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Harman: No Impact On Business From Japan Disasters

Stamford, Conn. –
Harman’s consumer electronics, professional audio, and automotive OEM business will
remain materially unaffected by the recent catastrophes in Japan because the
company has maintained a diversified global supplier base, Harman reported.

Following the disasters,
Harman established a task force to evaluate any potential risks to its supply
chain or its Japanese automotive business, the company said. The task force’s
review determined that no material impact on business is expected, Harman said.

Harman maintains
two office locations in Nagoya and Tokyo. All employees there are safe, and
operations have continued with minimal disruption, the company continued.

The company also announced
a $100,000 contribution to the Red Cross relief efforts, and is matching
employee contributions toward the Japan Tsunami and Earthquake disaster relief