By Craig Zammit
SYDNEY: Sydney-based LeisureTech Electronics (LTE) is set to celebrate its 30th anniversary this year with exciting plans for expansion into new markets and technologies.
“It sounds like such a cliché but we have been having so much fun these 30 years that I honestly don’t know where the time has gone,” said LeisureTech founder and co-inventor of A-BUS technology, Andrew Goldfinch.
“As a 40-year veteran of the CE industry, I have seen many changes in my day. However, time-honored principles of good product, service and integrity never change and the key is the trusted long-term relationships we enjoy around the world.”
LeisureTech is best known for its invention of A-BUS technology in 1997, the innovative, patented technology that has become an affordable standard for multi-room audio, which LeisureTech licenses to leading technology brands throughout the world.
In 1977, the original company was formed by Andrew Goldfinch in Sydney as a retailer of specialist audio products under the name Leisure Sound.
In 1979, Goldfinch started a division called Leisure Imports to import high quality audio products, IR systems and cables.
In 1991, Goldfinch teamed up with Len Andrews to introduce their first Australian-made, custom audio products under the brand name, Andrew’s Audio, which quickly received recognition and acclaim.
In 1997, as the company celebrated its twentieth anniversary, the name was changed to LeisureTech Electronics to better reflect their diversified and expanded business.
Today, LeisureTech has 55 employees worldwide located in Australia, the United States and their dedicated manufacturing facility, LeisureTech Thailand (LTH), near Bangkok.