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SIM2 Multimedia and Bang & Olufsen Sign Global Distribution Agreement (24/9/2012)

The Danish Company’s dealer network will distribute the high-end projectors ‘made in Pordenone’

SIM2 Multimedia, prominent Italian manufacturer of high-end projectors for home cinema and professional applications, and the Danish company Bang & Olufsen, leading provider of luxury audio and video products, sign a strategic agreement of international validity.

Starting Sept 2012, Bang & Olufsen is opening up their distribution and recommending SIM2 projectors as a supplement to the Bang & Olufsen product range. The DLP® based projector models from the SIM2 Multimedia range will be sold by 900 Bang & Olufsen stores worldwide. This agreement means that SIM2 will increase its worldwide distribution network by 40%, with a partner that is synonymous with Design & Technology. The agreement was formalised at IFA in Berlin, at the launch of the new SIM2 M.150, the first 3D home cinema projector illuminated by 3 x LED.

The SIM2-Bang & Olufsen collaboration will create a wider product offering and a cutting edge marketing proposal, to meet the increasing demand and requirements of customers for home entertainment. The range of state-of-the-art audio and video products offered by Bang & Olufsen will be widened by made-in-Italy SIM2 projectors, whose high-end technology is a benchmark for all manufacturers operating in this industry.

SIM2 Multimedia and Bang & Olufsen have different origins and histories, but they share the same approach based on research, innovation, advanced design and continuous improvement. The two companies turn to the same audience of selective and high-level consumers – well disposed to changes in technology – who desire an emotional, involving experience from their home cinema system more than a pure moment of entertainment.

SIM2 is one of the few European companies that - through its strong commitment to innovation, know-how and focused activities - have been able to establish a remarkable global reputation, which extends to the greatest ever film directors such as Francis Ford Coppola and David Lynch. Bang & Olufsen boasts a history of more than 85 years: the company is known worldwide, and its brand evokes hedonism, stylistic perfection and excellent performance. Both companies have the merit of challenging the ordinary and proposing amazing, long-lasting experiences to their audience: each of them offers incomparable quality in its area of expertise.

‘It is a great pleasure to work in this tough time with a prestigious and esteemed Company such as Bang & Olufsen’, said Maurizio Cini, president and CEO of SIM2 Multimedia. ‘SIM2 high-end solutions for projectors are appreciated worldwide, and they are well in line with the positioning and reputation of Bang & Olufsen. We are confident that our agreement – a partnership of excellence – will contribute to launch our business in a high scale.’

Jakob Odgaard, Managing Director for Bang & Olufsen in South & Central Europe says: “Bang & Olufsen’s BeoLiving concept offers a unique way of transforming a living room into a home cinema with just a push on one button. Here the SIM2 projectors are a perfect match to the Bang & Olufsen audio and video products for creating the right Home Cinema experience.”

www.sim2.com
www.bang-olufsen.com