The Singing Machine Company
Founded in 1982, The Singing Machine Company Inc. (SMC), a publicly traded company listed on the American Stock Exchange (symbol: SMD), develops and distributes consumer-oriented karaoke machines and music and other consumer electronic products under The Singing Machine, Bratz, Motown, Nickelodeon and other brand names.
SMC was the first to provide karaoke systems for home entertainment in the United States, and has sold approximately five million of its machines in North America, Europe and Asia since 2000. As an industry leader, SMC has captured the imagination of millions of consumers with innovative home karaoke systems and music that offer a compelling value proposition based on price, quality, and performance. This tradition continues with the company’s latest karaoke products, including the STVG-500, the world’s first karaoke television monitor system for under $100; the SMVG-600 with KaraokeVision, the first system that incorporates a camera to record performances; the STVG-700 with a built-in 7-inch television; and the Original Artist Karaoke featuring Motown original master recordings remixed and remastered for karaoke.
SMC is building on its foundation of innovative technology, active licensing programs, creative design, efficient supply chain management, and customer focus to create a broad-based home entertainment company. New products include a line of high quality wireless and wired speaker systems for the iPod, portable DVD systems, electronic drum sets and other innovative products. SMC’s electronic drum sets will be featured for Christmas ‘06 at a major national club store chain as well as musical instrument dealers throughout the U.S., Canada, and Australia. SMC also plans to introduce about a dozen new products for the musical instrument, karaoke and electronic toy markets to capitalize the strength and momentum of its Bratz license.