HARMAN and SoftBank Group Continue Successful Collaboration

HARMAN International Industries Incorporated (NYSE:HAR), the premier connected technologies company for automotive, consumer and enterprise markets, and SoftBank Group companies Sprint and Brightstar today announced their plan to launch the third generation of the highly successful Harman Kardon Onyx Studio line.

Since 2013, SoftBank (Japan), Sprint (U.S.A.) and Brightstar (worldwide) have been the provider of choice for HARMAN to sell the Harman Kardon ® Onyx Studio line to a global customer base. The Harman Kardon® Onyx Studio and Onyx Studio 2 received outstanding customer product reviews and were one of the best-selling wireless speakers in the U.S. As with its predecessors, the new Harman Kardon® Onyx Studio 3 combines award winning design and beautifully balanced form blended with an amazing audio performance delivering authentic, room filling sound from your phone or tablet.

“We are thrilled to extend our collaboration with the launch of the Harman Kardon Onyx Studio 3,” said Michael Mauser, President of the HARMAN Lifestyle Audio Division. “With our partners we can reach global markets and a large customer base. We are proud to see that our customers are convinced by the superior quality and listening experience of our product and helped building the success of the first two generations. With the Harman Kardon Onyx Studio 3 we are confident that we can take the collaboration to the next level.”

Crafted with high-end materials, the third generation of the Harman Kardon Onyx Studio is a full-featured, portable Bluetooth speaker that delivers powerful audio with Harman Kardon iconic design. You can enjoy music up to 5 hours of playtime thanks to the rechargeable battery. Wirelessly connect two Harman Kardon Wireless Dual Sound enabled speakers together to elevate your music listening experience. Make clear phone calls over the speaker with its built-in microphone, which is powered by noise and echo cancelling technology. The exquisite design will enhance the style and complement any room.

“Based on the success of our collaboration with HARMAN, we are excited to remain the exclusive carrier in the United States for the Harman Kardon Onyx Studio 3,” said Rod Millar, Senior Vice President of Product Development at Sprint. “Our customers received the first two generations incredibly well and with the attractive third product generation, we are enabled to continue bringing a superior sound experience to Sprint customers.”

“We're delighted to continue bringing exclusive and innovative products, such as the Harman Kardon Onyx Studio 3, to our customers across six continents”, said Khalid Zitouni, Vice President, Global Product and Operations at Brightstar, “We’re eager to continue expanding the global reach of the HARMAN brand to meet the demand for premium music products.”

The Harman Kardon Onyx Studio 3 will be available exclusively through Sprint and Brightstar via cross product promotional activities through the Mobility channel or by purchasing the product as a standalone from $449.99 MSRP. The targeted launch date for Sprint stores is May 2016. For further information and specifications about the Harman Kardon® Onyx Studio™ line please visit www.harmankardon.com/onyxstudio.

About HARMAN

HARMAN (harman.com) designs and engineers connected products and solutions for automakers, consumers and enterprises worldwide, including connected car systems, audio and visual products, enterprise automation solutions and connected services. With leading brands including AKG®, Harman Kardon®, Infinity®, JBL®, Lexicon®, Mark Levinson® and Revel®, HARMAN is admired by audiophiles, musicians and the entertainment venues where they perform around the world. More than 25 million automobiles on the road today are equipped with HARMAN audio and connected car systems. The Company's software services power billions of mobile devices and systems that are connected, integrated and secure across all platforms, from work and home to car and mobile. HARMAN has a workforce of approximately 28,000 people across the Americas, Europe, and Asia and reported sales of $6.5 billion during the 12 months ended December 31, 2015. The Company's shares are traded on the New York Stock Exchange under the symbol NYSE:HAR.

About Brightstar

Brightstar, a subsidiary of SoftBank Group Corp., is a leading provider of B2B services to manufacturers, operators, retailers, and enterprises in the wireless industry. With more than 50,000 customers in about 100 countries across six continents Brightstar is firmly positioned at the center of the wireless ecosystem™ enabling it to provide a comprehensive range of innovative services that can be seamlessly integrated across its customers’ end-to-end value chains. As the largest specialized distributor and leading buyback and trade-in provider in the industry, Brightstar extends the reach of wireless while also delivering financial solutions that drive affordability and solutions to protect mobile devices. Brightstar reported global net revenues of approximately $12.1 billion in 2015. For more information, please visit www.Brightstar.com.

© 2016 HARMAN International Industries, Incorporated. All rights reserved. Harman Kardon, Infinity, JBL, Lexicon and Mark Levinson are trademarks of HARMAN International Industries, Incorporated, registered in the United States and/or other countries. AKG is a trademark of AKG Acoustics GmbH, registered in the United States and/or other countries.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160222005516/en/