Industry - Consumer electronics latest news

MIAMI, FL (MARKET WIRE) Fobis Technologies has upgraded its weemote Sr remote control to support the Digital TV Transition (DTV) and ease confusion consumers experience with the change in channel numbering. The weemote Sr is available on Amazon.com, FreeDTVShop.com and www.weemote.com for $24.99.

TORONTO, ONTARIO (MARKET WIRE) EFT Canada Inc (TSX VENTURE: EFT), a publicly traded company based in Toronto Ontario, today announced that it entered into a Letter of Intent to acquire privately held, San Diego, California-based Secure Payment systems Inc. ("SPS"), a leading provider of integrated electronic financial services to thousands of small and medium sized clients in Canada, the United States and Mexico. The acquisition is subject to certain customary conditions, as well as the completion and signing of a definitive agreement following approval by the Toronto Stock Exchange Venture Exchange.

Indian durable major Videocon Industries is all set to make Dubai its next global export hub for the Middle-East, Africa, europe and South America.

PARSIPPANY, NJ (MARKET WIRE) Emerson Radio Corp. (AMEX: MSN) today announced it has accepted the resignations of W. Michael Driscoll and David R. Peterson from its board of directors.

CHINO, CA (MARKET WIRE) Innovative, a premiere showroom that offers home theater and home automation systems, will host a reception and demonstration of Control4 on Thursday, July 31st at 3:30pm. The demonstration will allow customers to see the Control4 technology, a home theater system that was recently featured on "The Oprah Winfrey Show," customize packages and discuss options for their home needs as well as enjoy free food, drinks and prizes.