Singing Machine Announces New Karaoke Assortment Across Walmart Electronics Departments Nationwide

Rhea-AI Summary

The Singing Machine Company (NASDAQ: MICS) has launched a new line of karaoke products available in approximately 3,200 Walmart stores across the U.S. The new offerings feature a wide range of products, priced between $9.99 and $149, including karaoke machines, microphones, and Bluetooth options with proprietary PitchLab technology. Among the eight new products are the SingCast Max, Groove XL, and all-in-one microphones. Singing Machine continues to lead in the karaoke market, providing access to over 100,000 songs through its app.

Positive

• New karaoke product line launched in 3,200 Walmart stores.
• Products priced attractively between $9.99 and $149.
• Includes innovative products like the SingCast Max and proprietary PitchLab technology.

Negative

• None.

Walmart Consumer Electronics In-Stock with the Newest Karaoke Products

Fort Lauderdale, FL, June 01, 2022 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) – the worldwide leader in consumer karaoke products today announced its new line of karaoke products are now available at approximately 3,200 Walmart stores nationwide.

Announced earlier this month, the new 4-foot program will include suggested retail price points from $9.99 to $149 and include a wide range of karaoke machines, microphones, portable Bluetooth^® microphones, and a streaming computer microphone featuring new proprietary PitchLab vocal processing technology which will provide pitch-correction and dazzling vocal effects. The Company announced it has launched eight new karaoke products into the consumer electronics department of Walmart stores around the country, available now.

Available products include:

• The SingCast Max is the first-ever home singing system with video casting technology which projects HD karaoke videos from the Singing Machine app to a TV wirelessly.
• The SingCast K-Box pairs Singing Machine’s new video casting technology with an iconic karaoke machine look.
• The Groove XL offers a full suite of classic karaoke features with big, room-filling sound.
• The Groove Hype makes singing fun for everyone with 6 voice changing effects, 3 sound effects and 3 song tracks.
• Singing Machine All-in-One mic features proprietary Pitch Lab technology, which includes professional pitch tuning and vocal effects and can be used for singing, podcasting, vlogging, YouTubing and more.
• Singing Machine Move Mic is an all-in-one Bluetooth speaker and mic with 22 professionally tuned vocal effects and voice-synching lights.
• The assortment also includes a wired and wireless microphone that can be used with Singing Machine products as well as any other products with microphone inputs.
  

To see the entire assortment and more, please visit:
https://singingmachine.com/collections/all-products

About The Singing Machine

Singing Machine^® is the leading provider of karaoke products to consumers across the world. The Company offers the industry's widest line of at-home and in-car karaoke entertainment products, which allow consumers to find a machine that suits their needs and skill level. The Company’s products are sold in over 25,000 locations worldwide, including at well-known retailers such as Amazon, Costco, Sam’s Club, Target, and Walmart. As the most recognized brand in karaoke, Singing Machine products incorporate the latest technology and provide access to over 100,000 songs for streaming through its mobile app and select WiFi-capable products. To learn more, go to www.singingmachine.com.

Investor Relations Contact:
Brendan Hopkins
(407) 645-5295
investors@singingmachine.com
www.singingmachine.com
www.singingmachine.com/investors

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by management and include, but are not limited to statements about our financial statements for the fiscal year ended March 31, 2021. You should review our risk factors in our SEC filings which are incorporated herein by reference. Such forward-looking statements speak only as of the date on which they are made and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

FAQ

What new karaoke products did Singing Machine launch?

Singing Machine launched eight new karaoke products, including the SingCast Max and Groove XL, available at Walmart.

Where can I buy Singing Machine's new products?

The new karaoke products are available at approximately 3,200 Walmart stores nationwide.

What is the price range of Singing Machine's new karaoke products?

Prices for Singing Machine's new karaoke products range from $9.99 to $149.

What technology does Singing Machine's new line feature?

The new line features proprietary PitchLab vocal processing technology for pitch correction and vocal effects.

How many products has Singing Machine launched in Walmart?

Singing Machine has launched eight new karaoke products in Walmart stores.