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2 COBRA ELECTRONICS CORPORATION
We entered 2008 with a fresh
perspective and tremendous optimism
for the future. Cobra’s core business

opportunities for growth. We have


two-way radios, radar detection,
photo-enforcement detection and
Citizens Band radios. We are growing
our presence in marine VHF radios
and power inverters – adding new


increasing acceptance of the Cobra


North America and Western Europe.

more than 60 countries around the

our footprint.

for the future of our company and

LETTER TO
SHAREHOLDERS


America. Our decision was based upon





continue to investigate opportunities to


from Performance Products Limited

The change in strategic direction for

company on its core strengths and


of these opportunities, based on our





broadening its reach to more than



consumers with increased power and


the highest power and range permitted

such as VOX hands-free operation.


through continued innovation in





detectors – the XRS R7 and XRS R9G,




they approach photo-enforced highways
and intersections, high accident zones
. . . WE HAVE SEEN INCREASING ACCEPTANCE OF THE COBRA
NAME GLOBALLY, AS OUR REACH EXTENDS BEYOND OUR
TRADITIONAL STRONGHOLDS OF NORTH AMERICA AND
WESTERN EUROPE. IN FACT, COBRA HAS A RETAIL PRESENCE
IN MORE THAN 60 COUNTIES AROUND THE WORLD. . .
c A STRONG CORE BUSINESS
c OPPORTUNITIES FOR GROWTH
c GLOBAL PRESENCE
JIM BAZET, PRESIDENT & CEO