SOURCE: Blucora

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SOURCE: Monoprice

Monoprice

September 16, 2015 08:00 ET

Monoprice® Expands to East Coast; Opens Major Distribution Center in Kentucky

New Warehouse Will Better Serve the Midwest, Northeast and Southeast, Furthering E-tailer's Commitment to Exceptional Customer Service

RANCHO CUCAMONGA, CA--(Marketwired - September 16, 2015) - Monoprice, the leading provider of high-quality and affordably priced consumer electronics and accessories, today announced the opening of a 103,000-square-foot warehouse in Hebron, Ky. The facility will serve as a major distribution center for shipping electronics to consumers in the Midwest, Northeast and Southeast, and will create 20 full-time jobs. Monoprice currently has a warehouse serving the West and Southwest markets in Rancho Cucamonga, Calif. -- the company's headquarters.

"We believe a strong e-commerce and customer service model must be supported by an exceptional distribution strategy," said Bernard Luthi, president of Monoprice. "With the new Kentucky warehouse, we'll be able to process and ship orders faster and more efficiently to customers residing throughout the Midwest and the entire East. It's our philosophy to constantly innovate and challenge our competitors by delivering premium, affordable electronics products to consumers. In addition to expanding into new product categories and upgrading our e-commerce site for a more simplified search function and checkout process, this new distribution center is another testament to taking our customer shopping experience to the level customers deserve and expect."

The new warehouse will house over 1,400 of the most in-demand products sold on Monoprice.com. Currently, the company offers high quality consumer electronics and tech accessories, including thousands of electronic cables, AV, pro audio and home theater equipment, networking and IT gear, mobile solutions, PC peripherals and other tech gear, at prices much lower than those of its competitors. The e-tailer collaborates with leading manufacturing facilities to develop quality products, and offers them direct to consumers through a best-in-class customer experience with exceptionally low prices that eliminate wholesale and retail markups often seen from major brand competitors.

As part of the newest expansion, Monoprice will host a grand opening and ribbon cutting ceremony today from 9:30 a.m. to 11:00 a.m. with the Boone County, Ky. Judge-Executive, Gary W. Moore; Congressman Massie's Field Director Bob Porter; the Kentucky Chamber of Commerce President Trey Grayson; and Northern Kentucky Tri-Ed Vice President Wade Williams. The event will consist of a breakfast reception, welcome speeches from Monoprice and statements from local elected officials, followed by the official ribbon cutting, a $5,000 donation from Monoprice to Northern Kentucky MakerSpace, and a tour of the new 103,000-square-foot facility.

For more information on Monoprice and its product offerings, please visit Monoprice.com.

About Monoprice, Inc. (DBA Monoprice.com)

Located in Rancho Cucamonga, Calif., Monoprice, Inc. is an e-commerce leader specializing in providing more than 6,500 high-quality yet affordable electronics and tech products. As an industry innovator, Monoprice fills a void in the consumer technology market by delivering exceptional products that are on par with the best known national brands at prices far below the retail average with incomparable speed and service. Maintaining a business philosophy that focuses on the needs of its customers, the company strives to bring simplicity, fairness and confidence to consumers and businesses shopping for big-ticket electronics and tech accessories. For more information about Monoprice, follow us on Facebook, Twitter, LinkedIn, Google+, and YouTube. Monoprice is a business unit of Blucora, Inc. (NASDAQ: BCOR).

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