HARMAN Appoints Digital China Holdings as Distributor in Support of China Growth Strategy

Published on Friday, 25 June 2010 08:36 Written by TradersHuddle Staff

SHANGHAI-( Business Wire )-

HARMAN, the global premium audio and infotainment group (NYSE:HAR), said today that it has appointed Digital China Holdings Limited (00861.HK) as its distributor for consumer multimedia products in the Peoples’ Republic of China. The relationship is intended to support Harman’s strategy for increased penetration of its premium headphones, docking stations, computer and gaming speakers, and related products under the JBL and Harman Kardon brand names across the fast-growing China markets. Harman is the only company whose brands have earned two prestigious GRAMMY® Awards for technical achievement.

“We look forward to working with the Digital China team to introduce a growing audience of Chinese consumers to our popular multimedia products,” said David Slump, President, Harman Consumer Division. “Their deep knowledge of the local markets, sophisticated logistics processes and broad distribution infrastructure will quickly expand Harman’s presence on the ground as we delight new customers with premium multimedia technologies and prompt, personal customer service.

Digital China (www.digitalchina.com) is a leading integrated IT and business services provider in China, driving technological innovations for work and life. The company has regional centers in 19 major cities across China, strategic partnerships with more 100 leading vendors worldwide and a network of more than 10,000 resellers and agents across the country. Digital China focuses on eight major business segments in the China market, including Distribution and Retail, IT Planning, Business Process Outsourcing, Application Development, System Integration, Hardware Infrastructure Services, Maintenance, and Hardware Installation. The company’s shares are traded on the Hong Kong stock exchange as symbol 00861.HK.

HARMAN (www.harman.com) designs, manufactures and markets a wide range of audio and infotainment solutions for the automotive, consumer and professional markets – supported by 15 leading brands including AKG®, Harman Kardon®, Infinity®, JBL®, Lexicon® and Mark Levinson®. The Company is admired by audiophiles across multiple generations and supports leading professional entertainers and the venues where they perform. More than 20 million automobiles on the road today are equipped with HARMAN audio and infotainment systems. HARMAN has a workforce of about 11,000 people across the Americas, Europe and Asia, and reported sales of $3.2 billion for the last twelve months ended March 31, 2010. The Company’s shares are traded on the New York Stock Exchange under the symbol NYSE:HAR.

HARMANBrad A. Hoffman, 203-328-3500Vice President, Corporate This e-mail address is being protected from spambots. You need JavaScript enabled to view it.