Peerless Drops CRT MountsNovember 14, 2011
Peerless-AV announced Monday that it will no longer manufacturer mounts for CRT TVs. The company plans to exit that space by year's end.
Peerless will now focus on flat screen mounts.
“Many of the existing CRT TVs in the commercial marketplace have been replaced with flat-panel displays, and virtually all new installations are using flat panels” Mike Campagna, president and COO of Peerless-AV, said as part of the announcement.
“Until now, we continued to support the few customers that still conducted business in this niche, but it’s become clear it’s no longer viable.”