Quantcast
 
New book by Larry Connors Click here Improve your trading - See how


 

Meade Announces That Its Highly Anticipated, Award-Winning ETX-LS Automated Telescope Is Now Shipping

Mon. June 15, 2009; Posted: 02:43 PM
Stocks RSS
IRVINE, Calif., Jun 15, 2009 (BUSINESS WIRE) -- MEAD | Quote | Chart | News | PowerRating -- Meade Instruments(R) (NasdaqGM: MEAD), the leading designer and manufacturer of telescopes and optical accessories for both professional and amateur astronomy enthusiasts worldwide, announced today that it has begun shipping its award-winning ETX(R)-LS automated telescope to its retail channels.

Honored as one of 2009's best new consumer electronics by the Consumer Electronics Association, the ETX-LS is the first and only completely hands-off self-aligning telescope. Meade's patented LightSwitch(TM) Technology automatically determines telescope location, time, date and orientation in order to deliver complete alignment with the "flip of a switch." With the built-in speaker and video-out jack, the multi-media Astronomer-Inside takes the user to the best objects in the sky and delivers a celestial encyclopedia of audio and video content that takes the user on an interactive guided tour of hundreds of night sky objects. And if a video monitor is attached, the user will see images and video presentations for the object.

"As telescopes have become more advanced over the years, they have also become more complicated to use. The ETX-LS with LightSwitch Technology reverses this trend by using innovation and technology to make it the simplest and easiest telescope to use ever. It is loaded with an array of user-friendly features that incorporate advanced technology to overcome the biggest challenges commonly faced by less experienced stargazers," said Steve Murdock, Meade's CEO. "Now in the International Year of Astronomy, this revolutionary telescope features the most advanced electronics and optics ever applied to a consumer telescope, eliminating the astronomy learning curve, and empowering everyday consumers to find, see and learn about thousands of stars, planets and galaxies from the convenience of their own backyards."

Building on the popularity of Meade's ETX series telescopes, the new ETX-LS' innovative LightSwitch Technology alignment system eliminates the frustration experienced by consumers when aligning traditional telescopes, as it automatically aligns itself for optimum night sky viewing with just the flip of a switch. Engineered with a built-in Integrated Sensor Module (ISM(TM)), which includes GPS and Level North Technology (LNT(TM)) sensors and the ECLIPS(TM) CCD Camera, the patented LightSwitch Technology alignment system replaces the "human eye" for the only hands-free alignment available in any consumer telescope. Upon activation, the scope's electronic sensors calculate the current time, date and location for the telescope, verifies the locations of two stars, and builds a 'real time' map of the night sky. The telescope is aligned and ready to use in a matter of minutes without any input from the user.

The ETX-LS is available with Meade's premium Schmidt-Cassegrain (SC) optics or, for the ultimate optical experience, with Meade's patented Advanced Coma-Free (ACF(TM)) optics for an additional $200. The ACF optical system delivers the same sharp, flatter, coma-free field of view found in professional observatories around the world using extremely expensive Ritchey-Chretien telescopes, but without the astronomical price tag.

The Meade ETX-LS has a low manufactures advertised price of $1,299 (SC optics) and $1,499 with the premium ACF optics system. Visit www.meade.com for more details.

ABOUT MEADE INSTRUMENTS

Built on the pillars of exploration, discovery, imaging, and sharing, Irvine, Calif. based Meade Instruments is the leading designer and manufacturer of telescopes and optical accessories with an enviable worldwide reputation for its well-engineered products that enable both professional and amateur astronomy enthusiasts to experience the wonder and excitement of exploring the universe we live in. Offering the industry's broadest product line of astronomical telescopes, solar telescopes, binoculars, microscopes and related optical accessories, the company distributes its products worldwide through a network of specialty retailers, mass merchandisers and domestic and foreign distributors. Additional information on Meade and its products including its ETX, LX, and Coronado series is available at http://www.meade.com.

"Safe-Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This news release contains comments and forward-looking statements based on current plans, expectations, events, and financial and industry trends that may affect the Company's future operating results and financial position. Such statements involve risks and uncertainties which cannot be predicted or quantified and which may cause future activities and results of operations to differ materially from those discussed above. Such risks and uncertainties include risks and uncertainties previously set forth in the Company's filings with the Securities and Exchange Commission. For additional information, please refer to the Company's filings with the Securities and Exchange Commission.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5987377&lang=en

SOURCE: Meade Instruments

The Pollack PR Marketing Group 
Will Ostedt/Stefan Pollack 
310-556-4443 
wostedt@ppmgcorp.com 
spollack@ppmgcorp.com
For full details for MEAD click here.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Most Popular News
  UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.