Emerson Radio Corp.

Emerson Radio Corp. was incorporated in Delaware in 1994. The Company designs, sources, imports and markets a variety of houseware and consumer electronic products, and licenses its trademarks to others on a worldwide basis for a variety of products. General The Company, directly and through its subsidiaries, designs, sources, imports, markets, sells and licenses to certain licensees a variety of houseware and consumer electronic products, both domestically and internationally, under the Emerson brand name. The Company believes its competitive advantages include a combination of: recognition of the Emerson brand; the Company’s distribution base and established customer relations; the Company’s sourcing expertise and established vendor relations; an infrastructure with personnel experienced in servicing and providing logistical support to the domestic mass merchant distribution channel, or supervising third-party logistics providers in providing same; and the Company’s extensive experience in establishing license and distribution agreements on a global basis for a variety of products. The Company intends to continue leveraging its core competencies to offer a variety of current and new houseware and consumer electronic products to customers. In addition, the Company intends to continue entering into licenses for the use of its trade names and trademarks by third parties. See Licensing Activities. The Company’s core business consists of selling, distributing, and licensing various low and moderately priced houseware and consumer electronic products in various categories.