LAS VEGAS, Nov. 10, 2005 (PRIMEZONE) -- Klegg Electronics, Inc. (Pink Sheets:KLGE) is pleased to announce the company is now publicly traded underneath the ticker symbol KLGE. Plans for acquisitions are underway with strong growth anticipated in 2006.
Klegg Electronics offers the latest in high quality, home entertainment technology. These products range from the world's smallest satellite speakers, a 4-in-1 media center capable of recording 200 hours of television to a hard drive, 17-inch, 30-inch and 40-inch LCD TVs with full versatility and options, as well as their award-winning surround sound in-ceiling and in-wall mounted speakers.
Klegg home theater systems are available in over 80 retail stores across the country. Powered by Klegg's innovative Human Acoustic Technology(tm), these products replicate natural sounds as the human ear hears them. This technology provides exceptionally accurate and life-like sound reproduction.
Dennis Gentles, President of KLGE stated, "This is a great turning point for our company and our shareholders. Our products are located nationwide. We are generating significant month over month revenues and we are now positioned to begin acquisitions. Heading into 2006, we will aggressively pursue expanding and providing nationwide installation services of our home entertainment technology."
About Klegg Electronics, Inc.:
Klegg Electronics, Inc., (KLGE) is a manufacturer and distributor of high quality consumer electronics. Klegg Electronics has focused on designing a variety of products that work seamlessly together within the home. The corporation is headquartered in Las Vegas, NV.
Cautionary Statement for the Purpose of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the impact of changed economic or business conditions, the impact of competition, the success of existing and new product releases, the management of our growth, other risk factors inherent in the Internet, and extreme sports industries, and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.