Cobra 2007 Annual Report Download - page 4
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Please find page 4 of the 2007 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.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