StockGuru Shines its Spotlight on The Singing Machine Company, Inc. (OTCBB: SMDM) Announces New Product — August 30, 2011

StockGuru Shines its Spotlight on The Singing Machine Company, Inc. (OTCBB: SMDM) Announces New Product — August 30, 2011

Dallas, Texas (August 30, 2011) – StockGuru Shines its Spotlight on The Singing Machine Company, Inc. (“Singing Machine” or the “Company”)(OTCBB: SMDM) which yesterday announced the release of the Singing Machine 4TV.  On August 29, 2011, the Company did not trade closing at the bottom of its fifty-two week average of $0.09 – 0.02.

Singing Machine has partnered with Montreal-based boutique design firm, Pearl Studios, to design an entirely new line of Singing Machines.

The Singing Machine 4TV provides all the fun of a traditional karaoke machine but boasts many features never before seen in home karaoke. The 4TV plays traditional CD+G karaoke discs but is the first household karaoke machine to directly support MP3+G digital karaoke media, which are available for download from the Singing Machine Online Download Store.  The 4TV is also the first to integrate USB microphones with button support so you can remotely control all of your karaoke functions through the microphone. The 4TV features three (3) USB ports to support two simultaneous Microphones while playing USB digital media.  Hook the 4TV up to your TV and it displays lyrics beautifully right in your living room. Available in a range of colors, it is sure to fit into any room. One Singing Machine USB Mic included. Look for the Singing Machine 4TV this Holiday season.

Features:

  • 3 x USB ports (2 for USB Microphone and 1 for USB media).
  • USB Microphone compatible with your PC or MAC. Six buttons located on the Mic to remotely control all of your functions.
  • User Interface available through your TV to adjust karaoke settings and playlist.
  • First ever karaoke machine to support digital karaoke media in MP3+G format.
  • Elegant, fun design with powerful integrated speaker.
  • Hinge CD-tray design to fit stylishly into any household.
  • Designed for Singing Machine online music download store featuring over 8,000 karaoke songs available online for download.

 

About The Singing Machine

Incorporated in 1982, The Singing Machine Company develops and distributes a full line of consumer-oriented karaoke machines and music under The Singing Machine™, SMDigital™, SoundX™, Sound X Kids™ and other brand names.  The first to provide karaoke systems for home entertainment in the United States, The Singing Machine is available in North America, Europe and Australia. The Singing Machine is also the first to offer digital music downloads for play on home karaoke machines. See www.singingmachine.com for more details.

About Pearl Studios

Pearl Studios is a boutique brand and product development firm, with offices in Montreal and Seoul. Pearl develops design for world class products in partnership with top tier brands.  For more information, visit www.designbypearl.com.

Forward-Looking Statements

This press release contains forwardlooking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Such forwardlooking statements are based on current expectations, estimates and projections about the Company’s business based, in part, on assumptions made by management and include, but are not limited to statements about our financial statements for the fiscal year ended March 31, 2010.  You should review our risk factors in our SEC filings which are incorporated herein by reference.  Such forwardlooking statements speak only as of the date on which they are made and the company does not undertake any obligation to update any forwardlooking statement to reflect events or circumstances after the date of this release.

 

 

To view this StockGuru Spotlight, please visit: http://www.stockguru.com/category/latest-spotlights/

To get free alerts on this and other similar stocks, please register here:

http://www.stockguru.com/?page_id=250

What is the StockGuru Spotlight?

Many companies covered in The StockGuru Spotlight have positive increases in both volume and share price. While this is not true in all cases, StockGuru strives to cover companies in The StockGuru Spotlight that are worth of our readers’ attention.

StockGuru looks for potential break-out candidates in The StockGuru Spotlight.  Many of these companies have had recent news and appear to be getting the attention of investors. StockGuru does not typically feature companies in The StockGuru Spotlight that are compensating StockGuru for this coverage.  There are times when StockGuru covers a stock in The StockGuru Spotlight that had previously compensated Stockguru. Where that is the case, a proper disclosure is included below.   StockGuru and its partners, employees and writers never hold shares, short positions, warrants or any other current position in a stock featured in The StockGuru Spotlight.

To feature a company in The StockGuru Spotlight please contact the Publisher at publisher@stockguru.com.  If our reader is a key person for a publicly traded company, StockGuru can consider that company for either a StockGuru Spotlight or a StockGuru Profile.  Please contact the StockGuru Publisher John Pentony at this email address:  john@stockguru.com.

Stockguru.com (“SG”) provides its members with the latest news, press releases, and trade alerts for all the companies highlighted on the site StockGuru.com. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions.  SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and SG makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.Stockguru.com or mentioned herein.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected”, “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and SG undertakes no obligation to update such statements. StockGuru is occasionally compensated for coverage.  When this is the case, SG clearly indicates this with a disclosure of all compensation received in the past and present.  Additionally SG also discloses any anticipated compensation in the future.  Compensation is typically in cash.  Sometimes a company pays SG in restricted shares. Pentony Enterprise and its associated companies does not take free trading shares for any reason at anytime. StockGuru is not a registered investment adviser or a broker-dealer. StockGuru makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.

John Pentony, Publisher, Stockguru.com

Tel: +1 469 252 3031

e-mail: john@stockguru.com