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  Logitech-Press related Technical Updates [Page: 36 of 42] @ TACKtech Corp.  

04.28.2010 - Logitech Announces Fourth Quarter and Full-Year Financial Results for FY 2010



View Logitech-Press related news. FREMONT, Calif., April 28, 2010 and ROMANEL-SUR-MORGES, Switzerland, April 29, 2010 — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the fourth quarter and full year of Fiscal Year 2010. Sales for Q4 FY 2010 were $525 million, up 29 percent from $408 million in the same quarter last year. Excluding the favorable impact of exchange rate changes, sales increased by 25 percent. Operating income was $28 million, compared to an operating loss of $43 million in the same quarter a year ago. Net income for Q4 was $24 million ($0.14 per share) compared to a net loss one year ago of $35 million ($0.20 per share). Gross margin for Q4 FY 2010 was 35.8 percent, up from 25.0 percent in Q4 FY 2009.   Logitech’s retail sales for the fourth quarter of FY 2010 grew by 27 percent year over year, with sales up by 54 percent in the Americas, 15 percent in EMEA, and 10 percent in Asia. OEM sales grew by 1 percent.  “After a challenging start to the year, we ended Fiscal Year 2010 with very strong sales and gross margin performance,” said Gerald P. Quindlen, Logitech president and chief executive officer. “I’m very pleased that in Q4 we delivered strong sell-through growth and achieved double-digit sales growth in our three retail regions, as well as double-digit sales growth across all of our retail product categories. And we delivered our highest Q4 gross margin ever.   “As we begin FY 2011, our focus shifts from emerging stronger from the downturn to returning to driving strong top-line and profitability growth by executing on our long-term strategy. We enter the new fiscal year with an improving economic outlook, a strong balance sheet and accelerating sales momentum in all retail sales regions. We’re well positioned for growth across our product portfolio. Most notably, we see continued strong double-digit sales growth in the digital home with our line of Harmony remotes, which now includes innovative new models at lower price points for a broader range of households. We also expect accelerating sales growth in FY 11 from our LifeSize video communications division, which in Q4 had its highest billings ever.”   Full-Year Financial Results For the full fiscal year, sales were $2.0 billion, down from $2.2 billion in FY 2009. Operating income was $78 million, down from $110 million a year ago. Net income was $65 million ($0.36 per share), compared to $107 million ($0.59 per share) in the prior year. Gross margin for FY 2010 was 31.9 percent compared to 31.3 percent in FY 2009.   Outlook For Fiscal Year 2011, ending March 31, 2011, Logitech targets sales of approximately $2.3 billion and gross margin of approximately 34 percent. The Company expects operating income to approximately double year over year. The tax rate for FY 2011 is expected to be approximately 18 percent.   For the first quarter of Fiscal Year 2011, ending June 30, 2010, Logitech targets sales in the range of $450 million to $465 million and gross margin of approximately 34 percent. The Company expects operating income for Q1 FY 2011 to be approximately $5 million.   Earnings Teleconference and Webcast Logitech will hold an earnings teleconference on Thursday, April 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 personal peripherals, driving innovation in PC navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. 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 and gross margin for Q1 FY 2011, anticipated sales, operating income, gross margin and tax rate for FY 2011, returning to strong top-line and profitability growth, executing on our long-term strategy, being positioned for growth across our product portfolio, the rate of sales momentum in our retail sales regions and for our LifeSize video communications division, and anticipated strong double-digit sales growth in Harmony remotes. 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 timing and 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; our product introductions and marketing activities not resulting in the product or category growth we expect, or when we expect it; the retention of employees of LifeSize and the ability of Logitech to successfully integrate LifeSize’s market opportunities, technology, personnel and operations and to achieve anticipated results; 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, 2009, 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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03.31.2010 - A Remote for Everyone: Logitech Harmony 300 Remote Unveiled



View Logitech-Press related news. Logitech — March 31, 2010 — Logitech (SIX: LOGN) (NASDAQ: LOGI) today announced that it is bringing the benefits of the award-winning line of Harmony® remotes to people who have simpler home-entertainment needs. The new Logitech® Harmony® 300 Remote is simple to set up, can replace four other remotes and gives you better control of what’s attached to your TV with the touch of one button. The Logitech Harmony 300 is expected to be available in the U.S. and Europe beginning in April for a suggested retail price of $49.99 (U.S).
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03.30.2010 - Logitech to Announce Fourth Quarter Fiscal 2010 Results



View Logitech-Press related news. FREMONT, Calif., March 30, 2010 and ROMANEL-SUR-MORGES, Switzerland, March 31, 2010 — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that it will release quarterly financial results on Wednesday, April 28, 2010 at 10 p.m. Eastern Daylight Time and Thursday, April 29, 2010 at 04:00 Central European Summer Time. There will be a teleconference to discuss these results on Thursday, April 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 personal peripherals, driving innovation in PC navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. 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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02.10.2010 - Logitech Announces Logitech Wireless Desktop MK710



View Logitech-Press related news. Logitech — Feb. 10, 2010 — Whether you’re catching up on your e-mail, updating your status on Facebook™ or just doing a little shopping, you don’t want any unnecessary inconveniences. To help you enjoy a comfortable and hassle-free laptop experience, Logitech (SIX: LOGN) (NASDAQ: LOGI) today introduced the Logitech® Wireless Desktop MK710 — the first keyboard-and-mouse combination to feature up to three years of battery life for both the keyboard and mouse, as well as the tiny Logitech® Unifying receiver, comfortable Logitech® Incurve keys™ and hyper-fast scrolling for the mouse. The Logitech Wireless Desktop MK710 is expected to be available in Europe beginning in February 2010 and in the U.S. beginning in April 2010 for a suggested retail price of $99.99 (U.S.).
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02.04.2010 - Logitech CFO Erik Bardman to Present at Thomas Weisel Partners Technology & Telecom Conference 2010 in San Francisco



View Logitech-Press related news. FREMONT, Calif., Feb. 4, 2010 and ROMANEL-SUR-MORGES, Switzerland, Feb. 5, 2010 — Logitech International (SIX: LOGN) (NASDAQ: LOGI) today announced that Erik Bardman, Logitech senior vice president, finance and chief financial officer, will present at the Thomas Weisel Partners Technology & Telecom Conference 2010 in San Francisco on Feb. 8, 2010 at 3:15 p.m. Pacific Standard Time/6:15 p.m. Eastern Standard Time. A live webcast and replay will be available on the Logitech corporate Web site at http://ir.logitech.com. About Logitech Logitech is a world leader in personal peripherals, driving innovation in PC navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. Founded in 1981, Logitech International is a Swiss public company traded 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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01.20.2010 - Logitech Announces Financial Results for Q3 FY 2010



View Logitech-Press related news. FREMONT, Calif., Jan. 20, 2010 and ROMANEL-SUR-MORGES, Switzerland, Jan. 21, 2010 — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the third quarter of Fiscal Year 2010. Sales for Q3 were $617 million, a decrease of 2 percent compared to $627 million in the same quarter last year. Excluding the favorable impact of exchange rate changes, sales decreased by 7 percent. Operating income for Q3 grew by 37 percent, to $58 million, compared to $43 million in the same quarter a year ago. Operating income for Q3 FY 2010 includes the impact of $5.8 million in one-time transaction costs related to the Company’s acquisition of LifeSize Communications in December 2009. Net income for the quarter was $57 million ($0.32 per share) compared to net income of $40 million ($0.22 per share) in Q3 FY 2009. Gross margin for the third quarter was 33.9 percent compared to 29.9 percent in Q3 FY 2009. Logitech’s retail sales for Q3 were up 3 percent year over year, with sales up by 8 percent in the Americas and 6 percent in EMEA and down 17 percent in Asia. OEM sales were down by 38 percent. “Q3 marks a turning point in our plan to emerge stronger from the economic downturn,” said Gerald P. Quindlen, Logitech president and chief executive officer. “There were many highlights in the quarter, starting with improved sell-through in all of our retail regions, driven by the success of our new products across multiple categories. “We are also very pleased with our return to year-over-year profitability growth in Q3, driven by the substantial improvement in gross margin, as well as with our outstanding working capital management, which yielded cash flow from operations of $166 million. For the current quarter, we anticipate accelerating sales momentum, resulting in our return to double-digit sales growth, as well as a substantial improvement in profitability compared to Q4 FY 2009.” Outlook For the fourth quarter of FY 2010, Logitech expects sales within the range of $500 million to $515 million, gross margin of approximately 34 percent, and operating income in the range of $15 million to $20 million, which includes the impact of amortization of the intangible assets of LifeSize Communications, which will recur in future periods. Earnings Teleconference and Webcast Logitech will hold an earnings teleconference on Thursday, Jan. 21, 2010 at 8:30 a.m. Eastern Standard Time and 14:30 Central European 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 personal peripherals, driving innovation in PC navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. 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 and gross margin for Q4 FY 2010, Q3 FY 2010 marking a turning point, and anticipated accelerating sales momentum and a return to double-digit sales growth in Q4 FY 2010. 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 timing and 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; the retention of employees of LifeSize and the ability of Logitech to successfully integrate LifeSize’s market opportunities, technology, personnel and operations and to achieve anticipated results; competition in the video conferencing and communications industry, including from companies with greater resources, 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, 2009, 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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01.14.2010 - RSS - Logitech Announces Ultimate Ears 1 Pro Custom Monitor



View Logitech-Press related news. Logitech – January 14, 2010 – Ultimate Ears, a product unit of Logitech (SIX: LOGN) (NASDAQ: LOGI), today announced the Ultimate Ears 1 Pro Custom Monitor. Ideal for in-studio recording as well as live stage performances, the Ultimate Ears 1 Pro monitor is a comfortable and convenient single in-ear monitor solution that lets you hear external sound along with your professional in-ear mix while performing on stage or recording in the studio. The new single-ear monitor features four speakers (two for the right channel and two for the left), which deliver a summed stereo experience with the full clarity of all instruments and no loss of audio signal. And the Ultimate Ears 1 Pro’s custom-designed, single cable with clip features reduced distortion and eliminates the need for a dual set of monitors and a standard Y cable. Every set of Ultimate Ears handcrafted monitors are as unique as your fingerprint and deliver a distinctive sound signature with evenly balanced frequency response and the best possible clarity and detail. The Ultimate Ears 1 Pro Custom Monitor is expected to be available in February for a retail price of $449 (U.S.). Additional product information is available at http://www.ultimateears.com/.
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01.14.2010 - Ultimate Ears Rocks Industry with Six-Speaker Custom In-Ear Monitors



View Logitech-Press related news. Logitech – Jan. 14, 2010 – Today, Ultimate Ears, a product unit of Logitech, announced its newest custom in-ear monitors – the Ultimate Ears 18 Pro Custom Monitors. The Ultimate Ears 18 Pro Custom Monitors feature six individually tuned speakers, 4-way cross over, patent-pending triple-sound channels and a new low-distortion cable that all combine to provide pro-audio sound reproduction and more detail and clarity in the bass, mids and highs, with the distinctive sound signature exclusive to Ultimate Ears. The Ultimate Ears 18 Pro Custom Monitors are expected to be available beginning in February for a suggested retail price of $1350 (U.S.).
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01.05.2010 - Logitech Speaker Lapdesk N700 Brings the Theater Home



View Logitech-Press related news. Logitech – Jan. 5, 2010 – You’re already using your laptop to listen to music, play games, and watch movies, TV and videos. You’re already using it on the couch and on the bed. But you’re looking for a way to be comfortable, and you know what a difference high-quality audio can make when you’re enjoying good entertainment. For a theater-like experience on your laptop, Logitech (SIX: LOGN) (NASDAQ: LOGI) today introduced the Logitech® Speaker Lapdesk N700 — the company’s first all-in-one laptop accessory with integrated stereo speakers, a built-in fan and a wide padded base. The Logitech Speaker Lapdesk N700 is expected to be available in the U.S. in February and in Europe in March for a suggested retail price of $79.99 (U.S.).
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12.22.2009 - Logitech to Announce Third Quarter Fiscal 2010 Results



View Logitech-Press related news. FREMONT, Calif., Dec. 22, 2009 and ROMANEL-SUR-MORGES, Switzerland, Dec. 23, 2009 — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that it will release quarterly financial results on Wednesday, Jan. 20, 2010 at 10 p.m. Eastern Standard Time and Thursday, Jan. 21, 2010 at 4:00 Central European Time. There will be a teleconference to discuss these results on Thursday, Jan. 21, 2010 at 8:30 a.m. Eastern Time and 14:30 Central European 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 personal peripherals, driving innovation in PC navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. 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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12.11.2009 - Logitech Completes Acquisition of LifeSize Communications



View Logitech-Press related news. FREMONT, Calif. and ROMANEL-SUR-MORGES, Switzerland, Dec. 11, 2009 — Logitech International (SIX: LOGN) (Nasdaq: LOGI), today announced that it has completed the acquisition of LifeSize Communications, a global leader in high definition (HD) video communication solutions, with more than 9,000 video conferencing customers across 80 countries in large enterprises, small-to-medium businesses (SMBs) and public healthcare, education and government organizations.
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11.24.2009 - Logitech CEO Gerald Quindlen to Present at NASDAQ OMX 23rd Investor Program in London



View Logitech-Press related news. FREMONT, Calif., Nov. 24, 2009 and ROMANEL-SUR-MORGES, Switzerland, Nov. 25, 2009 — Logitech International (SIX: LOGN) (NASDAQ: LOGI) today announced that Gerald P. Quindlen, Logitech president and chief executive officer, will present at the NASDAQ OMX 23rd Investor Program in London on Dec. 2, 2009 at 9:00 Greenwich Mean Time/10:00 Central European Time/4:00 a.m. Eastern Standard Time. A live webcast, 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 personal peripherals, driving innovation in PC navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. Founded in 1981, Logitech International is a Swiss public company traded 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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11.23.2009 - RSS - Ultimate Ears Announces Free iPhone App



View Logitech-Press related news. Logitech – Nov. 23, 2009 – For more than a decade, Ultimate Ears custom monitors have changed the way music is performed for the biggest names in the industry. So you can keep in tune with the music scene, Ultimate Ears has developed a free iPhone App. The Ultimate Ears App lets you measure sound pressure levels and decibels with an SPL Meter. You can also watch artist interviews, see artist backstage photos and view videos of live performances from musicians that rock with Ultimate Ears’ in-ear monitors. The Ultimate Ears app is available now as a free download.
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11.12.2009 - Logitech CFO Erik Bardman to Present at Morgan Stanley Technology Media and Telecoms Conference in Barcelona



View Logitech-Press related news. FREMONT, Calif., Nov. 12, 2009 and ROMANEL-SUR-MORGES, Switzerland, Nov. 13, 2009 — Logitech International (SIX: LOGN) (NASDAQ: LOGI) today announced that Erik Bardman, Logitech senior vice president, finance and chief financial officer, will present at the Morgan Stanley Technology, Media and Telecoms Conference in Barcelona, Spain on Nov. 18, 2009 at 9:35 Central European Time/3:35 a.m. Eastern Standard Time/12:35 a.m. Pacific Standard Time. A live webcast and replay will be available on the Logitech corporate Web site at http://ir.logitech.com. About Logitech Logitech is a world leader in personal peripherals, driving innovation in PC navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. Founded in 1981, Logitech International is a Swiss public company traded 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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11.11.2009 - Logitech Wins Seven CES Innovations Awards



View Logitech-Press related news. FREMONT, Calif. — Nov. 11, 2009 — Today, Logitech (SIX: LOGN) (NASDAQ: LOGI) announced that it has won seven 2010 CES Innovations awards for excellence in design and engineering. “Logitech is thrilled to be honored again with the prestigious CES Innovations award,” said Gerald P. Quindlen, Logitech’s president and chief executive officer. “We are delighted that our products will be celebrated alongside other groundbreaking products from around the world. These products represent Logitech’s commitment to driving innovation, persistently striving to discover new ways to get people immersed in the digital world.”  Logitech’s award-winning products for 2010 include: Honoree in Computer Peripherals: Logitech Anywhere Mouse MX The Logitech® Anywhere Mouse MX™ goes where no mouse has gone before – on glass. With Logitech® Darkfield Laser Tracking™, you can use this mouse virtually anywhere you want including glass and high-gloss surfaces that challenge the capabilities of standard mice. The Anywhere Mouse MX uses dark field microscopy to detect microscopic particles and micro-scratches on these surfaces, rather than tracking the smooth surface itself. Thanks to its compact size, the Logitech Anywhere Mouse MX works wherever you do and offers a contoured shape that fits naturally into most hands, with back and forward buttons placed within reach of your thumb to help you surf the Web efficiently. Honoree in Home Theater Accessories: Logitech Harmony 900 Remote The rechargeable Logitech Harmony® 900 remote makes it easy to enjoy and control your TV, movies, games and music, even when your components are neatly hidden behind cabinet doors. The Harmony 900 features a full-color touch screen and intuitive button layout and its completely redesigned RF system allows you to easily control a cabinet full of devices from up to 100 feet away, without taping emitters to each of your devices. As with all Logitech Harmony remotes, the Harmony 900 can have you watching your favorite movie or show with one press of a button thanks to the unique activity-based control. The whole family can simply select what they want to do by choosing the appropriate on-screen icon – such as “Watch TV” – and the Harmony 900 remote does the rest. – turning on the TV, the cable box, the A/V receiver and any other necessary devices – which the touch of one button. Honoree in Audio Components: Logitech Squeezebox Radio The compact, all-in-one Logitech Squeezebox™ Radio Wi-Fi music player lets you enjoy the simplicity of old-fashioned radio with the power of the Internet anywhere in your house. You just plug it in, turn it on, connect to your home network and like magic, you've got access to Internet radio, your personal music collection, and subscription services such as Napster®, Pandora®, Rhapsody®, SIRIUS®, and Last.fm™. The color screen can display album art, track and station information, visualizers and more. Automatic brightness adjustment and a built-in alarm clock make it ideal for your bedside table. And while the Squeezebox Radio is small, it delivers big, clear sound with minimal distortion from the built-in speaker. Honoree in Audio Components: Logitech Squeezebox Touch With its stunning 4.3-inch color touch screen, the Logitech Squeezebox™ Touch Wi-Fi music player puts a world of music at your fingertips and plays it through the stereo system you already own. Simply plug in the Squeezebox Touch to your existing speakers, connect to your home network and you're ready to rock out. Plus, to provide a better listening experience, the Squeezebox Touch supports sampling rates of up to 24 bits at 96 kHz, delivering rich sound with very little distortion. Honoree in Headphones: Ultimate Ears 700 Noise-Isolating Earphones With the Ultimate Ears 700 noise-isolating earphones, you’ll hear music the way it was meant to be heard, delivering the kind of audio quality used by 75 percent of the world’s touring professional artists including The Killers, Seal and The Jonas Brothers. Unlike other in-ear earphones, the Ultimate Ears 700 earphones use a custom-tuned dual-armature microdesign that features two high-fidelity channels per ear for highly accurate sound reproduction in a compact design – each earphone is smaller than a dime. The Ultimate Ears 700 earphones include an assortment of soft-silicone and Comply™ foam ear cushions so you can choose the fit that’s best for you. And the comfortable, custom fit provides passive noise-isolation of up to 26 dB, allowing you to get fully immersed in your tunes. Honoree in Electronic Gaming: Logitech Flight System G940 With its realistic force feedback joystick, programmable dual throttle and authentic rudder pedals, the Logitech® Flight System G940 makes flight simulation feel like the real thing. The joystick’s award-winning force feedback technology allows you to control your aircraft with confidence as you feel its movement as well as its reaction to air, turbulence and g-forces. The dual throttle lets you control multi-engine aircraft using the split lever – or lock the levers when you need to operate your engines in sync. Rudder pedals with toe brakes give you true-to-life rudder control, essential for performing defensive maneuvers and crosswind landings, or piloting helicopters. Honoree in Electronic Gaming: Logitech Wireless Guitar Controller Available for the Wii™, PLAYSTATION®3, and the Xbox 360®, the Logitech® Wireless Guitar Controllers are made of the high-quality materials that you’d expect to see in real guitars, including a maple neck, rosewood fingerboard and metal frets. The noise dampening design of the strum bar and fret buttons minimizes audio distraction, and lets you focus in on the music. It also incorporates a touch-sensitive slider on the fret board (located on the neck) to help you rack up the points in Guitar Hero®. About Logitech Logitech is a world leader in personal peripherals, driving innovation in PC navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. 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.  
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11.10.2009 - Logitech to Acquire LifeSize Communications



View Logitech-Press related news. FREMONT, Calif. and ROMANEL-SUR-MORGES, Switzerland, Nov. 10, 2009 — Logitech International (SIX: LOGN) (Nasdaq: LOGI), a leader in PC video communication, today announced that it has agreed to acquire privately held LifeSize Communications of Austin, Texas for $405 million in cash. LifeSize is a global leader in high definition (HD) video communication solutions, with more than 9,000 video conferencing customers across 80 countries in large enterprises, small-to-medium businesses (SMBs) and public healthcare, education and government organizations. LifeSize’s industry leading HD video conferencing solutions provide superior quality of experience and are flexible, easy to use, install and manage - with unmatched price/performance. “We expect this acquisition to enable Logitech to extend our leadership in video communication beyond the desktop,” said Gerald P. Quindlen, Logitech president and chief executive officer. “Together we can make life-like, HD-quality video communication as mainstream and seamless as a telephone, for meeting participants in the boardroom, at their office desk, in a remote-location meeting room, telecommuting from home or on the go with a laptop.” “LifeSize was founded on the vision of providing life-like visual-communication solutions to change the way the world communicates,” said Craig Malloy, LifeSize co-founder and chief executive officer. “We believe that together with Logitech, we can realize that vision for all enterprises - private and public - and small and medium businesses. Our combined proven innovation can accelerate mainstream adoption of video communication by anyone, anywhere.”
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11.06.2009 - Logitech to Hold Analyst and Investor Day on Wednesday, November 11 in New York



View Logitech-Press related news. FREMONT, Calif., Nov. 6, 2009 and ROMANEL-SUR-MORGES, Switzerland, Nov. 7, 2009 — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced it will hold an Analyst and Investor Day in New York on Wednesday, Nov. 11, 2009. Presentations will begin at 9:00 a.m. Eastern Standard Time and 15:00 Central European Time. The meeting will feature presentations by senior Logitech executives covering key company initiatives and a discussion of future priorities. A live webcast and replay of the meeting will be available on the Logitech corporate Web site at http://ir.logitech.com. About Logitech Logitech is a world leader in personal peripherals, driving innovation in PC navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. 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)
Full View / NID: 30972 / Submitted by: The Zilla of Zuron

11.06.2009 - Logitech to Hold Analyst and Investor Day onWednesday, November 11 in New York



View Logitech-Press related news. FREMONT, Calif., Nov. 6, 2009 and ROMANEL-SUR-MORGES, Switzerland, Nov. 7, 2009 — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced it will hold an Analyst and Investor Day in New York on Wednesday, Nov. 11, 2009. Presentations will begin at 9:00 a.m. Eastern Standard Time and 15:00 Central European Time. The meeting will feature presentations by senior Logitech executives covering key company initiatives and a discussion of future priorities. A live webcast and replay of the meeting will be available on the Logitech corporate Web site at http://ir.logitech.com. About Logitech Logitech is a world leader in personal peripherals, driving innovation in PC navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. 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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10.28.2009 - RSS - Logitech Announces Logitech Harmony IR Extender System



View Logitech-Press related news. Logitech — Oct. 28, 2009 — Today, Logitech announced the Logitech Harmony® IR Extender System, which makes it easy to control your devices while they’re conveniently hidden away inside a closed cabinet. The Harmony IR Extender System doesn’t require any programming, so you’ll be up and running in no time. Just place the discrete IR receiver in a convenient, visible location, and connect it to the IR blasters and mini blasters. Then place the blasters near the equipment you want to control. So you can concentrate on your entertainment, the Harmony IR Extender System offers a sleek, low-profile design that complements your flat-screen TV. And it works with most IR remotes, so you can use the one you already own. The Logitech Harmony IR Extender System is expected to be available in the U.S. in November for a suggested retail price of $59.99 (U.S.).
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10.21.2009 - Logitech Announces Financial Results for Q2 FY 2010



View Logitech-Press related news. FREMONT, Calif., Oct. 21, 2009 and ROMANEL-SUR-MORGES, Switzerland, Oct. 22, 2009 — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the second quarter of Fiscal Year 2010. Sales for Q2 were $498 million, a decrease of 25 percent compared to $665 million in the same quarter last year. Excluding the unfavorable impact of exchange rate changes, sales decreased by 24 percent. Operating income for Q2 was $27 million, compared to $80 million in the same quarter a year ago. Net income for the quarter was $21 million ($0.11 per share) compared to net income of $72 million ($0.39 per share) in Q2 FY 2009. Gross margin for the second quarter was 30.5 percent compared to 34.3 percent in Q2 FY 2009. Logitech’s retail sales for Q2 declined by 19 percent year over year, with sales down by 5 percent in the Americas, 24 percent in EMEA, and 28 percent in Asia. OEM sales were down by 54 percent. “Our Q2 results demonstrate that we continue to deliver on our plan to navigate the downturn,” said Gerald P. Quindlen, Logitech president and chief executive officer. “I was pleased that we delivered the predicted return to profitability, driven by a substantial improvement in gross margin compared to Q1 and our ongoing diligence in controlling expenses. Our sales and profitability both benefited from better-than-expected sell-through of our products in the Americas and EMEA. “Our sustained focus on working capital management resulted in cash flow from operations of $133 million for the first half of the fiscal year. This represents an improvement of 59 percent compared to the first half of the prior year, in spite of dramatically worse economic conditions. “We’ve entered the second half of Fiscal Year 2010 well positioned for continued improvements in our operating performance. In both EMEA and the Americas, the reset of our channel partners’ weeks of supply is essentially complete. Our new products are being well received by customers and will be well represented on retail shelves for the holiday season. Even assuming no improvement in consumer spending, we anticipate a return to year-over-year profit growth starting in Q3.” Outlook For the third quarter of FY 2010, Logitech expects sales within the range of $575 million to $595 million, gross margin of approximately 31 percent, and operating income in the range of $45 million to $50 million. Earnings Teleconference and Webcast Logitech will hold an earnings teleconference on Thursday, Oct. 22, 2009 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 personal peripherals, driving innovation in PC navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. 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 and gross margin for Q3 FY 2010, a return to profit growth in Q3 FY 2010, and the Company being positioned for continued improvement in operating performance. 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 timing and 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 product lineup; 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; as well as those additional factors set forth in our periodic filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2009, and our Quarterly Report on Form 10-Q for the quarter ended June 30, 2009, 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)
Full View / NID: 30688 / Submitted by: The Zilla of Zuron
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