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Kramer Electronics Announces Strategic Investment in WOW Vision
New Partnership Leverages Strengths of Both Companies - Pairs industry leading BYOD Collaboration Products with Highly Developed Worldwide Sales Channels
Jerusalem, Israel - May 28th, 2014 - Kramer Electronics, a worldwide supplier of innovative and reliable signal management products, is pleased to announce it has acquired 50% of Singapore based WOW Vision. WOW Vision is a manufacturer of product solutions for corporate and hospitality meeting spaces and educational facilities. Their products enable convenient wireless connection to, and the sharing of, large screen displays from laptops and mobile devices and provide effective, efficient, productive two-way collaboration.
As a result of this new partnership between Kramer and WOW Vision, Kramer will assume responsibility for worldwide branding and distribution of Wow Vision's products. Wow Vision will continue to conceive and develop industry leading products that make meetings and learning environments more productive and more interactive.
"We have developed the industry's leading technologies for facilitating the effective wireless connection of meeting participants to a large screen display, and for providing unparalleled meeting collaboration in the corporate and education markets. We pride ourselves on our ability to develop unique technology solutions for this market segment," stated Dr. Dinesh Tripathi, CEO of WOW Vision. "In this relationship with Kramer, we believe we have found the perfect partner. Kramer has incredibly well developed worldwide distribution channels coupled with a very strong brand name recognized for producing reliable products, and supported by knowledgeable and dedicated employees."
"We are very excited about adding WOW Vision to the Kramer family because BYOD, collaboration and wireless applications are increasingly critical in today's converging AV/IT world. WOW Vision offers the best solutions in the market and this partnership allows us to add these products to our already comprehensive line of solutions," stated Dr. Joseph Kramer, CEO of Kramer Electronics. "Most importantly though, as WOW Vision continues to design and build cutting edge product solutions to make meetings smarter and more productive in business and education environments, we can leverage the strengths of our Kramer brand, our marketing acumen and our worldwide distribution channels to get the products into the hands of our customers."
Kramer Electronics will be launching its first two products: the Kramer VIA Collage� and the Kramer VIA Connect�. The products will be introduced at InfoComm 2014 which will be held June 18th through the 20th at the Las Vegas Convention Center in Las Vegas, Nevada.
For the burgeoning collaboration market, only the fully featured BYOD oriented Kramer VIA Collage can do all of the following: wirelessly allow up to six participants to show their screens on one display, with the possibility of using two displays and allowing up to twelve participants to be simultaneously displayed; it allows collaboration from any mix of devices - PC's, Mac's, tablets, Smartphone's and more; it enables meeting participants to simultaneously create and edit a common document through their individual devices; it provides the ability for documents to be shared and saved instantaneously by all team participants utilizing the VIA Collage; its interactive whiteboard function offers multiple users the ability to annotate, edit or highlight any image on the screen via their touch enabled devices. In fact, every member of the meeting can participate in brainstorming activities simply by using the keyboard and mouse on their own device.
The compact VIA Connect is a wireless presentation hub which provides quick and easy wireless connection to, and sharing of, a large screen device by several users. Multiple meeting participants can display their images or at any time one individual presenter can easily choose to have their device be the only image displayed. As with the VIA Collage, the VIA Connect can accommodate any PC, Mac, iOS or Android device.
The Kramer VIA Collage and the Kramer VIA Connect will be on display at the InfoComm show in Kramer booth C7736 located in the Central Hall of the Convention Center.
VP of Marketing, Kramer US
About Kramer Electronics:
Founded in 1981, with its world headquarters in Israel, Kramer Electronics Ltd. is a leading manufacturer of high-quality analog and digital audio, video and computer signal management products for the ProAV, Presentation, Production, Broadcast, Home Theater, Houses of Worship, Digital Signage and Security markets.
Kramer's product line includes audio, video and computer signal processing equipment including: distribution amplifiers (DAs), switchers, matrix switchers, scalers, presentation scaler/switchers, digital and analog decoders and encoders, fiber and twisted pair range extenders, table mounted cable management products, cables, cable accessories and more.
Kramer also offers broadcast quality routers, distribution amplifiers, multi-viewers and controllers under its Sierra Video brand, digital signage products through its Minicom Digital Signage brand, high-end rental and staging live event scaler/switchers through its Kramer Powered by Calibre brand and wireless connectivity and collaboration solutions under its Kramer VIA brand.
In addition to its headquarters in Israel, Kramer has corporate sales and distribution offices in the United States, Canada, Mexico, Brazil, Argentina, Colombia, United Kingdom, France, Spain, Finland, Sweden, Germany, Poland, Switzerland, Italy, India, China, Thailand, Korea, Singapore, Taiwan, Hong Kong, New Zealand and Australia.
About WOW Vision:
WOW Vision technology improves idea-generation in organizations through collaboration and innovation. Since 2001, WOW Vision has been in the forefront of the AV-IT convergence providing cutting edge and cost effective solutions for Collaboration, Streaming, Recording, Archiving and more. At the heart of WOW Vision is a team of innovators, specializing in wireless technology that challenges current presentation, collaboration and display technology. Collaboration technology features strongly in our directive to change how organizations think about ideas and how organizations perceive innovation. Through this technology, we are redefining the DNA of ideas and disrupting our current understanding of how organizations approach collaboration to drive innovation.
WOW Vision products are an example of disruptive collaboration technology. They plug into and convert any display, located anywhere in the organization, into an instant meeting point for pure collaboration, independent of device incompatibility, hardware availability, and connectivity constraints. The immediacy of collaboration spurs idea-generation and innovation on a scale that shifts people from passive recipients in a monolog of data, to active participants in a dialog of information.
WOW Vision Pte Ltd is based in Singapore. In Singapore are the business management, sales and marketing teams, whilst the strong research and development team is based in India.
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