and Other Low Power Mobile Electronic Devices
SCOTTSDALE, Ariz., Aug. 10 - Mobility Electronics, Inc. (Nasdaq: MOBE), a leading provider of innovative portable power and computing solutions for the mobile electronic device user, announced today that it is now shipping the new iGo Auto/Air40 power adapter designed to power and charge most portable DVD player brands and models from any standard DC power source such as a car, boat, RV or airplane.
Demonstrating the ongoing implementation of iGo's patented itip(TM) technology, which allows one adapter to charge multiple devices through the use of interchangeable tips, customers using the iGo Auto/Air40 adapter will also be able to power and charge hundreds of brands and thousands of models of other low-power, mobile electronic (ME) devices such as mobile phones, PDAs, digital cameras or MP3 players, by simply switching the itip.
The adapter is expected to be available for sale online at http://www.igo.com and at select retail locations nationwide this August.
The iGo Auto/Air40 package includes six itips that work with a diverse variety of portable DVD players. Additional itips for other low-power devices are sold separately.
"The iGo Auto/Air40 power adapter provides an excellent solution for travelers. We are delighted to offer yet another solution that will immediately enrich our existing line of DC adapters," said Charles Mollo, chief executive officer of Mobility Electronics. "According to industry analysts, the portable DVD market is expected to increase 40% to more than 11 million units in 2005. The iGo Auto/Air40 adapter is the first universal DC power adapter targeted specifically at the rapidly growing portable DVD player market, and it allows us to expand our market presence and further position our itip technology for strong growth."
The iGo Auto/Air40 power adapter offers the following key features and benefits:
* Allows power access from a car, boat, RV or airplane -- perfect for
watching DVDs on long road trips or cross-country, or intercontinental
flights.
* Equipped with DC connectors that accept power from two different types
of DC outlets: standard cigarette lighter outlets and Empower systems
found on airplanes.
* Includes Mobility Electronics' patented itip(TM) technology -- allows
users to power and charge virtually all major brands of ME devices
with a single adapter and interchangeable tips.
* Features automatic voltage and current regulation -- eliminates the
need to select voltage manually and ensures all devices receive the
appropriate amount of power.
* Features automatic temperature protection -- results in much cooler
operation, higher reliability and a longer useful life than competing
power adapters.
About Mobility Electronics, Inc.
Mobility Electronics, Inc., based in Scottsdale, Arizona, is a designer and developer of universal power adapters for high-power (e.g., portable computers) and low-power (e.g., mobile phones, PDAs, digital cameras, etc.) mobile electronic devices, and is also the creator of the patented intelligent tip ("itip") technology. Mobility Electronics' iGo brand offers a full line of AC, DC and combination AC/DC power adapters for high- and low-power mobile electronic (ME) devices. All these adapters leverage the Company's itip technology, which enables one power adapter to power/charge hundreds of brands and thousands of models of ME devices through the use of interchangeable tips.
The Company also offers hardware products for handheld devices; expansion and docking products for servers, desktop and portable computers through its MAGMA(TM) brand; and other accessories for the mobile electronic device market.
Mobility Electronics' products are available at http://www.igo.com as well as through leading resellers, retailers and OEM partners. For additional information call 480-596-0061, or visit http://www.mobilityelectronics.com.
Mobility Electronics and iGo are registered trademarks, and ... improving your mobile experience is a trademark of Mobility Electronics, Inc. All other trademarks or registered trademarks are the property of their respective owners.
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expectations relating to the expected timing and availability of the iGo Auto/Air40 adapter. These forward-looking statements are based on management's current expectations and beliefs and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward- looking statements. In particular, factors that could cause actual results to differ materially from those in the forward-looking statements include unexpected delays in the availability of the iGo Auto/Air40 adapter, the sell through rates of the Company's power adapters; delays or cessation of shipments of the Company's products to various retail outlets; the timing and success of new product introductions; the development and introduction of new products by us and our competitors; the performance of suppliers and subcontractors; industry and general economic or business conditions; and other factors detailed in our filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements.
