Panamax/Furman Named ‘Accessory Vendor of the Year’ by HES

PETALUMA, Calif. — April 21, 2010 — Panamax/Furman today announced that the company was named “Accessory Vendor of the Year” by Home Entertainment Source (HES), a group of specialty consumer electronics independent dealers, at the recent HES Summit in Dallas. A vendor partner of HES since 2008, Panamax/Furman provides the buying group’s members with full access and special pricing on the company’s complete offering of power management technologies.

The annual HES Summit is a three-day event where the buying group’s members gather to discuss their vision for the upcoming year, and review the contributions and level of support from the group’s vendor partners during the previous year. The “Vendor of the Year” winners are then chosen by a panel of HES senior management, including Jim Ristow, HES executive vice president.

“When choosing ‘Vendor of the Year’ winners, we look at all aspects of the company, including the profitability of their products, the depth of their program, and the level of communication and interaction they have with our group,” said Ristow. “This year, we are pleased to name Panamax/Furman as the winner in the accessory category. Since 2008, the company has enabled our members to offer their customers the most advanced power management solutions available for an unparalleled A/V experience.”

“HES is one of the largest merchandising groups in the CE industry, and carefully hand picks only the very best A/V suppliers for its members. We were thrilled to be chosen as a vendor partner two years ago, and are ecstatic to be named ‘Accessory Vendor of the Year’ for 2009,” said Dave Keller, senior vice president of sales and marketing for Panamax/Furman. “We’ve taken great pride in bringing our complete line of power management solutions to HES’ members, and are looking forward to continuing this partnership for many more years to come.”

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About Home Entertainment Source
Home Entertainment Source (HES), the A/V specialty division of Brand Source, is a 100-percent member-owned, member-managed merchandising group with approximately 500 members. HES provides specialized pricing, merchandising allowances, and rebate programs to the independent audio/video specialists, while using the size and power of Brand Source to provide a multitude of general business services. With annual sales exceeding $1.8 billion, HES ranks as one of the largest merchandising groups in the CE industry.

Panamax ~ Furman
Panamax and Furman have been international leaders in providing award-winning, innovative power management products for more than 35 years. Their power management products give audio/video systems the pure, noise-free power they need for superlative performance, providing longevity to the components connected while protecting them from damage caused by power surges and lightning. Together, as part of Panamax LLC, Panamax, Furman, and PFPower (a Panamax/Furman brand) address all major electronic markets, including home theater, professional audio and music, broadcasting, audio/video recording, OEM, and office equipment. Panamax/Furman’s cloud-based power and energy management platform, BlueBOLT™, sets a new industry standard in ease of installation and use. The company is based in Petaluma, Calif., and sells through an international dealer network and through select retail outlets. More information is available at www.panamax.com and www.furmansound.com.

All trademarks appearing herein are the property of their respective owners.

ENDS

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