Harman International Announces New Collaboration with Sony
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Harman International Announces New Collaboration with Sony Audio and Entertainment Leaders Join Forces on New Products and Retail Sales STAMFORD, CT – Harman International Industries, Incorporated (NYSE: HAR), the global leader in audio and infotainment, announced today two important initiatives in a newly-formed collaboration with Sony Corporation. Combining the superior technology and innovation for which both companies are world-renowned, Harman has introduced the new JBL® docking station designed for Sony’s Walkman® digital media player. Launched in November 2009, the JBL Sony Walkman docking stations will initially be sold exclusively in the Japanese market, and then introduced into other markets in the course of 2010. Additionally, Sony has begun offering products under Harman’s JBL brand in Sony Style stores throughout Canada, and Sony is assessing the expansion of this relationship into other markets. Several JBL products will be available in the Sony Style stores, including the JBL Balboa, CS and ES home sound system speakers, and JBL Duet II and JBL Duet III portable speakers. “By collaborating on both technologies and retail distribution channels, Harman and Sony have upped the ante in bringing consumers the most advanced sound systems available for home and personal use,”said Dinesh C. Paliwal, Chairman, President and CEO of Harman International. “Both companies have a long history of developing products whose innovation is unsurpassed, and we look forward to expanding this exciting partnership with Sony in the months and years to come.” Sony Style stores and www.sonystyle.com offer the company’s latest products and accessories directly to consumers. Harman International (www.harman.com) designs, manufactures and markets a wide range of audio and infotainment products for the automotive, consumer and professional markets. The Company maintains a strong presence in the Americas, Europe and Asia and employs about 10,500 people worldwide. The Harman International family of brands spans more than a dozen leading names including AKG, Becker, BSS, Crown, DigiTech, Harman Kardon, Infinity, JBL, Lexicon, Mark Levinson, QNX, Soundcraft and Studer. The Company’s shares are traded on the New York Stock Exchange under the symbol HAR. JBL is a registered trademark of Harman International Industries, Incorporated. WALKMAN is a registered trademark of Sony Corporation. .