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Crestron Breaks Single Month Sales Record In December
Crestron Increases Revenue 26 Percent for December 2008
ROCKLEIGH, NJ, January 14, 2009 /High Tech - Internet PR News/ -- Crestron Electronics, Inc. today announced record breaking one-month sales for December 2008. Ironically, the day the U.S. government reports the worst jobless rate since 1945, and the day after President-elect Barack Obama urged Congress to take "dramatic action as soon as possible" to mitigate the length and severity of the recession, Crestron announces its best month in the company's 40-year history.
Crestron, the global leader of advanced commercial and residential control and automation systems, has posted double-digit sales growth for 20 consecutive years. The New Jersey-based company's fiscal year ended in June with annual revenue of more than $400 million. In December retail electronic sales suffered a double-digit decline and the U.S. manufacturing sector led job losses. At the same time, Crestron increased monthly sales by 26 percent over last December - on pace for another record breaking year.
"Our industry and our company are not recession-proof or immune to economic conditions," explains Crestron Executive Vice President Randy Klein. "But Crestron is uniquely positioned to help our dealers and partners thrive even in these uncertain times. We have a responsibility to develop new technologies, get them to market and create more business opportunities."
Crestron, which does all manufacturing in the U.S., introduced 70 new products in 2008 (plus 200 accessories), averaging a new product release every five days. The company has a remarkable 22 new products scheduled to launch this month alone, which is more than most manufacturers announce in an entire year. Further evidence of the positive effect Crestron has on the professional electronics industry is the 2008 Top 50 Systems Integrators listing, which was published by New Bay Media earlier this week. The report shows that the top installers did not experience a drop off in sales, and nine out of 10 were Crestron dealers.
The latest sales figures from Crestron are a testament to the four decades of innovation, vision and ingenuity of this American manufacturer.
About Crestron Electronics, Inc.
Crestron is the world's leading manufacturer of advanced control and automation systems, innovating technology and reinventing the way people live and work. Offering integrated solutions to control audio, video, computer, IP and environmental systems, Crestron streamlines technology, improving the quality of life for people in corporate boardrooms, conference rooms, classrooms, auditoriums, and in their homes.
Crestron's leadership stems from its dedicated people who are committed to providing the best products, programs and services in the industry. This culmination of loyalty, devotion and innovation is what our dealers refer to as "The Crestron Experience."
For more information please call us toll-free at 800-237-2041 or visit us at www.crestron.com.
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Press Release Contact Information:
Mark Pappas
Crestron Electronics, Inc.
Marketing Communications Manager
15 Volvo Drive
Rockleigh, New Jersey
usa 07647-2507
Voice: 201-767-3400
Fax: 201-767-1902
Website: Visit Our Website |
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