Universal Electronics' Paul Arling Named CEO of the Year in OC Tech Alliance High-Tech Innovation Awards

October 9, 2015

Paul Arling Recognized For Establishing Sustained Innovation and Delivering Laudable Financial Performance and Investor Returns

Santa Ana, CA – Universal Electronics Inc.  (NASDAQ:UEIC), the worldwide leader in universal remote control technologies and control interfaces, today announced that Paul Arling, CEO, has won the “Outstanding Public Company CEO” category of the Orange County Technology Alliance’s annual High-Tech Innovation Awards.

Now in its 22nd year, the prestigious High-Tech Innovation Awards honor the best OC-based tech companies, people and products driving innovation locally and globally. Arling, who received the award for the first time this year, was named “CEO of the Year” for his role in establishing an innovation culture at Universal Electronics, and for his leadership in guiding the company’s impressive financial performance and stockholder investment returns throughout his tenure.

“I am truly honored to be named CEO of the Year by this wonderful organization,” said Paul Arling, chairman and chief executive officer of Universal Electronics. “Orange County is a powerfully important hub for global technology innovation.  I’m blessed to lead a team of super-smart individuals that have been the real movers behind our success.”

Under Arling’s leadership, Universal Electronics has leveraged decades of research into developing some of the most innovative solutions, applications and advances in the home entertainment control marketplace. The company recently announced reaching a major milestone with its QuickSet® solution: the embedded technology has been deployed in more than 150 million devices worldwide, including set-top boxes, connected TVs, media devices, game consoles, smartphones, tablets and more.

“Our judges reviewed significantly more nominations this year than in previous years and selecting finalists was not easy,” said Peter Craig, CEO, OC Tech Alliance.  “We congratulate Paul Arling for being selected as Outstanding Public Company CEO of the Year, as well as the entire team at Universal Electronics who made it all possible.”

About Universal Electronics

Founded in 1986, Universal Electronics Inc. (UEI) is the global leader in wireless control technology for the connected home. UEI designs, develops, and delivers innovative solutions that enable consumers to control entertainment devices, digital media, and home systems. The company’s broad portfolio of patented technologies and database of infrared control software have been adopted by many Fortune 500 companies in the consumer electronics, subscription broadcast, and computing industries. UEI sells and licenses wireless control products through distributors and retailers under the One For All® brand name. More information is available at www.uei.com.

About Orange County Technology Alliance

Orange County Technology Alliance is a 501(c)6 nonprofit trade association committed to fast-forwarding the local innovation economy. It is the successor organization to the Orange County Council of TechAmerica and AeA. It is the only technology association addressing the needs of technology companies and their leaders based in Orange County, Calif. The alliance serves members through local networking, professional development, state and federal advocacy, savings on business services and industry recognition. To learn more about membership, contact OC Tech Alliance at octech@octechalliance.com.

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