GN Store Nord A/S
Company Announcement

GN Netcom Expands Channel Presence through Distribution Agreement with Logitech

Copenhagen, 2011-06-21 08:00 CEST (GLOBE NEWSWIRE) -- In order to seize the
significant growth opportunity within Unified Communications (UC), GN Netcom
and Logitech have entered into a distribution agreement, where Logitech will be
offering a number of select Jabra headsets under the co-branded name “Logitech
powered by Jabra”. 

From July 2011, Logitech will sell select Jabra UC headsets to channel partners
and business customers, initially in the North American market. As a second
step, later in the year, the co-branded headsets are planned to be rolled out
globally. By combining the channel reach and broadly known brand of Logitech
with the high quality Jabra headsets and speakerphones, GN Netcom has taken an
important first step in significantly expanding the presence of Jabra headsets
in all relevant North American sales channels where Jabra headsets are
currently not present. 

The first three “Logitech powered by Jabra” products, available in July,
include the Logitech BSP420 USB Speakerphone (Jabra SPEAK™ 410), the Logitech
BH970 Wireless DECT Headset (Jabra GO™ 6430) and the Logitech BH870 Wireless
Bluetooth Headset (Jabra PRO™ 9450). 

GN Netcom will continue to sell its wide portfolio of Jabra branded headsets to
its current UC and CC&O channel partners and the enterprise sales team will
continue to address large UC opportunities with the Jabra branded headsets. 

The agreement between GN Netcom and Logitech is only expected to have a minor
positive impact on the financial results for 2011 and the guidance for 2011 is
therefore at this point in time maintained. 

“Jabra is already a leader in the UC space and we will continue to market the
full range of Jabra branded solutions for Unified Communications. The agreement
with Logitech enables GN Netcom to further expand the presence of Jabra
products in North American sales channels. We believe this agreement will lead
to more people using Jabra headsets and speakerphones for their UC solutions,”
said Mogens Elsberg, CEO of GN Netcom 

Logitech president and chief executive officer Gerald P. Quindlen said: “This
collaboration with GN Netcom will enable Logitech to be a full solution
provider for Unified Communications. Businesses will now have a single company
for a full range of UC solutions - from the meeting room with LifeSize video
conferencing end points and infrastructure products to PCs, Macs and tablets
with webcams, headsets and speakerphones.” 



For further information, please contact:



Mikkel Danvold         
VP, IR & Communications
GN Store Nord A/S      
Tel: +45 45 75 02 71