Cobra Electronics Corporation (NASDAQ:COBR)

Cobra Electronics Corporation is a leading global designer and marketer of navigation and communication products, with a track record of delivering innovative and award-winning products. Building upon its leadership position in the GMRS/FRS two-way radio, radar detector and citizens band radio industries, Cobra identified new growth opportunities and has expanded into the GPS, mobile navigation and marine markets over the past few years. Cobra's acquisition of Performance Products Limited, a designer and marketer of award-winning GPS locators for speed camera detection, personal navigation devices and vehicle entertainment and security systems, vastly expands the company's reach in the U.K. and Europe. The acquisition also provides access to Performance Products Limited's downloadable database of speed camera locations and other intellectual property. The Consumer Electronics Association, Forbes and Deloitte & Touche have all recognized Cobra for the company's innovation and industry leadership.