Cobra Electronics Corporation (ticker: COBR, exchange: NASDAQ Global Market (.O))
News Release -
4-Jan-2008
Cobra Improves Its View With Latest Mobile Navigation DeviceIndustry-First OptiView(TM) Screen Complements Tried and True Technology in NAV ONE(R) 5000
LAS VEGAS, Jan 04, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Featuring the ground-breaking
OptiView ultra-bright, five-inch touch screen, Cobra Electronics
(Nasdaq: COBR) will unveil the NAV ONE 5000 at the Consumer Electronics Show.
The screen, an exclusive Cobra feature, is paired with a new slim design and
road-tested, user-friendly technology that makes the NAV ONE 5000 a
streamlined combination of effortless navigation, portability and
user-friendly features, all at a competitive price.
The NAV ONE 5000's slim OptiView touch screen provides an on-screen view
showing 20 percent more of the road ahead compared to traditional widescreen
navigation units. Plus, on-screen text that is 50 percent larger than the
competition and enhanced backlighting make for easy-to-view colors and
graphics, even in extreme lighting conditions. And with a lower mounting
option, the screen is easily visible without obstructing the driver's view of
the road.
Exclusive verified speed and red light camera location alerts are provided
by the NAV ONE 5000 through Cobra's own proprietary database -- the only
verified database of its kind in the U.S. The unit uses GPS technology to
monitor the driver's location in relation to the cameras and provides alerts
up to a mile before reaching them.
"Safety on the road is an ever-present concern for today's driver, and
we're responding to that concern with the new NAV ONE 5000," said Tony
Mirabelli, senior vice president of sales and marketing for Cobra. "The unit
offers a design and feature set that enhances driver safety and alertness,
such as its easy-to-view OptiView screen and speed and red light camera alerts
for dangerous intersections."
The 5000 also offers the My Favorite Brands feature, which makes over 800
brands accessible at the touch of a button. Once the driver selects brands in
categories such as restaurants, large retail chains and famous coffee shops,
the companies' brand icons appear on the map, providing "at-a-glance"
visibility to the driver.
The NAV ONE 5000 is traffic-ready with the richest, up-to-the-minute
traffic content available. The optional traffic receiver and subscription
delivers traffic data for 69 major metropolitan areas throughout the United
States via four color-coded levels of traffic flow information. In addition,
Cobra's patent-pending Compare Routes feature allows the driver to choose from
two on-screen routing options to get around traffic.
Other features found standard in Cobra's NAV ONE 5000 include turn-by-turn
voice guidance with spoken street names; Bluetooth(R) connectivity for
hands-free calling; a rechargeable lithium-ion battery; over 7.6 million
points of interest; and the widest temperature usability range on the market
(allowing functionality in conditions ranging from -4 to 140 degrees
Fahrenheit).
The NAV ONE 5000 is available at an MSRP of $509.95 at leading retailers.
The optional real-time traffic feature with a 15-month traffic service
subscription is $159.95.
Cobra's navigation products have won acclaim from consumers and reviewers
alike. In January 2006, the NAV ONE 4500, which was the first fully integrated
real-time traffic mobile navigation device, was named a Consumer Electronics
Show Design and Engineering Showcase honoree in the Vehicle/Mobile Electronics
category.
Along with the NAV ONE 5000, Cobra's 2008 mobile navigation, radar
detection, two-way radio, citizens band and marine products will be on display
at this year's CES in Las Vegas, January 7-10 in the Central Hall, booth
# 9841, at the Las Vegas Convention Center. Additionally, Cobra's radar,
mobile navigation and two-way radio products will be on display at CES
Unveiled, January 5 in the Sands Expo and Convention Center.
About Cobra Electronics
Cobra Electronics is a leading global designer and marketer of
communication and navigation products, with a track record of delivering
innovative and award-winning products. Building upon its leadership position
in the GMRS/FRS two-way radio, radar detector and Citizens Band radio
industries, Cobra identified new growth opportunities and has aggressively
expanded into the marine market and has expanded its European operations. The
Consumer Electronics Association, Forbes and Deloitte & Touche have all
recently recognized Cobra for the company's innovation and industry
leadership. To learn more about Cobra Electronics, please visit the Cobra site
at http://www.cobra.com.
Media Contact:
Elizabeth Sherman
312.729.4434
esherman@golinharris.com
SOURCE Cobra Electronics
http://www.cobra.com
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