posted
Klegg Electronics Joins the Ingram Express Global Distribution Program Wednesday January 3, 7:25 am ET
LAS VEGAS--(BUSINESS WIRE)--Klegg Electronics, Inc. (Pink Sheets: KLGE - News), announced today that they have signed an agreement with Global Marketing Partners Inc, (GMP) establishing access to the Ingram Express Global Distribution Program. The program is designed to assist new manufacturers in entering the Ingram Micro Inc. (NYSE: IM - News) vendor network. This new agreement will give Klegg Electronics access to Ingram Micro's world class distribution, logistics and broad retailer customer base. ADVERTISEMENT
The first Klegg product to be offered through the distribution program will be the Klegg Media Center Television. The Klegg Media Center Television allows viewers to download movies, television shows and music from the internet; pause, play and record live television, just like a DVR, and record programs to DVDs or CDs. The Klegg Media Center Television will appear online and in retailers through the Ingram Express Distribution Program in mid-January 2007.
Klegg's new Genesis brand flat panel televisions, Klegg Mini MP3 player, and other soon to be announced products will also be part of the Ingram Express Global Distribution Program beginning in late January 2007. Klegg's Genesis brand features the same quality components and performance as Klegg Electronics, but is geared to a broader consumer electronics market with lower pricing and an expanded retail distribution program.
Dennis Gentles, CEO of Klegg Electronics said, "Over the past year Klegg has worked to lay the groundwork to support the January 2007 Genesis launch through strategic alliances, technological acquisitions and marketing initiatives. We view the Ingram Express Global Distribution Program as a key component in Klegg's successful expansion of its retail distribution network."
About Ingram Micro
As a vital link in the technology value chain, Ingram Micro creates sales and profitability opportunities for vendors and resellers through unique marketing programs, outsourced logistics services, technical support, financial services, and product aggregation and distribution. The company serves 140 countries and is the only global IT distributor with operations in Asia. Visit www.ingrammicro.com.
About Klegg Electronics, Inc.
Klegg Electronics, Inc. (Pink Sheets:KLGE - News) is a manufacturer and distributor of high quality consumer electronics focused on designing a variety of digital media and entertainment products that work seamlessly together for today's automated smart homes. Kleggs' product line includes ultra thin vibrant flat panel TVs, state-of-the art media servers, home theater systems and MP3 and portable media players. Klegg distributes its high-end home electronics through specialty stores and custom integration dealers nationwide. The Company plans to launch the KLEGG GENESIS line of moderately priced TVs and portable electronics during the 2007 Consumer Electronics Show held in Las Vegas from January 8th - 11th . The corporation is headquartered in Las Vegas, NV. Learn more about Klegg Electronics at www.klegg.com
Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond our control that could cause actual events and results to differ materially from these statements. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Klegg undertakes no obligation to update publicly any forward-looking statements. As mentioned above, Klegg has a great product but has always been lacking in the distribution of them. But alas the time is here!!! Look Below.
Contact: Klegg Investor Relations Mike Jacobs, 888-465-5344 X750
Klegg Electronics Schedules Launch of New GENESIS Line of Flat Panel Televisions, Speakers and Portable Media Players Friday December 1, 6:00 am ET
LAS VEGAS--(BUSINESS WIRE)--Klegg Electronics, Inc. (Pink Sheets:KLGE - News) announced the launch date of its new GENESIS line of flat panel televisions, speaker systems and Klegg mini MP3 and digital video MPEG4 players. The new Klegg GENESIS products will feature the same quality components as the high-end high-performance Klegg Electronics line but will be geared toward a broader consumer electronics market with lower pricing and greater retail distribution. The first GENESIS flat panel televisions, speakers and Klegg mini MP3 players will appear in retail chains, on various internet e-tailers, and on the new Klegg GENESIS web-site on January 08, 2007. ADVERTISEMENT
To date, the Klegg Electronics product line has been classified as high-end and high-performance with features like Klegg's next generation Smart Home Technology, that allow multiple TVs, Media Players and audio products to communicate with each other over the internet. Prior to the launch of GENESIS, the Company's primary channel for distribution of its products has been specialty high-end retailers and custom installers.
Dennis Gentles, CEO of Klegg Electronics said, "Over the past year Klegg has worked to lay the groundwork to support the GENESIS launch through strategic alliances, technological acquisitions and marketing initiatives." He added, "The Company is confident that their entrance into the $21 billion consumer electronics industry with the new moderately priced Klegg GENESIS line of products and the continued growth of Klegg's original product line, estimated to increase in sales by 27% in 2006, will dramatically impact Klegg's 2007 operating results and will produce long term sustained growth for the Company."
About Klegg Electronics, Inc.
Klegg Electronics, Inc. (Pink Sheets:KLGE - News) is a manufacturer and distributor of high quality consumer electronics focused on designing a variety media and entertainment products that work seamlessly together for today's automated smart homes. Kleggs' product line includes ultra thin vibrant Flat Panel TVs, state-of-the art Media Servers, Home Theater Audio Systems and MP3 and portable media players. Klegg distributes its high-end home electronics through specialty stores and custom integration dealers nationwide. The Company plans to launch the KLEGG GENESIS line of moderately priced consumer electronics in the 1st Quarter of 2007. The corporation is headquartered in Las Vegas, NV. Learn more about Klegg Electronics at www.klegg.com
Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond our control that could cause actual events and results to differ materially from these statements. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Klegg undertakes no obligation to update publicly any forward-looking statements.
Contact: Klegg Investor Relations Mike Jacobs, 888-465-5344 X750
posted
This andrew Chang has a great track record!!
Andrew Chang Named as President of Klegg Asia
Thursday December 7, 9:47 am ET
LAS VEGAS--(BUSINESS WIRE)--Klegg Electronics, Inc. (Pink Sheets: KLGE - News) announced today that Andrew Chang has been named President of Klegg Electronics' Asia Division. Klegg currently operates its research, product development and manufacturing in Asia for both the Klegg Electronics and the new Klegg Genesis brand, scheduled to launch in the U.S. in January 2007. As part of Klegg's 2007 Genesis product launch and the continued expansion of the Company's Asian operations, Mr. Chang will open a new Klegg office in Taiwan in January 2007 and will add to the Company's current staff. As President of Klegg's Asia Division, Mr. Chang will be responsible for the Company's product development and manufacturing operations, as well as overseeing the Asian Sales and Marketing programs for the Company. ADVERTISEMENT
Prior to joining Klegg, Mr. Chang was a VP for BUSlink, Inc., from 2002 until 2005, at BUSlink he was responsible for Business Development, Operations and the Company's US and Asian markets; he successfully introduced BUSlink products to Best Buy and Dell.com. Before joining BUSlink, Mr. Chang was a Vice President at Norcent; during his tenure at Norcent, he was responsible for product development, marketing and sales of DVD, CD-RW drives, Mp3 players, Home theater systems, 14, 17 and 19 inch LCD Monitors and 32 and 42 inch Plasma televisions with sales in excess of $200 million annually. In addition, Andrew has served as a consultant for several large scale retail and specialty stores, including WalMart and CompUSA, successfully developing and expanding product lines, launching new products and increasing sales.
Klegg also announced that it plans to begin offering manufacturing services to other CE companies and build a line of private label OEM / ODM products, including MP3, digital media players and flat panel televisions. The Company is in final negotiations and anticipates that manufacturing operations will begin early in the second quarter of 2007, and OEM / ODM product sales will contribute to 2007 Q2 revenues. Mr. Chang will also be responsible for managing these important relationships and overseeing the continued expansion of the Company's OEM program.
Dennis Gentles, CEO of Klegg Electronics, said, "Andrew is a strong leader with a wealth of experience in operations, business development, manufacturing and marketing in the consumer electronics industry, we are confident that he will be invaluable in managing the Company's expanded Asian operations and continued growth."
About Klegg Electronics, Inc.
Klegg Electronics, Inc. (OTC:KLGE - News) is a manufacturer and distributor of high quality consumer electronics focused on designing a variety media and entertainment products that work seamlessly together for today's automated smart homes. Kleggs' product line includes ultra thin vibrant Flat Panel TVs, state-of-the art Media Servers, Home Theater Audio Systems and MP3 and portable media players. Klegg distributes its high-end home electronics through specialty stores and custom integration dealers nationwide. The Company plans to launch the KLEGG GENESIS line of moderately priced TVs and Portable Electronics in the 1st Quarter of 2007. The corporation is headquartered in Las Vegas, NV. Learn more about Klegg Electronics at www.klegg.com
Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond our control that could cause actual events and results to differ materially from these statements. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Klegg undertakes no obligation to update publicly any forward-looking statements.
Divo now has some real competition with the recent launch of the Enterastream Media Server.
The Enterastream from Klegg Electronics is a “home entertainment server” that connects to your television set allowing you to record, catalog, and display virtually any type of media. This product is nothing short of a computer which, at first glance, looks to be one.
With a massive 1.5 terabye hard drive, the Enterastream has enough space to save up to 250 DVD’s, 20,400 hours of music, 1.5 million digital photos, 1,200 hours of recorded television, and more.
Catalog all your DVD’s with cover art, and in-depth information allowing easy search and playback from your library. The Enterastream also supports playback for AVI, DivX, MPEG1, MPEG2 and MPEG4 formats.
Importing media into the Enterastream could not be easier. With built in FireWire, network (broadband ready), S-Video, composite, coaxial (RF), serial port, parallel port, and 2x USB inputs, you can rest assured that it will accept any form of media you have to offer.
The networking capability allows you to connect to the Internet, viewing web pages from your couch, or connect with your computer to download your previously saved video files, music files (mp3, ogg), and digital camera photos. Klegg has even set up a website for the Enterastream to automatically lookup your media information and assign proper titles, artists, etc,… or view your TV guide to schedule programs to record.
The Enterastream comes with a built in CD/DVD+/-RW drive to burn TV programs, create audio cd’s, and to burn to DVD your image slideshows that you create within the media server. The unit comes with a wireless IR keyboard and mouse for controls and functions.
If you’re a TV junkie, the Enterastream is a must have. With a personal video recorder capable of one-touch recording, scheduling recordings, watch while recording, and watch pre-recorded programs while recording, you can be assured that you will never miss a show again.
Posts: 6410 | Registered: Jul 2006
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posted
A follow up to todays PR. Ingram is a massive co.!!!
About Ingram Micro
As a vital link in the technology value chain, Ingram Micro creates sales and profitability opportunities for vendors and resellers through unique marketing programs, outsourced logistics services, technical support, financial services, and product aggregation and distribution. The company serves 140 countries and is the only global IT distributor with operations in Asia. Visit www.ingrammicro.com.
Ingram Micro Inc. is the world's largest technology distributor and a leading technology sales, marketing and logistics company. As a vital link in the technology value chain, Ingram Micro creates sales and profitability opportunities for vendors and resellers through unique marketing programs, outsourced logistics services, technical support, financial services and product aggregation and distribution.
Since its beginnings in 1979, Ingram Micro has connected technology solution providers with vendors worldwide, identifying markets and technologies that shape the IT industry. Today, Ingram Micro remains at the forefront of the global technology marketplace, bringing the latest products and services to market and finding new ways to bring value to our customers. The company offers a broad array of solutions and services to nearly 165,000 resellers by distributing and marketing hundreds of thousands of IT products worldwide from nearly 1,400 suppliers. Through Ingram Micro Logistics, the company provides customizable services for order management and fulfillment, contract manufacturing, contract warehousing, product procurement, product pack out and cartonization, reverse logistics, transportation management, customer care, credit and collection management services, and other value chain services. Ingram Micro serves 100 countries and is the only global IT distributor with operations in Asia
Posts: 6410 | Registered: Jul 2006
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Ingram Micro Reaffirms Fourth-Quarter Guidance in Advance of Investor Conferences
SANTA ANA, Calif., Nov 29, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Ingram Micro Inc. (NYSE: IM), the world's largest technology distributor, today reaffirmed its guidance for the fourth-quarter ending Dec. 30, 2006, in advance of executive presentations at upcoming investor conferences in December.
As originally reported on Oct. 24, 2006, sales are expected to range from $8.40 billion to $8.65 billion, with net income ranging from $85 to $92 million or $0.50 to $0.54 per diluted share based on 171 million weighted average shares outstanding and an effective tax rate of 28 percent.
Posts: 6410 | Registered: Jul 2006
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posted
Ingram Micro's IM-Logistics Division to Power BestBuy.com(TM) Fulfillment
Leading Retailer Selects IM-Logistics' Fulfillment Services for Its Proven Track Record
SANTA ANA, Calif., April 2 /PRNewswire/ -- Ingram Micro Inc. (NYSE:IM) , the largest global wholesale provider of technology products and supply chain management services, today announced its IM-Logistics division will provide outsourced logistics services to BestBuy.com(TM), Inc. a wholly owned subsidiary of Best Buy Co., Inc. (NYSE:BBY) .
Posts: 6410 | Registered: Jul 2006
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Klegg has an invitiation on their site to come see the launch of the new Genesis line and "covergence products" at the CES show Januray 8-11.
Join us for the launch of our new Genesis line of home electronics and convergence products!
Where: 2007 CES show Las Vegas, NV Convention Center Klegg Electronics Booth: 25311 - South Hall 2
When: January 8-11, 2007
Definition Of convergence from Wikipedia- Computing and technology
* Convergence (converged environments/networks) defines a multi-media environment and/or network where signals regardless of type (i.e. voice, quality audio, video, data, etc.) and encoding methodology may be seamlessly exchanged between independent endpoints with similar charactistics. Convergence in this case requires the overall environment have two primary characteristics: 1) the intelligence to provide translation between disparent signal types and multipoint routing to establish connectivity between requested endpoints 2) The ability to dynamically allocate required bandwidth to support endpoint requirements for each requested session. Convergence as defined by this is independent of signal format and transport media.
Convergence (converged environments/networks), as such, was formally defined in January 1992 by Phillip A. Coombs, Manager of Systems Integration for McGraw Broadcast Communications and President of the Gemini Group, Cincinnati, Ohio. This environment is fully described in US Patent 5,577,042.
* Convergence and "convergence time" are a process and a measure, respectively, of the adaptation of a computer network to unplanned changes in its topology or structure. For example, a routing protocol's convergence time is how long it takes between when a link is broken to when all of the routers (nodes) in the network have restructured their routing tables to take the next most optimal path. * Convergence (evolutionary computing) is a means of modelling the tendency for genetic characteristics of populations to stabilize over time. * Premature convergence is an anomaly in Evolutionary computation in which the population evolved to some stable yet sub-optimal state. * Technological convergence refers to a trend where some technologies having distinct functionalities evolve to technologies that overlap, i.e. multiple products come together to form one product, with the advantages each initial component.
Posts: 6410 | Registered: Jul 2006
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posted
What do you mean "Hesitated to bring it to allstocks"? There are 26 threads on it.
I've been in and out of this a few times over the last 10+ months, and everytime I was sure THAT would be the time it finally caught on. Good luck to anyone in it, but until I see some HUGE buying pressure, and jumps in the price, I don't see a reaso to get too excited. People have been yelling "Get in before it's too late" for the entire 11 months that I've been here, and the price has declined the entire time.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Having trouble finding some of the financials on this one, does anyone know how many o/s? Thanks in advance for your reply.
Posts: 7 | From: New York | Registered: Dec 2006
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quote:Originally posted by keeptrading: Having trouble finding some of the financials on this one, does anyone know how many o/s? Thanks in advance for your reply.
KLGE -- Klegg Electronics, Inc. Com ($0.001)
Search for Dun & Bradstreet reports on this company.
Address: 6320 McLeod Drive Suite 3 Las Vegas, NV 89120 USA
posted
Did some research on this, I like all the PRs you posted & I might be interested in this co on the strength of their future product line, like two-way IP TVs with MCE, budget Home Theater systems despite the failure of their previous flagship product, the Mini color MP3 player, due to poor distribution, high pricing, and lukewarm reviews. Plus the addition of Cheng and Ingram Micro (and they *really* need the distribution, their website's dealer list sucks and there are few if any online vendors); but I fear the dilution issue... 500 mil AS with 90 mil OS, according to the old thread on here (http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/2 /t/010370/p/1.html ) the OS in Feb was 24 mil and they said no dilution. I think they are trying hard to be successful but I don't think they care about the shareholders...
Funny thing is they paid for Paula Abdul's endorsement in shares
At least they stopped claiming they are going to uplist straight to Nasdaq and now they are shooting for the OTC BB..
posted
surfer u my homeboy we go back! lol i didnt say anything bad about the stock btw! heheh gl man
Posts: 3086 | From: miami | Registered: Nov 2005
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Made an obvious bottom when the Accumulation and CMoney Flow went nuts! When the CMoney Flow hit .50 you should have blew the horn IMO!! LOL ~
Something is going on with this stock now IMO, even Aroon went through the roof! That and the CMoney Flow being so massive [dang, how did I not see this! ]
Good day, I'm a shareholder in InGram for several years now. I noticed a Press Release today: LAS VEGAS--(BUSINESS WIRE)--Klegg Electronics, Inc. (Pink Sheets: KLGE - News), announced today that they have signed an agreement with Global Marketing Partners Inc, (GMP) establishing access to the Ingram Express Global Distribution Program. The program is designed to assist new manufacturers in entering the Ingram Micro Inc. (NYSE: IM - News) vendor network. This new agreement will give Klegg Electronics access to Ingram Micro's world class distribution, logistics and broad retailer customer base. ----------------------------------------------------- I'd be interested in knowing which retailers Klegg produts would be sold via...I.e. Amazon.com, Best Buy, Walmart, etc?? And How Ingram will enable them to grow their brand name recognition. Being an investor in Ingram for 5 years now I realize they can contribute greatly enabling young company like Klegg to gain needed recognition. Any source references, such as retailers that will be carrying Klegg products would be greatly appreciated as I am having a difficult time finding/buying their product outside of the MP3 player I own. Especially the 40 inch Media center which today's release states- "The Klegg Media Center Television will appear online and in retailers through the Ingram Express Distribution Program in mid-January 2007." Thank you for your time, Barry Gardner
and the response from INGRAM.......
Dear Barry,
In addition to enhancing their brand recognition, the primary benefit that Klegg will realize from their agreement with Ingram Micro is that they will have access to our over 160,000 reseller customers. Their products will be available to all customers of Ingram in the US, including Amazon, Best Buy, and Walmart.
Thank you for your interest in and support of Ingram Micro.
Regards,
Kay Leyba Senior Director of Investor Relations
BEST BUY, WALMART, AMAZON!!!
This is the next leg for klegg....LOL
Posts: 6410 | Registered: Jul 2006
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posted
Jan 04, 2007 (M2 PRESSWIRE via COMTEX) -- Klegg Electronics, Inc. (OTC:KLGE.PK) is a manufacturer and distributor of high quality consumer electronics focused on designing a variety of digital media and entertainment products that work seamlessly together for today's automated smart homes. Kleggs' product line includes ultra thin vibrant flat panel TVs, state-of-the art media servers, home theater systems and MP3 and portable media players. Klegg distributes its high-end home electronics through specialty stores and custom integration dealers nationwide. The Company plans to launch the KLEGG GENESIS line of moderately priced TVs and portable electronics during the 2007 Consumer Electronics Show held in Las Vegas from January 8th - 11th . The corporation is headquartered in Las Vegas, NV. Learn more about Klegg Electronics at www.klegg.com
Shares are up 8% with over 123,000 in volume. This momentum comes as Klegg Electronics, Inc. announced that they have signed an agreement with Global Marketing Partners Inc, (GMP) establishing access to the Ingram Express Global Distribution Program. The program is designed to assist new manufacturers in entering the Ingram Micro Inc. (NYSE: IM - News) vendor network. This new agreement will give Klegg Electronics access to Ingram Micro's world class distribution, logistics and broad retailer customer base.
**************** has emerged as the most exciting online financial newsletter! For international, small-cap investors who are looking to stay a step ahead of the markets visit ****************.
The first Klegg product to be offered through the distribution program will be the Klegg Media Center Television. The Klegg Media Center Television allows viewers to download movies, television shows and music from the internet; pause, play and record live television, just like a DVR, and record programs to DVDs or CDs. The Klegg Media Center Television will appear online and in retailers through the Ingram Express Distribution Program in mid-January 2007.
Klegg's new Genesis brand flat panel televisions, Klegg Mini MP3 player, and other soon to be announced products will also be part of the Ingram Express Global Distribution Program beginning in late January 2007. Klegg's Genesis brand features the same quality components and performance as Klegg Electronics, but is geared to a broader consumer electronics market with lower pricing and an expanded retail distribution program.
Dennis Gentles, CEO of Klegg Electronics said, "Over the past year Klegg has worked to lay the groundwork to support the January 2007 Genesis launch through strategic alliances, technological acquisitions and marketing initiatives. We view the Ingram Express Global Distribution Program as a key component in Klegg's successful expansion of its retail distribution network."
About Ingram Micro
As a vital link in the technology value chain, Ingram Micro creates sales and profitability opportunities for vendors and resellers through unique marketing programs, outsourced logistics services, technical support, financial services, and product aggregation and distribution. The company serves 140 countries and is the only global IT distributor with operations in Asia. Visit www.ingrammicro.com.
posted
Congrats to those who bought in, in the last few days. I'm still not convinced they've turned the corner, but I'm getting there Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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quote:Originally posted by PCola77: Congrats to those who bought in, in the last few days. I'm still not convinced they've turned the corner, but I'm getting there
My guess is you will be convinced next week.
Posts: 6410 | Registered: Jul 2006
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The KLM4001 is the current model with XP. The KLM4001A we previewed at the EHX Show has Vista installed and IP control for custom installation. We are unable to sell Vista until it is officially released later this month. But stayed tuned for the cool things we are releasing next week.
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