Re Agreement
01 September 2004 - 5:30PM
UK Regulatory
RNS Number:4701C
Centurion Electronics PLC
01 September 2004
Embargoed until: 07.30 1 September 2004
CENTURION WINS NEW RETAIL SUPPLY AGREEMENT WITH
HOME ENTERTAINMENT CORPORATION PLC
Centurion Electronics plc ("Centurion" or the "Company"), the UK market leader
in the field of in-car audio-visual entertainment, has signed a new retail
supply agreement with Home Entertainment Corporation PLC's ("Home
Entertainment") retail division, Choices Video. Established in 1985, Home
Entertainment is the second largest video and DVD rental business in England
and Wales. Choices Video has 218 stores nationwide.
Choices Video has placed and taken delivery of an initial order for the popular
Plug & Play BlueTM portable DVD with 8-inch screen system and follow up orders
have subsequently been placed.
Since the launch of the 8-inch screen Plug & Play BlueTM DVD player in April
2004, orders received have exceeded the Company's expectations. As well as this
agreement in place with Home Entertainment, the product has been selected by
Argos, for their Autumn/Winter 2004 catalogue.
Neil Muspratt, Director of Business Development for Choices Video commented:
"We are delighted to have formed a trading relationship with Centurion and to
bring a quality product offering to our market. We are pleased with the initial
sales results and intend to develop and grow our partnership with Centurion in
order to exploit further opportunities."
Brian Hendon, Chairman of Centurion, added: "The demand for this product has
exceeded our expectations and we are delighted to have formed the new supply
agreement with Home Entertainment and Choices Video. The Company's retail
trading has increased in the second half of the year and remains extremely
strong. Centurion is continuing to develop further new products for the
portable home and leisure sector to support the significant opportunities in
the important retail market."
For further information please visit www.ceplc.net or contact:
Brian Hendon Russell Cook Jeremy Carey/Claire Melly
Centurion Electronics Charles Stanley & Co. Ltd Tavistock Communications
Tel: 01707 330550 Tel: 020 7739 8200 Tel: 020 7920 3150
This information is provided by RNS
The company news service from the London Stock Exchange
END
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