Rent-to-own News

Rent-to-own News - Petra Industries adds Chrysalis Acoustics to line-up

May 12, 2008

Petra Industries, a leading national wholesale distributor of consumer electronics, custom installation products, mobile audio/video accessories and appliance connection supplies, today announced the addition of Chrysalis Acoustics, a Velodyne company, to its extensive inventory.

 

Velodyne Acoustics, Inc. is the world’s leading manufacturer of powered subwoofers for home theater and consumer audio.
 
“Our partnership with Velodyne is a unique opportunity,” said Tate Morgan, Petra executive vice president. “Because Velodyne recognized Petra for its exceptional customer service and business practices, they’ve opened a rare opportunity for us to work with them in distribution. We’re pleased to be distributing their new Chrysalis brand.”
 
Petra’s inventory of Chrysalis products includes three subwoofer series—the Photon, BassMatrix and Starfire. Each series consists of two models. The Photon-8 and Photon-10 feature Class D amplifiers with 2000 watts dynamic power. The DSP-controlled BassMatrix-10 and BassMatrix-12 includes a remote control to customize listening preferences with a choice of four presets—Movies, R&B/Rock, Jazz/Classical or Games. The Starfire-10 and Starefire-12 are stylish, affordable subwoofers that deliver deep, powerful bass. These products can currently be found at www.petra.com and can also be seen in Petra’s spring 2008 catalog, which enters circulation in May.
 
“Distribution is a key element in the success of the Chrysalis line and so careful selection of the best distributors to meet our needs is crucial,” said Douglas Smith, Velodyne director of sales, North America. “We are very pleased to add Petra to our list of select distributors for Chrysalis and believe they will be a tremendous asset in establishing this brand.”
 
About Petra


Petra is a leading national wholesale distributor of consumer electronic, custom installation products, mobile audio/video accessories and appliance connection supplies. Headquartered in the Oklahoma City metropolitan area for more than 20 years, Petra carries more than 15,000 products from more than 300 manufacturers. Petra’s mission is to provide the highest level of service, integrity and product value to assure customer satisfaction.  Petra’s full-color catalog is mailed twice annually to more than 90,000 retailers nationwide.  Petra offers same-day shipping for orders placed before 6:00 p.m. CST, a lowest-price guarantee to beat any competitive distributor’s price on an identical item, expert sales support, 24-hour online ordering and a no minimum order policy. Petra is a member of CEA, CEDIA, PARA and APRO. For more information on Petra, visit www.petra.com or call 1-800-443-6975.
 
About Chrysalis


Chrysalis Acoustics, a Velodyne Acoustics, Inc. company, brings leading edge technology to deliver a powerful home theater experience. Building upon a 25-year heritage with Velodyne, universally recognized as the leading manufacturer of high-performance, low distortion powered subwoofers at all prices levels, Chrysalis Acoustics was founded on the principal of recreating music and movies in the home with products incorporating superior sound and innovative engineering. For moreinformation, visit www.chrysalisacoustics.com.

 

mevans@rtohq.org
 
 

About APRO
The Association of Progressive Rental Organizations is the official voice of the rent-to-own industry and the most accurate and trustworthy source of rent-to-own news in the industry. Founded in 1980, APRO is the national, nonprofit trade association advocating and representing the rent-to-own industry before the U.S. Congress, state legislatures, courts, media and the public.

For more information, visit www.rtohq.org.




Featured APRO Photo:
From the APRO 2006: Gala Cocktail Party Album
Gala - 7

View All RTO Photos
in the RTOHQ.org gallery
RTOHQ: The Magazine
RTOHQ: The Magazine is the Association of Progressive Rental Organizations' award-winning rent-to-own industry magazine, and it's available here.

Complete issue of RTOHQ: The Magazine | June - July 2008
Download the entire June- July 2008 issue of RTOHQ: The Magazine by clicking on the link above (PDF file size is approximately 11 MB). by APRO

 

The Connectors
By Kristen Card

Taking into consideration APRO’s 2008 Convention theme, “Rent-to-Own Connections,” we debut RTOHQ: The Magazine with a series of profiles on some of those in our industry who use their insights about rent-to-own and their abilities of persuasion to connect with members of Congress: Congressman William Lacy Clay, Steve Kruse, RSSS’ Ellison Crider, Missouri’s Mighty Cs (Larry Carrico, “Tiger” John Cleek and Dan Cole), Lyn Leach, Bryce Company’s Bryan Collins, Tom Bernau and Benefit Marketing Solutions.

 

Identity Theft in the Rent-to-Own World
By Ed Winn III
These days, businesses are being held more accountable for the records they keep and the safeguards they use to protect them. Should your customers’ personal and financial information fall into the hands of thieves, you might be liable for the damages caused.

 

APRO’s 2008 Convention Education: Your Gateway to New Ideas
The education schedule at APRO’s 2008 Rent-to-Own Convention and Buying Show in St. Louis has been revamped to provide an entire day of great ideas that you can take back to your stores. Check out the complete schedule and seminar descriptions in this issue.

Association of Progressive Rental Organizations
1504 Robin Hood Trail
Austin, Texas 78703
800/204-2776, ext. 103
Fax 512/794-0097