. Employer Identification No.)
150 Marcus Blvd., Hauppauge, New York 11788
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (631) 231-7750
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of file
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(e))
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ITEM 8.01 OTHER EVENTS
As previously disclosed in our prior 8-K filing, on May 11, 2006, we received a
letter from the Office of Engineering and Technology Laboratory (OET) of the
Federal Communications Commission (FCC) stating that they had tested the
Audiovox Xpress Model XMCK10 and had determined that the transmitter was not in
compliance with the FCC emissions limits. We have provided information to the
FCC regarding the testing, emissions and other matters relating to this
transmitter. We conducted an internal review and we suspended shipments of this
unit.
We subsequently obtained a new certification for modified equipment
configurations with compliance testing based upon in-vehicle testing of three
representative vehicles, consistent with the FCC's spring 2006 clarification of
testing procedures. We have recently been advised that our new equipment
certification has been dismissed (but not denied) by the FCC. Dismissal allows
the equipment certification to be reinstated if the equipment is deemed
compliant. We are working to complete design or installation modifications,
conducting additional testing for XM Xpress radios, and addressing uncertainties
regarding emissions variability with testing results. No health or safety issues
are involved with these wireless XM radios, and this matter does not pertain to
any other Audiovox XM radio. We continue to suspend shipments of the Xpress unit
until it is determined that it operates within FCC approved specifications.
The information furnished under Item 8.01 shall not be deemed to be filed for
the purposes of Section 18 of the Securities Exchange Act of 1934, as amended,
and will not be incorporated by reference into any registration statement filed
under the Securities Act of 1933, as amended, unless specifically identified
therein as being incorporated therein by reference.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
AUDIOVOX CORPORATION (Registrant)
Date: July 19, 2006 /s/ Charles M. Stoehr
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Charles M. Stoehr,
Senior Vice President and
Chief Financial Officer
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