NuVision Inks Deal With HES Buying Group

HES to provide just-in-time availability of NuVision LCD's to national network of specialty dealers

Feb 11TH 2010 -Scottsdale, AZ U.S. NuVision© Inc., the leading manufacturer of ultimate -performance 1080p Deep Black LCD HDTV's has announced that a formal agreement has been reached with HES (Home Entertainment Source), one of the largest specialty audio/video dealer networks in North America.


NuVision, offering a complete line of ultimate performance LCD sets from 19 to 65 inches in size that feature the Industry's most advanced video processing engines, has maintained a limited distribution business model, seeking out only the most qualified dealers and installers In the US market. "We are excited to have reached a deal with HES because of the emphasis within the organization on top quality products and services," stated NuVision CEO David Hester. "We are confident that this group of top tier dealers will excel with an exclusive luxury brand such as NuVision," Hester added. The entire NuVision product line will become available to HES dealers, including the much heralded FX5LS series of super slim LED -lit LCD's available in 40 -inch, 46 -inch, and 55 -inch sizes.

HES maintains a network of over 500 A/V specialist nationwide who design and install complete home entertainment, security and control systems. As part of the agreement, authorized members now have the ability to purchase NuVision products nationwide from their very own warehouse solution. The member owned Expert Warehouse offers the flexibility of reduced freight minimums and also faster customer service response times thanks to a new online customer service portal. These services, combined with the advantage of just -in -time delivery, make the synergy between NuVision and HES an attractive proposition for one of the largest specialty audio/video dealer networks in North America. "We anticipate that NuVision will address a real need for our dealers and conversely we anticipate that HES will prove to be an ideal channel strategy for a brand such as NuVision," commented HES Executive Vice president Jim Ristow. "Our member dealers will position NuVision properly, representing the product benefits effectively to consumers while providing the support and installation services commensurate with a true luxury brand. We are looking forward to a mutually beneficial business relationship for both HES and NuVision," Ristow concluded.

About NuVision: Founded in 2005, NuVision, Inc. is a manufacturer of ultimate performance video components. Known for their premium build quality and elegant appearance, NuVision products are engineered to be the finest home cinema solutions available. To ensure that customers receive the best support, service and set -up, NuVision products are only sold through an exclusive, pre -qualified dealer network. For more information visit: www.NuVision.com

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 over 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.



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