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Frontier Smart Technologies Grp Ltd

13 November 2017

 
 RNS Reach   13 November 2017

Frontier Smart Technologies Group Ltd

('Frontier' or the 'Company')

Smart Audio technology contract win

Frontier (AIM: FST), a pioneer in technologies for Digital Audio devices, is pleased to announce that its Smart Audio platform has been chosen by HARMAN International Industries ("HARMAN"), one of the world's largest manufacturers of audio systems and speakers, to power its new JBL Control Xstream wireless speakers. This is the latest in a series of Digital Audio collaborations between the two companies, which date back to 2013.

Minuet, Frontier's Smart Audio technology with Chromecast built-in and Spotify Connect, will enable the JBL Control Xstream speakers to provide highly synced wireless stereo and multi-room capability. Frontier is one of a small number of solution providers working with Google on its Chromecast built-in technology, enabling its customers to develop Smart Audio products. The speakers, which are sold as a pair, are expected to go on international sale at a price of $499 per unit later in November 2017.

Lou Schreurs, Vice President BU Connected Home, Harman Lifestyle Audio, said:

"Having worked with Frontier on other products, we were pleased to extend our Smart Audio relationship. Frontier's technology team supported us to complete development of the JBL Control Xstream speakers in a timely manner."

Anthony Sethill, CEO, Frontier Smart Technologies, said:

"Our Minuet platform provides a complete toolkit for brands and manufacturers wishing to develop Smart Audio devices with Chromecast built-in. We are delighted that Harman has once again chosen Minuet, this time to power its new JBL Control Xstream wireless speakers. This is an excellent example of how our longstanding relationships with some of the world's best-known audio brands can lead to further contract and design wins for our Smart Audio solution."

- Ends -

For further enquiries:

 
 Frontier Smart Technologies                  +44 (0) 20 
  Group Ltd                                    7391 0630 
 Anthony Sethill, Chief Executive 
  Officer 
 Jonathan Apps, Chief Financial 
  Officer 
 
 N+1 Singer (Nominated Adviser                +44 (0) 20 
  and Broker)                                  7496 3000 
 Shaun Dobson / James Hopton 
 
                                              +44 (0) 20 
 Buchanan (Financial PR)                       7466 5000 
 Henry Harrison-Topham/ Steph        FST@buchanan.uk.com 
  Watson

About Frontier Smart Technologies

Frontier is a pioneer in software and hardware technologies for Digital Audio devices. The Group has one operating division, Frontier Silicon, which provides solutions for Digital Radio and Smart Audio devices.

Frontier was incorporated in 2001. Customers include many leading consumer audio brands: Bose, Bowers & Wilkins, Denon, Grundig, harman/kardon (JBL), Onkyo, Panasonic, Philips, Pioneer, Pure, Roberts, Sony, TechniSat, Yamaha, and many more.

The Group is headquartered in London, with engineering, sales and operations teams in Cambridge, Timisoara (Romania), Hong Kong, and Shenzhen. Please visit http://www.frontiersmart.com/

About HARMAN International

HARMAN (harman.com) designs and engineers connected products and solutions for automakers, consumers, and enterprises worldwide, including connected car systems, audio and visual products, enterprise automation solutions; and services supporting the Internet of Things. With leading brands including AKG(R), Harman Kardon(R), Infinity(R), JBL(R), Lexicon(R), Mark Levinson(R) and Revel(R), HARMAN is admired by audiophiles, musicians and the entertainment venues where they perform around the world.

More than 50 million automobiles on the road today are equipped with HARMAN audio and connected car systems. Our software services power billions of mobile devices and systems that are connected, integrated and secure across all platforms, from work and home to car and mobile. HARMAN has a workforce of approximately 30,000 people across the Americas, Europe, and Asia. In March 2017, HARMAN became a wholly-owned subsidiary of Samsung Electronics Co., Ltd.

This information is provided by RNS

The company news service from the London Stock Exchange

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