Klegg Electronics (CE) (USOTC:KLGG)
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Klegg Electronics announced today that CircuitCity.com has become the
newest retailer to add the NetDisk, to their roster of products. The
NDU10-250, NDU10-400, and NDU10-500 feature 250, 400 and 500 Gigabytes
of storage respectively. The products are available for sale online at www.circuitcity.com.
Klegg recently announce the acquisition of the NetDisk line from Ximeta
Inc. The NetDisk is an external storage device embedded with NDAS
technology, which allows for the direct connection to any network
without the need for IP configurations or expensive servers. The NetDisk
plugs directly to an Ethernet router or switch enabling high speed
access for all devices on a wired or wireless network.
The NetDisk allows easy backup or expansion through software features
that allow Mirroring (RAID 1), Aggregation or RAID 0. Simply connect
another NetDisk storage device and follow easy instructions to increase
storage capacity or create an automatic copy of your primary NetDisk
unit.
Each NetDisk has a unique hardware ID and access keycodes which allow
you to specify which computer users have read and write access, read
access only or even no access to NetDisk. Since NetDisk requires no
TCP/IP setting, the unit is invisible and safe from external hackers.
Symantec backup software is also included for added security.
In addition to Circuitcity.com the NetDisk can be found at Fry’s
Electronics, J&R, CompUSA, Tiger Direct , CDW and many others. Suggested
retail prices begin at $169.00 for a NetDisk with 250 Gigabytes of
storage.
The Netdisk is fully compatible with the NDAS-enabled Klegg Media Center
TV, allowing for limitless storage of Music, Movies and Recorded TV. In
addition to the NetDisk, Klegg is expecting to release several new NDAS
enabled products this quarter.
About Klegg Electronics, Inc.
Klegg Electronics, Inc. (Pink Sheets: KLGG)is
a manufacturer and distributor of high quality consumer electronics.
Klegg Electronics has focused on designing a variety of products that
work seamlessly together within the home. Klegg produces consumer
electronic products that are designed to share and store data centrally
by using NDAS technology. The corporation is headquartered in Las Vegas,
NV.
Safe Harbor Statement
This press release contains forward-looking statements within the
meaning of the federal securities laws, including, without limitation,
statements regarding the following: the reverse stock split and the
impact and effects of the reverse stock split of Klegg Electronics are
based on management's expectation at the time they are made. Where
possible, the company has tried to identify these forward-looking
statements by using words such as "anticipates," "believes," "intends,"
or similar expressions. These statements are subject to a number of
risks, uncertainties and other factors that could cause actual events or
results in future periods to differ materially including, without
limitation, the following: the failure of the reverse stock split to
adjust the market price of Klegg's common stock; the failure of the
reverse stock split to attract new investors; Klegg's ability to
successfully develop and introduce new products; possible delays in the
products and technologies developed; the failure of the reverse stock
split to contribute to the creation of shareholder value; Klegg's
ability to compete with existing and future competitors; the ability of
Klegg's management team to continue to execute and manage Klegg's
inventory and expenses. All forward-looking statements made in this
press release are made as of the date hereof, and Klegg assumes no
obligation to update the forward-looking statements included in this
news release whether as a result of new information, future events, or
otherwise. The forward-looking statements are subject to risks and
uncertainties that could cause actual results to differ materially from
those set forth or implied by any forward-looking statements.