Cobra 2002 Annual Report Download - page 10
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Please find page 10 of the 2002 Cobra annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.8 COBRAELECTRONICSCORPORATION
2002ANNUALREPORT 9
Cobra’shigh-endGPS
1000receiveristhe
ultimatecomplementto
anyoutdoorenthusiast’s
lifestyle—andaneasyway
toreturntothathotshing
spot!
Cobra’sGMRSradiosare
alreadyndingahomein
themarinemarket,and
newVHFradiosandpower
invertersspeciallydesigned
formarineusersare
targetedforthesecond
halfof2003.
Cobraiscommittedtobringingthesamedegreeof
innovationandenergytotheGPSmarketthatithas
broughttoeachofitsothermarkets.Whilethehand-held
GPSreceivermarkethasgrownimpressivelyoverthepast
severalyearsbytargetingseriousoutdoorsenthusiasts,
hobbyistsand“gadgetguys”,Cobra’smarketresearch
indicatesthatcurrentGPSproductsaretoocomplicated
formostmainstreamconsumerstooperate.Byintroducing
themarket’srsttrulyuser-friendlyline,Cobraintendsto
notonlygrabasignicantsliceoftheGPSmarketbutalso
helpacceleratethemarket’sgrowth.
OneofthebiggestlimitationsofcurrentGPSreceivers
isthetimeittakesto“acquire”,orlocate,threesatellites’
positionsnecessarytodeterminetheuser’sexactlocation.