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Logitech-Press related Technical Updates [Page: 42 of 49] @ TACKtech Corp. |
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Logitech — Nov. 2, 2010 —Logitech and independent research firm Wakefield Research announced today the results of the Global Remote Control Trends Study. The survey of seven countries from around the globe revealed that entertainment is being hindered by the increase in living room gadgets and a lack of simplicity of use. In nearly every country in the survey, almost half of remote users needed to press three or more buttons – usually on multiple remote controls – just to watch a DVD. Logitech is proud to help consumers ease the transition from cluttered mess to sleek simplicity with the Logitech Harmony line of remotes. Logitech’s Harmony remotes offer features from touch screens to activity-based control, making it easy to access your most used functions. After a brief set up, whatever people want to watch, play, or listen to, with Logitech Harmony consumers are just one touch away from their entertainment.
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Full View / NID: 35467 / Submitted by: The Zilla of Zuron
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FREMONT, Calif. — Nov. 1, 2010 — Today, Logitech (SIX: LOGN) (NASDAQ: LOGI) introduced the Logitech® Wireless Solar Keyboard K750 — the company’s first light-powered keyboard. The Logitech Wireless Solar Keyboard powers itself whenever there’s light, even indoors, making battery hassles a thing of the past.
“The keyboard is still the best input device for typing emails and IMs, updating your Facebook™ page or posting responses to your favorite blogs — and the Logitech Wireless Solar Keyboard K750 is the next big innovation in keyboard technology,” said Denis Pavillard, vice president of product marketing for Logitech’s keyboards and desktops. “The Logitech Wireless Solar Keyboard is powered by light but can work in total darkness for up to three months. Plus, with its PVC-free construction and fully recyclable packaging, it’s designed to minimize its footprint.”
Powered by Light — Even Indoors
To give you hassle-free convenience, the Logitech Wireless Solar Keyboard powers itself through its integrated solar panel — no power bricks or charging cables needed.
The included solar power app (available for download beginning Nov. 15, 2010 at www.logitech.com/k750/solarapp) a lux meter to help you get the necessary light, makes it easy to get at-a-glance information about battery levels, and even alerts you when you need more power.
Logitech’s first solar keyboard can be powered by indoor light and stays charged for at least three months in total darkness. Plus an integrated power-indicator light eliminates surprises.
Only 1/3-Inch Thick
But Logitech did much more than bring solar power to the keyboard.
At only 1/3-inch thick, the sleek Logitech Wireless Solar Keyboard looks good. With its rounded edges and thin profile, this stylish, streamlined keyboard is a joy to hold and behold.
Feel-Good Typing
The low-profile keyboard features Logitech Incurve keys™. Using a concave design, Incurve keys support the shape of your fingertips, while helping guide your fingers to the right keys. In addition, the soft, rounded edges make it easy for your fingers to glide from key to key.
Powerful, Reliable Wireless Connection with Logitech Unifying Technology
The Logitech Wireless Solar Keyboard K750 offers Logitech Advanced 2.4 GHz wireless connectivity, keeping you connected with virtually no delays or dropouts, so you get all the benefits of a cord, with the convenience of wireless. Logitech Advanced 2.4 wireless also includes 128-bit AES encryption with the keyboard — one of the highest levels of security available.
Plus, the tiny Logitech® Unifying receiver is small enough to stay in your laptop, so there’s no need to unplug it when you move around. And you can easily add up to six Logitech Unifying and Unifying-ready mice and keyboards — without the hassle of multiple USB receivers.
Pricing and Availability
The Logitech Wireless Solar Keyboard K750 is expected to be available in the U.S. and Europe in November 2010 for a suggested retail price of $79.99 (U.S.). To learn more about the Logitech Wireless Solar Keyboard K750 please visit www.logitech.com or our blog for more information.
About Logitech
Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech’s combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI).
# # #
Logitech, the Logitech logo, and other Logitech marks are registered in Switzerland and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s Web site at www.logitech.com.
(LOGI-IR)
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Full View / NID: 35455 / Submitted by: The Zilla of Zuron
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FREMONT, Calif. —October 29, 2010— With National Crime Prevention Month coming to a close and Halloween just around the corner, Logitech (SWX: LOGN) (NASDAQ: LOGI) today announced a collaboration with CrimeReports.com that will enable the registration of Logitech® Alert™ digital video security cameras within its new Neighborhood Central crime prevention service. Logitech Alert is the easy-to-setup, easy-to-use, complete HD digital video security system that lets you keep an eye on what matters most anytime, anywhere, on your PC or smartphone. Neighborhood Central – introduced as a beta in August by the leading provider of online crime mapping, CrimeReports.com – is a free, online service that seamlessly connects community members and law enforcement in an effort to help prevent and decrease crime.
The Logitech Alert 750i Master System and the Logitech Alert 750e Outdoor Master System are offered for a suggested retail price of $299.99 and $349.99 (U.S.), respectively. The Logitech Alert 700i Add-On Camera and the Logitech Alert 700e Outdoor Add-On Camera are offered for the suggested retail price of U.S. $229.99 and $279.99 (U.S.), respectively. Please visit www.logitech.com/alert for more information. Neighborhood Central is a free online service available at www.crimereports.com.
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Full View / NID: 35434 / Submitted by: The Zilla of Zuron
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FREMONT, Calif., Oct. 27, 2010 and MORGES, Switzerland, Oct. 28, 2010 — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the second quarter of Fiscal Year 2011.
Sales for Q2 FY 2011 were $582 million, up 17 percent from $498 million in the same quarter last year. Excluding the unfavorable impact of exchange rate changes, sales increased by 21 percent. Operating income was $51 million, an increase of 87 percent compared to $27 million in the same quarter a year ago. Net income for Q2 was $41 million ($0.23 per share) compared to $21 million ($0.11 per share) in Q2 of FY 2010. Gross margin for Q2 FY 2011 was 37.3 percent, up from 30.5 percent one year ago and the Company’s highest-ever quarterly gross margin.
Logitech’s retail sales for Q2 FY 2011 grew by 11 percent year over year, with an increase in Asia of 38 percent, an increase in the Americas of 19 percent, and a decrease in EMEA of 3 percent. OEM sales increased by 10 percent. The LifeSize division, which was not included in the previous year’s results, contributed 6 percentage points to the Company’s Q2 FY 2011 sales growth compared to the prior year.
“We’re very pleased with our strong performance in Q2,” stated Gerald P. Quindlen, Logitech president and chief executive officer. “We delivered double-digit growth in both sales and operating income, and we continued the momentum in our LifeSize division. We also achieved the highest quarterly gross margin in our history, primarily due to favorable product mix shifts and supply chain efficiency improvements.
“As a result of our very strong gross margin performance in the first half of FY 2011, we have raised our operating income outlook for the full fiscal year. In addition, we have raised our sales outlook for the full fiscal year to include our initial estimate of sales for our line of products for Google TV. We’re very encouraged both by early indicators of enthusiasm for our Logitech Revue with Google TV and associated peripherals and the opportunity for developing another long-term growth driver for our business.”
Outlook
For Fiscal Year 2011, ending March 31, 2011, Logitech has raised its sales outlook from the previous range of $2.3 to $2.35 billion to the new range of $2.35 to $2.4 billion. The target for operating income has been raised from the previous range of $160 to $170 million to the new range of $170 to $180 million. Expected gross margin has increased to approximately 36 percent from the previous range of 34 to 35 percent. The expected tax rate continues to be approximately 16 percent.
Earnings Teleconference and Webcast
Logitech will hold an earnings teleconference on Thursday, Oct. 28, 2010 at 8:30 a.m. Eastern Daylight Time and 14:30 Central European Summer Time. A live webcast of the call, along with presentation slides, will be available on the Logitech corporate Web site at http://ir.logitech.com.
About Logitech
Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech’s combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI).
# # #
This press release contains forward-looking statements, including the statements regarding anticipated sales, operating income, gross margin and tax rate for FY 2011, and Logitech’s products for Google TV being a potential long-term growth driver. The forward-looking statements in this release involve risks and uncertainties that could cause Logitech’s actual results to differ materially from that anticipated in these forward-looking statements. Factors that could cause actual results to differ materially include: the demand of our customers and our consumers for our products and our ability to accurately forecast it; the effect of pricing, product, marketing and other initiatives by our competitors, and our reaction to them, on our sales, gross margins and profitability; if consumer reaction to and demand for Google TV and our products for it are less positive than we expect; the sales mix among our lower- and higher-margin products and our geographic sales mix; if our product introductions and marketing activities do not result in the sales and profitability growth we expect, or when we expect it; if we fail to take advantage of long-term trends in the consumer electronics and personal computers industries, including the growth of mobile computing devices such as smartphones and tablets; if there is a deterioration of business and economic conditions or significant fluctuations in currency exchange rates; competition in the video conferencing and communications industry, including from companies with significantly greater resources, sales and marketing organizations, installed base and name recognition; as well as those additional factors set forth in Logitech’s periodic filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2010, and our Quarterly Report on Form 10-Q for the quarter ended June 30, 2010, available at www.sec.gov. Logitech does not undertake to update any forward-looking statements.
Logitech, the Logitech logo, and other Logitech marks are registered in Switzerland and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s Web site at www.logitech.com.
(LOGI – IR)
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Full View / NID: 35413 / Submitted by: The Zilla of Zuron
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Logitech – Oct. 6, 2010 – Logitech (SIX: LOGN) (NASDAQ: LOGI) today unveiled a line of products to designed to create the best Google TV experience for the millions of U.S. households with an HDMI-ready TV. The company introduced the Logitech Revue™ with Google TV™, a compact, plug-and-play companion box and the Logitech® Keyboard Controller, which together provide seamless control over the Google TV experience and home-entertainment devices. The portfolio of products for Google TV also includes the Logitech® TV Cam and Vid™ HD service for HD video calling from the comfort of one’s sofa. In addition, Logitech is offering the optional Logitech® Mini Controller for Logitech Revue as well as other applications designed for the Google TV platform.
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Full View / NID: 35344 / Submitted by: The Zilla of Zuron
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FREMONT, Calif. and ENGLEWOOD, Colo., Oct. 6, 2010 — Logitech International (SIX: LOGN) (Nasdaq: LOGI) and DISH Network L.L.C. (Nasdaq: DISH), today announced that they are teaming up to market and sell the Logitech Revue™ with Google TV™ to existing and prospective subscribers of DISH Network’s service in the United States. The solution uses Google TV to combine DISH Network TV programming as well as Web content into a seamless entertainment experience.
“DISH Network’s partnership with Google features a unique ‘pairing protocol’ that offers DISH Network customers with a Logitech Revue the most advanced Google TV experience available. The integration includes robust search capabilities spanning Web and DVR content as well as DISH Network Video On Demand programming,” said Ira Bahr, DISH Network’s chief marketing officer. “The active communication between the Logitech Revue and DISH Network will allow for the development of applications which will continually enhance our TV service with web content and data. We are excited about our exclusive partnership with Logitech to bring the rich entertainment capabilities of Google TV through Logitech to our customers.”
“We are delighted to be working with DISH Network to offer consumers what we believe is a transformational TV experience –through a combination of DISH’s programming and DISH’s integration with the Logitech Revue with Google TV, that includes unique DVR search and control,” said Greg Rhine, vice president and general manager of Logitech’s Americas region.
The Logitech Revue with Google TV includes a companion box and a Logitech Keyboard Controller to provide the Google TV experience for households that have an HDMI-ready television and set-top box. Logitech also provides additional accessories and applications to expand the Google TV experience.
The Logitech Revue will be available to both current and new DISH Network customers beginning later this month.
For more information about DISH Network’s Google TV offering, visit www.dishnetwork.com/googletv.
About Logitech
Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech’s combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI).
About DISH Network
DISH Network L.L.C., a subsidiary of DISH Network Corporation (NASDAQ:DISH), provides more than 14.3 million satellite TV customers, as of June 30, 2010, with the highest quality programming and technology at the best value, including HD Free for Life. Subscribers enjoy the most national HD channels, the most HD local coverage in the U.S., the most international channels, and award-winning HD and DVR technology including the ViP 922, the world’s only DVR with built-in Sling functionality. DISH Network is first in Customer Satisfaction among all cable and satellite providers according to the 2010 American Customer Satisfaction Index survey results for the U.S. largest cable and satellite TV providers. DISH Network Corporation is included in the Nasdaq-100 Index (NDX) and is a Fortune 200 company. Visit www.dish.com.
# # #
Logitech, the Logitech logo, and other Logitech marks are registered in Switzerland and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s website at www.logitech.com.
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Full View / NID: 35343 / Submitted by: The Zilla of Zuron
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Today, Logitech introduced the rechargeable Logitech® Wireless Illuminated Keyboard K800, delivering bright, precise illumination — day or night. The newest Logitech keyboard features ambient light and motion sensors, ensuring that you have the right amount of backlight when you need it, while conserving battery life when you don’t. The Logitech Wireless Illuminated Keyboard K800 is expected to be available in August for a suggested retail price of $99.99 (U.S.). You can learn more about the product on our blog or click here to buy yours today.
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Full View / NID: 34594 / Submitted by: The Zilla of Zuron
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Today Logitech (SIX: LOGN) (NASDAQ: LOGI) introduced the Logitech® Wireless Combo MK520, a full-size mouse-and-keyboard combo that puts comfort and control at your fingertips. The keyboard gives you the room to type comfortably, while concave, low-profile keys cradle your fingertips. The laser mouse feels good in either hand thanks to its contoured design with soft rubber side grips. The Logitech Media Combo MK520 is expected to be available later this month for a suggested retail price of $59.99.
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Full View / NID: 34540 / Submitted by: The Zilla of Zuron
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Today Logitech (SIX: LOGN) (NASDAQ: LOGI) unveiled three new G-Series gaming peripherals — the Logitech® Wireless Gaming Headset G930, the Logitech® Wireless Gaming Mouse G700 and the Logitech® Gaming Keyboard G510. The newest gaming peripherals from the award-winning Logitech G-Series family are crafted for maximum performance, freeing you from technical limitations so you can immerse yourself in your favorite games. The Wireless Gaming Headset G930 is available for a suggested retail price of $159.99 (U.S.). The Wireless Gaming Mouse G700 is available for a suggested retail price of $99.99 (U.S.). The Gaming Keyboard G510 is available for a suggested retail price of $119.99 (U.S.).
The new G-Series products are available now at www.logitech.com and will be rolling out soon with major retailers.
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Full View / NID: 34479 / Submitted by: The Zilla of Zuron
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Logitech – Aug. 4, 2010 – Today, Logitech (SIX: LOGN) (NASDAQ: LOGI) unveiled the Logitech® Rechargeable Speaker S715i, a portable speaker dock for iPod and iPhone that delivers bold sound you can carry around. Great sound quality provided by eight drivers lets you rock out anytime while the rechargeable battery lets you take the speakers with you wherever you go. The Logitech Rechargeable Speaker S715i is expected to be available in the U.S. and Europe in August for a suggested retail price of $149.99 (U.S.).
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Full View / NID: 34471 / Submitted by: The Zilla of Zuron
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FREMONT, Calif. — Aug. 3, 2010 — Logitech (SWX: LOGN) (NASDAQ: LOGI) today introduced Logitech Alert™, a complete HD digital video security system that lets you keep an eye on what matters most. The Logitech Alert™ 750i Master System and the weatherproof Logitech Alert™ 750e Outdoor Master System with night-vision let you be there when you’re not, by providing everything you need to monitor your home inside and out. The new Logitech Alert master systems come with a smart HD camera, powerful PC and Web software, and free remote viewing on a PC, Mac® or iPhone®, Blackberry® or Android® smartphone. The Logitech Alert 750i Master System and the Logitech Alert 750e Outdoor Master System will be offered for a suggested retail price of U.S. $299.99 and $349.99, respectively. The Logitech Alert 700i Add-On Camera and the Logitech Alert 700e Outdoor Add-On Camera will be offered for the suggested retail price of U.S. $229.99 and $279.99, respectively. Logitech Alert Web and Mobile Commander will be available as a bundle with a seven-day free trial and a suggested retail price of U.S. $79.99 per year. All products are expected to be available in the U.S. and Europe in August. Please visit www.logitech.com/alert for more information.
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Full View / NID: 34464 / Submitted by: The Zilla of Zuron
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FREMONT, Calif., Aug. 2, 2010 and ROMANEL-SUR-MORGES, Switzerland, Aug. 3, 2010 — Logitech International (SIX: LOGN) (NASDAQ: LOGI) today announced that Gerald P. Quindlen, Logitech president and chief executive officer, will present at the 12th Annual Pacific Crest Technology Leadership Forum in Vail, Colorado on Aug. 10, 2010 at 10:30 a.m. Mountain Daylight Time / 18:30 Central European Summer Time. A live webcast and replay will be available on the Logitech corporate Web site at http://ir.logitech.com.
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Full View / NID: 34455 / Submitted by: The Zilla of Zuron
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FREMONT, Calif., July 28, 2010 and ROMANEL-SUR-MORGES, Switzerland, July 29, 2010 — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the first quarter of Fiscal Year 2011.
Sales for Q1 FY 2011 were $479 million, up 47 percent from $326 million in the same quarter last year. Excluding the unfavorable impact of exchange rate changes, sales increased by 50 percent. Operating income was $12 million, compared to an operating loss of $35 million in the same quarter a year ago. Net income for Q1 was $20 million ($0.11 per share) compared to a net loss one year ago of $37 million ($0.21 per share). Gross margin for Q1 FY 2011 was 35.3 percent, up from 23.9 percent in Q1 FY 2010.
Logitech’s retail sales for Q1 FY 2011 increased by 39 percent year over year, with sales up by 66 percent in the Americas, 24 percent in Asia and 21 percent in EMEA. OEM sales increased by 38 percent.
“Logitech’s Fiscal Year 2011 is off to a strong start,” stated Gerald P. Quindlen, Logitech president and chief executive officer. “We exceeded our sales and profitability targets and achieved our best-ever Q1 gross margin. And we had robust growth in most of our retail product categories, led by Harmony remotes and pointing devices. Based on our strong Q1 performance and improving consumer demand for our products, we are increasingly optimistic about our full-year performance for Fiscal Year 2011 and have raised our outlook accordingly. Furthermore, we are enthusiastic about the pending launch of Logitech products for Google TV and the potential for further upside to our FY11 sales outlook.”
Outlook
For Fiscal Year 2011, ending March 31, 2011, Logitech has raised its sales outlook from approximately $2.3 billion to the range of $2.3 to $2.35 billion. The target for operating income has been raised from approximately $156 million to a range of $160 to $170 million. Expected gross margin has increased from approximately 34 percent to the range of 34 to 35 percent. The tax rate, formerly expected to be approximately 18 percent, is now expected to be approximately 16 percent.
Earnings Teleconference and Webcast
Logitech will hold an earnings teleconference on Thursday, July 29, 2010 at 8:30 a.m. Eastern Daylight Time and 14:30 Central European Summer Time. A live webcast of the call, along with presentation slides, will be available on the Logitech corporate Web site at http://ir.logitech.com.
About Logitech
Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech’s combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI).
# # #
This press release contains forward-looking statements, including the statements regarding anticipated sales, operating income, gross margin and tax rate for FY 2011, the potential for future upside to Logitech’s FY 11 sales outlook, and the launch of products for Google TV. The forward-looking statements in this release involve risks and uncertainties that could cause Logitech’s actual results to differ materially from that anticipated in these forward-looking statements. Factors that could cause actual results to differ materially include: our inability to predict the strength of the improvement in our business, operating results and financial condition; the demand of our customers and our consumers for our products and our ability to accurately forecast it; consumer reaction to our new products; the effect of pricing, product, marketing and other initiatives by our competitors, and our reaction to them, on our sales, gross margins and profitability; if we fail to take advantage of long-term trends in the consumer electronics and personal computers industries; if we fail to successfully innovate in our current and emerging product categories and identify new feature or product opportunities; the sales mix among our lower- and higher-margin products and our geographic sales mix; if we fail to execute upon our long-term strategic plans and opportunities; Google TV and our products for the new platform being released in a timely fashion, and U.S. consumer reaction to and demand for Google TV and our products for it; our product introductions and marketing activities not resulting in the product or category growth we expect, or when we expect it; competition in the video conferencing and communications industry, including from companies with significantly greater resources, sales and marketing organizations, installed base and name recognition; as well as those additional factors set forth in Logitech’s periodic filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2010, and our subsequent Quarterly Reports on Form 10-Q available at www.sec.gov. Logitech does not undertake to update any forward-looking statements.
Logitech, the Logitech logo, and other Logitech marks are registered in Switzerland and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s Web site at www.logitech.com.
(LOGI – IR)
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Full View / NID: 34409 / Submitted by: The Zilla of Zuron
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FREMONT, Calif., July 27, 2010 and ROMANEL-SUR-MORGES, Switzerland, July 28, 2010 — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that its board of directors will ask shareholders to approve the election to the board of Neil Hunt, chief product officer of Netflix, Inc., the leading Internet movie subscription service, at the company’s annual general meeting in Lausanne, Switzerland on Sept. 8, 2010. At the meeting, Logitech shareholders will also be asked to re-elect to its board of directors Daniel Borel, Logitech co-founder, Sally Davis, BT Wholesale chief executive officer, Guerrino De Luca, Logitech chairman and Monika Ribar, Panalpina chief executive officer. Logitech’s annual report and invitation and proxy statement for the annual general meeting are available on Logitech’s Web site at http://ir.logitech.com. The materials for the meeting will be mailed to Logitech registered shareholders in early August.
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Full View / NID: 34379 / Submitted by: The Zilla of Zuron
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Logitech – July 15, 2010 – To give you big, 5.1 sound for your music, movies and games, today Logitech (SIX: LOGN) (NASDAQ: LOGI) unveiled the next-generation surround Logitech® Surround Sound Speakers Z506. Giving you the flexibility to set up your system the way you want, Logitech’s newest speaker set lets you connect nearly any entertainment device, including a PC, PLAYSTATION®3 (PS3™), Xbox 360®, Wii®, iPod® or a DVD player. Offering 75 watts (RMS) of power and featuring 3D Stereo surround sound technology, the Logitech Z506 speakers can convert two-channel stereo into an immersive surround sound experience. The Logitech Surround Sound Speakers Z506 is expected to be available in the U.S. and Europe in August for a suggested retail price of $99.99 (U.S.).
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Full View / NID: 34275 / Submitted by: The Zilla of Zuron
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FREMONT, Calif., July 7, 2010 and ROMANEL-SUR-MORGES, Switzerland, July 8, 2010 — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced the acquisition of the assets of Paradial AS, a Norway-based leading provider of firewall and NAT (network address translation) traversal solutions for video communication.
Paradial’s technology addresses one of the most significant barriers to the widespread adoption of Internet-based video communication: challenges encountered when calling across protected networks. Traversing any firewall while maintaining a high level of security, the Paradial technology enables seamless video calling between people inside the walls of an enterprise and those inside other enterprises, in remote offices or telecommuting. While Logitech is already offering Paradial technology to LifeSize customers through an OEM agreement, the acquisition allows the company to closely integrate firewall and NAT traversal across its video communication product portfolio, enabling reliable, high-quality end-to-end HD video calling over highly protected networks.
“With the acquisition of Paradial, Logitech is taking another step toward delivering on our vision to bring seamless HD video communication to anyone, anywhere,” said Gerald P. Quindlen, Logitech president and chief executive officer. “By integrating Paradial’s technology into our future product portfolio, Logitech is uniquely positioned to deliver a complete and intuitive HD video conferencing experience for companies of any size.”
Most of Paradial’s employees, including founders, will be part of Logitech’s LifeSize division.
Financial terms were not disclosed.
About Logitech
Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech’s combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI).
# # #
Logitech, the Logitech logo, and other Logitech marks are registered in Switzerland and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s Web site at www.logitech.com.
(LOGI – IR)
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Full View / NID: 34204 / Submitted by: The Zilla of Zuron
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FREMONT, Calif. — July 1, 2010 — Bringing crystal-clear audio for your Internet and video calls, music and movies, Logitech (SIX: LOGN) (NASDAQ: LOGI) today announced two new headsets. Featuring support for super wideband audio, the Logitech® USB Headset H530 and the Logitech® Laptop Headset H555 sound so clear it’s almost like you’re in the same room as the people you call. The lightweight Laptop Headset H555 folds flat and easily fits into the included case. The USB Headset H530 offers laser-tuned drivers for exceptional audio quality. Both headsets are compatible with Logitech Vid™ HD, Skype™ 4.0 for Windows® or later, and Skype 2.8 for Mac® or later. The Logitech Laptop Headset H555 is expected to be available in July for $59.99 (U.S) and €59.99. The Logitech USB Headset H530 is expected to be available in July for $49.99 (U.S.) and €49.99
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Full View / NID: 34173 / Submitted by: The Zilla of Zuron
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FREMONT, Calif. — July 1, 2010 — Bringing crystal-clear audio for your Internet and video calls, music and movies, Logitech (SIX: LOGN) (NASDAQ: LOGI) today announced two new headsets. Featuring support for super wideband audio, the Logitech® USB Headset H530 and the Logitech® Laptop Headset H555 sound so clear it’s almost like you’re in the same room as the people you call. The lightweight Laptop Headset H555 folds flat and easily fits into the included case. The USB Headset H530 offers laser-tuned drivers for exceptional audio quality. Both headsets are compatible with Logitech Vid™ HD, Skype™ 4.0 for Windows® or later, and Skype 2.8 for Mac® or later. The Logitech Laptop Headset H555 is expected to be available in July for $59.99 (U.S) and €59.99. The Logitech USB Headset H530 is expected to be available in July for $49.99 (U.S.) and €49.99
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Full View / NID: 34144 / Submitted by: The Zilla of Zuron
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FREMONT, Calif., June 29, 2010 and ROMANEL-SUR-MORGES, Switzerland, June 30, 2010 — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that it will release quarterly financial results on Wednesday, July 28, 2010 at 10 p.m. Eastern Daylight Time and Thursday, July 29, 2010 at 04:00 Central European Summer Time.
There will be a teleconference to discuss these results on Thursday, July 29, 2010 at 8:30 a.m. Eastern Daylight Time and 14:30 Central European Summer Time. A live webcast of the call, along with presentation slides, will be available on the Logitech corporate Web site at http://ir.logitech.com.
About Logitech
Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI).
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Logitech, the Logitech logo, and other Logitech marks are registered in Switzerland and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s Web site at www.logitech.com. (LOGI – IR)
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Full View / NID: 34074 / Submitted by: The Zilla of Zuron
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Logitech – June 10, 2010 – Today Logitech (SIX: LOGN) (NASDAQ: LOGI) took another step toward delivering on its promise to bring HD video to anyone, anywhere, unveiling a full lineup of HD webcams and the recently announced Logitech® Vid™ HD, the free and easy way to make an HD video call. Offering HD 720p video calling, Full HD 1080p video recording, Logitech Fluid Crystal™ technology and one-click HD-uploading to Facebook™ and YouTube®, the flagship Logitech® HD Pro Webcam C910 makes high-definition video calling, recording and sharing a reality. The Logitech HD Pro Webcam C910 is expected to be available in the U.S., Europe and Asia in August for a suggested retail price of $99.99 (U.S.). The Logitech HD Webcam C510 (SRP: $79.99 U.S.) is expected to be available in U.S. in June and in Europe and Asia in August. The Logitech HD Webcam C310 (SRP: $49.99 U.S.) and the Logitech HD Webcam C270 (SRP: $39.99 U.S.) are expected to be available in the U.S. in June, in Europe in July, and in Asia in August. For more information on Logitech HD webcams, please visit www.logitech.com/webcams.
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Full View / NID: 33873 / Submitted by: The Zilla of Zuron
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