News

D&M Consolidates CI Product Portfolio and Maintains Growth Strategy via DMi Channel in Europe (5/5/2010)

D&M Holdings Inc. has ended its fiscal year on 31 March 2010 and announced a significant improvement in profitability. The company has increased market shares across all regions, earning many awards internationally for its new products, strengthened relationships with channel partners and improved inventory management and operations; positioning itself for further growth in 2010.

In a consolidation of its brand portfolio, D&M is continuing its investment of resources in its core Denon, Marantz, McIntosh and Boston Acoustics brands, and has announced the discontinuance of Escient Vision. Escient’s innovative technologies and R&D resources are to be assimilated within D&M’s core brands. D&M Europe, however, will continue to develop and market the Escient Zone CI integrated home control system, available exclusively through DMi. DMi’s ongoing commitment to Zone is underlined by the recent launch of the new Zone network HD media player and DIN Rail-lighting system; providing fully integrated and scalable lighting control within the Zone system. D&M Europe will continue to grow its strong presence in the custom installation market via its DMi organisation, providing solutions from the key D&M brands in combination with the Escient Zone control system and matching accessories. The company will continue to launch new CI products in April and throughout the year.

DMi will continue to provide full service and support to both installers and end-users for the installed Escient Vision base, and will issue an update for the platform extending current functionality in the coming months.

Commenting, DMi Brand Director Bert Kiggen stated, “D&M has earned itself a major position in the European CI sector via its DMi operation. With the advance of AV network and systems integration technologies, we have developed a unique and market leading product portfolio. The continuing expansion of the power and functionality of the Zone platform, and the Denon and Marantz network enabled CI products it supports, ensures that our dealers and installers have an unparalleled offering from a single manufacturer.”

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