Altec to use Plantronics range for its headsets

Altec Lansing will soon be replacing its entire range of communication
headset products that include the AHS, AHP and IM range, with Plantronics'
entire range of communications headset. This development is a direct outcome of
the buyout agreement both companies signed recently.

Under the agreement, Plantronics will acquire all of the capital stock of
Altec Lansing for a cash purchase price in total of

approximately $166 million. Following the close of the transaction, the
resulting wholly-owned subsidiary of Plantronics will

be called Altec Lansing Technologies.

Plantronics is a publicly held company, headquartered in Santa Cruz,
California, with more than 4,500 employees and presence in 20 countries.
According to Anthony J Wilkinson, VP—Sales and Business Development —Asia
Pacific, channel partners worldwide will be soon informed about this development
and will be told to promote the Plantronics range of communications headset.
"All other product range will remain same," he informed.

Plantronics is known for the introduction of the first lightweight headset in
1962. Another interesting fact about Plantronics headset was that it was used
for Neil Armstrong's historic 'One small step for man, one giant leap for
mankind' transmission from the moon in 1969.

"Plantronics with its expertise in communications headsets and Altec
with its leadership audio entertainment products make a strong brand," said
Anthony.

NELSON JOHNY