Plantronics 2006 Annual Report Download - page 8

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On April 4, 2005, Plantronics acquired 100% of the outstanding shares of Octiv, Inc., which we renamed
Volume Logic, Inc., (‘‘Volume Logic’’). Volume Logic provides audio enhancement software and products
to consumers, audio professionals and businesses. Volume Logic technology provides consumers the
ability to listen to music without the distraction of numerous volume shifts or overworked speakers.
Business communication also benefits from Volume Logic adapted to telephony every call can be at
the right volume level and clear, no matter how many people are on the line.
Volume Logic’s product line includes media player plug-ins for consumers and professional applications
for recording engineers, broadcasters and webcasters.
On August 18, 2005, Plantronics acquired 100% of the outstanding shares of Altec Lansing Technolo-
gies, Inc. (‘‘Altec Lansing’’), a market leader in portable and powered audio systems. The acquisition of
Altec Lansing enabled us to combine our expertise in voice communication with Altec Lansing’s
expertise in music entertainment to meet the full audio needs of the consumer in their personal and
professional lives. Altec Lansing, which is now a wholly-owned subsidiary of Plantronics, designs and
manufactures digital powered audio systems for PCs and portable audio devices in all price ranges that
complement the style and electronics of the most advanced personal computers (‘‘PCs’’), TVs, iPods,
portable audio devices, smartphones, and entertainment centers.
Our business is organized into two reportable segments: the Audio Communications Group (‘‘ACG’’)
and the Audio Entertainment Group (‘‘AEG’’).
)AUDIO COMMUNICATIONS GROUP: Our ACG segment is our core business and is
engaged in the design, manufacture, marketing and sales of headsets for business and consumer
applications, and other specialty products. We make headsets for use in office and contact
centers, with mobile and cordless phones, and with computers and gaming consoles. Plantronics
headsets are communications tools, providing freedom to use your hands while staying
‘‘connected,’’ freedom to move around, and freedom from using keyboards. We apply a variety of
technologies to develop high quality products to meet the needs of our customers, whether it be
for communications or personal entertainment. Plantronics headsets are widely used with cell
phones, in contact centers, in the office, in the home, for computer applications such as Voice
over Internet Protocol (‘‘VoIP’’), for gaming, and other specialty applications. Revenues from
products with the Plantronics, Clarity, and Volume Logic brand are included within the ACG
segment.
)AUDIO ENTERTAINMENT GROUP: Our AEG segment is engaged in the design,
manufacture, sales and marketing of audio solutions and related technologies. We offer computer
and digital audio systems, digital radio frequency audio systems, and portable audio products as
well as headphones and microphones for personal digital media. Major product categories
include portable audio, powered audio, personal audio (headphones) and interactive audio
(headsets). Revenues from products with the Altec Lansing brand are included within the AEG
segment.
We provide access free of charge through a link on our website, to the following filings as soon as
reasonably practicable after they are electronically filed with or furnished to the Securities and Exchange
Commission: our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on
Form 8-K and all amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of
the Securities Exchange Act of 1934.
Our principal executive offices are located at 345 Encinal Street, Santa Cruz, CA, 95060. Our telephone
number is (831) 426-5858. Our internet address is www.plantronics.com. Our Investor Relations website
is also accessible through www.plantronics.com.
2Plantronics