HAUPPAUGE, N.Y., July 22 /EMWNews/ -- The Consumer

Electronics Association (CEA)(R) began a new nationwide grassroots

educational initiative to help all Americans understand the importance of

trade to creating jobs and driving U.S. economic growth. This collaborative

effort among CEA and its membership kicked-off in high fashion yesterday

morning at Audiovox Corporation (Nasdaq: VOXX) headquarters.



    CEA is engaging in this national effort to highlight the importance of

trade to American companies and most importantly, American workers. This

28-state campaign will feature a pro-trade branded bus tour that will

embark on a "road trip" throughout the country -- visiting communities

across the Nation to demonstrate the value of trade to American business

and to our Nation's economy. A formal conference was held Mayor Bloomberg

and other CEA dignitaries yesterday afternoon, but not before the CEA bus

pulled into 150 Marcus Blvd. for opening remarks by Audiovox Chairman, John

Shalam and Audiovox CEO, Patrick Lavelle, who also serves as Chairman of

CEA.



    "America Wins with Trade is a fitting CEA slogan, because we do win. We

win by creating jobs, fueling corporate growth and by putting more money in

the hands of the consumers to aid economic expansion," said Shalam.

"America is the largest exporter of goods and services in the world. If we

continue to allow our global competitors to enter new countries before us

and establish their brands and presence, it becomes harder for us to

compete and cuts down on our exports, which has a damaging effect on the

U.S. economy. The consumer electronics industry is a vital part of

America's global economy and I am appreciative of CEA's efforts."



    Spurred by trade, the consumer electronics industry is projected to

generate $1.4 trillion in direct business activity this year and directly

employ more than 4.4 million Americans. Trade plays a critical role in the

industry's health -- for example one in seven of those jobs, or about

616,000 jobs, is directly tied to America's trade overseas. Of CEA's 2,300

members, 80 percent are small and mid-sized companies with revenues of $30

million or less. For companies of this size in particular, trade is crucial

for business growth and domestic job creation.



    "Free trade fosters competition, which in the end, directly benefits

consumers as product quality is enhanced and at more affordable prices. It

also creates jobs both in and outside of the United States. The efforts

underway by CEA are of the utmost importance to Audiovox, the consumer

electronics industry and America. I would like to commend CEA for taking

such an active role in educating our legislators and the public at large

about the importance of free trade and how it benefits all Americans,"

stated Pat Lavelle.



    CEA has called on Congress to pursue a pro-growth trade policy that

includes:



    -- Aggressively pursuing bilateral trade agreements. In the absence of

an agreement in the Doha Round of the World Trade Organization (WTO),

bilateral trade agreements offer the next best way to open foreign markets

to U.S. small businesses. Trade agreements create sales opportunities,

reduce costs and diminish uncertainties. Through trade agreements we can

implement intellectual property rights standards, establish substantive

investment protections and provide increased transparency to U.S.

exporters. Currently, CEA urges Congress to pass the Colombia, Panama and

Korea Free Trade Agreements.



    -- Reauthorize trade promotion authority. Without trade promotion

authority our trading partners will be reluctant to negotiate trade pacts

with the U.S. America's hands will be tied, and the U.S. will fall behind

other nations negotiating trade agreements at an unprecedented pace.



    -- Eliminate non-tariff barriers. Non-tariff barriers hinder trade and

burden small companies with unnecessary compliance costs. Examples of these

barriers include cumbersome customs regulations, corrupt government

procurement processes, and most recently, a proliferation of divergent or

non-harmonized approaches to environmental standards, among others.



    -- Uphold and enforce trade agreements. In addition to pursuing new

agreements, the U.S. must commit to maintaining and enforcing those

agreements already in place. The U.S. must take an aggressive stance to

protect products already covered by the WTO's Information Technology

Agreement (ITA). The ITA covers over 97 percent of the world trade in

information technology products, and provides for the elimination of duties

on those covered products. But as technology has evolved, many countries

claim that the ITA does not apply to the next generation of covered

products. It is crucial for the United States to uphold provisions of the

ITA that allow for future developments of IT products and enable companies

to enjoy the full scope of the agreements intended duty-free benefits.



    "Trade isn't just vital to our companies and our industry, it is

essential to preserving America's prosperity and way of life. Our political

leaders have told us to make the case to the American people why trade is

vital to our nation's future, so we are launching this nationwide effort,"

said CEA President and CEO Gary Shapiro. "The facts demonstrate that trade

creates millions of American jobs and provides billions of dollars to our

economy. When America competes in the global marketplace, our nation's

economy and workers win."

    About CEA



    The Consumer Electronics Association (CEA) is the preeminent trade

association promoting growth in the $161 billion U.S. consumer electronics

industry. More than 2,200 companies enjoy the benefits of CEA membership,

including legislative advocacy, market research, technical training and

education, industry promotion and the fostering of business and strategic

relationships. CEA also sponsors and manages the International CES -- Where

Entertainment, Technology and Business Converge. All profits from CES are

reinvested into CEA's industry services. Find CEA online at

http://www.CE.org. For more information on the CEA trade initiative, please

go to http://www.americawinswithtrade.com.



    About Audiovox



    Audiovox (Nasdaq: VOXX) is a recognized leader in the marketing of

automotive entertainment, vehicle security and remote start systems,

consumer electronics products and consumer electronics accessories. The

company is number one in mobile video and places in the top ten of almost

every category that it sells. Among the lines marketed by Audiovox are its

mobile electronics products including mobile video systems, auto sound

systems including satellite radio, vehicle security and remote start

systems; consumer electronics products such as MP3 players, digital

camcorders, DVRs, clock radios, portable DVD players, portable GPS,

flat-panel TV's, extended range two-way radios, multi media products like

digital picture frames and home and portable stereos; consumer electronics

accessories such as indoor/outdoor antennas, connectivity products,

headphones, speakers, wireless solutions, remote controls, power & surge

protectors and media cleaning & storage devices; Energizer-branded products

for rechargeable batteries and battery packs for camcorders, cordless

phones, digital cameras and DVD players, as well as for power supply

systems, automatic voltage regulators and surge protectors. The company

markets its products through an extensive distribution network that

includes power retailers, 12-volt specialists, mass merchandisers and an OE

sales group. The company markets products under the Audiovox, RCA, Jensen,

Acoustic Research, Energizer, Advent, Code Alarm, TERK, Prestige and

SURFACE brands. For additional information, visit our web site at

http://www.audiovox.com.



    Safe Harbor Statement



    Except for historical information contained herein, statements made in

this release that would constitute forward-looking statements may involve

certain risks and uncertainties. All forward-looking statements made in

this release are based on currently available information and the Company

assumes no responsibility to update any such forward-looking statement. The

following factors, among others, may cause actual results to differ

materially from the results suggested in the forward-looking statements.

The factors include, but are not limited to, risks that may result from

changes in the Company's business operations; our ability to keep pace with

technological advances; significant competition in the mobile and consumer

electronics businesses as well as the wireless business; our relationships

with key suppliers and customers; quality and consumer acceptance of newly

introduced products; market volatility; non-availability of product; excess

inventory; price and product competition; new product introductions; the

possibility that the review of our prior filings by the SEC may result in

changes to our financial statements; and the possibility that stockholders

or regulatory authorities may initiate proceedings against Audiovox and/or

our officers and directors as a result of any restatements. Risk factors

associated with our business, including some of the facts set forth herein,

are detailed in the Company's Form 10-K for the fiscal year ended February

29, 2008 and Form 10-Q for the fiscal first quarter ended May 31, 2008.



    Contact: Glenn Wiener, GW Communications






               Tel: 212-786-6011 / Email: [email protected]