EDEN PRAIRIE, Minn. & TUCKER, Ga.--(BUSINESS WIRE)--Starlight Electronics USA, and parent company Starlight International Holdings Limited (SEHK: 0485.HK), and SED International Holdings, Inc. (Amex: SED) today announced that Starlight has selected SED to serve as the exclusive distributor in the United States for all Polaroid imaging and printing products. This includes digital cameras and camcorders, analog-instant cameras, analog instant film and the exciting Polaroid Grey Label line of imaging and printing products.
As the sole distributor, under terms of the agreement SED will distribute Polaroid imaging and printing products to all accounts in North America, excluding major retail channels, which are serviced directly by Starlight. Starlight is the exclusive North American licensee for Polaroid-branded digital imaging, analog-instant imaging and printing. SED is a multinational supply chain management provider and distributor of leading computer technology, consumer electronics, small appliances and cellular products.
“This partnership will provide Starlight immediate access to a vast and diversified distribution network of customers while providing SED's customers access to an iconic brand with unique product,” said Manuel Madriz, Starlight Electronics USA’s Senior Vice President and General Manger. “Polaroid’s exciting portfolio ranges from analog and digital products to the new Grey Label product line, developed by Polaroid’s Creative Director, Lady Gaga.”
“This exclusive US contract is an exceptional opportunity for SED to showcase our efficient and growing distribution network through a broader selection of Polaroid products,” said Jonathan Elster, President and Chief Executive Officer of SED. “The high profile Polaroid imaging and printing products with advanced technologies are in high demand and we are thrilled to expand our selection of consumer electronic offerings to our dealers with the availability of Polaroid products.”
ABOUT POLAROID
Across several generations, people regard Polaroid as one of the most trusted, well-respected and recognizable brands when it comes to instant photography. The Polaroid story began more than 70 years ago with polarized sunglasses, which then evolved into instant film, cameras, and camera accessories, marking the beginning of the well recognized Polaroid Classic Border Logo. In recent years, the Polaroid brand has expanded into other consumer electronics categories such as flat panel televisions, portable DVD players, digital photo frames, digital HD camcorders, waterproof digital cameras and more. People can expect to see even more new Polaroid branded products that will deliver the fun, instant gratification and value for which the brand has long stood. For more information please visit www.polaroid.com.
Polaroid, Polaroid & Pixel and Polaroid Classic Border Logo are trademarks of PLR IP Holdings, LLC.
ABOUT STARLIGHT INTERNATIONAL HOLDINGS LIMITED
Founded in 1969, Starlight International Holdings Limited is a world leading manufacturer and distributor of consumer electronics products. Starlight’s vertically integrated production capabilities, diversified product mix and strong financial position have enabled it to become a preferred partner to leading mass retailers in the US and Europe. Starlight manufactures audio-visual products that satisfy the varying needs of its clients from around the world. The Group has established long term relationships with leading mass retailers including Tesco, Asda, Dixons and Argos in Europe, and Wal-Mart, Best Buy, Target, and Sears in the US. With an extensive sales network, the Group serves markets in North and South America, Europe, Asia, and Africa, with primary focus in the US and Europe.
ABOUT SED INTERNATIONAL HOLDINGS, INC.
Founded in 1980, SED International Holdings, Inc. is a multinational, preferred distributor of leading computer technology, consumer electronics, small appliances and cellular products. The Company also offers custom-tailored supply chain management services ideally suited to meet the priorities and distribution requirements of the e-commerce, Business-to-Business and Business-to-Consumer markets. Headquartered near Atlanta, Georgia with business operations in California; Florida; Georgia; Texas; Bogota, Colombia and Buenos Aires, Argentina, SED serves a customer base of over 10,000 channel partners and retailers in the US and Latin America. To learn more, please visit www.SEDonline.com; or follow us on Twitter @SEDIntl.
Statements made in this Press Release that are not historical or current facts are "forward-looking statements.” These statements often can be identified by the use of terms such as "may," "will," "expect," "believes," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. The Company wishes to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond the control of the Company that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. These factors include adverse economic conditions, entry of new and stronger competitors, inadequate capital, unexpected costs, failure to gain product approval in foreign countries and failure to capitalize upon access to new markets. The Company disclaims any obligation to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events. These factors and others are discussed in the “Management's Discussion and Analysis" section of the Company's Reports on Forms 10-K and 10-Q available at www.sec.gov.
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