AUDIOVOX CORPORATION FINALIZES UTSTARCOM DEAL

Hauppauge, NY, April 6, 2005 . . . Audiovox Corporation (NASDAQ: VOXX) announced
today that it has received the final escrow payment and the remaining balance of
outstanding net working capital adjustments associated with the sale of its
cellular subsidiary's business, Audiovox Communications Corp. (ACC) to
UTStarcom, Inc. (NASDAQ: UTSI). One hundred percent of the escrow was paid, as
there were no disputes or adjustments to the transaction.

In total, the Company received gross proceeds of $322.1 million, which includes
the total purchase price of $165.1 million, $148.5 million in collected accounts
receivables and $8.5 in net working capital adjustments. John Shalam, Chairman,
President and CEO of Audiovox Corporation added, "As we have stated before, we
believe this transaction was in the best interest of our Company and its
shareholders. The Company collected all of the proceeds anticipated at the
signing of this deal." Shalam further stated, "We now look forward to using the
proceeds to build our portfolio of brands and continue the search for
synergistic and strategic acquisitions that will help fuel our company's future
growth." About Audiovox Audiovox Corporation is a leading international
distributor and value added service provider in the consumer electronics
industry. The Company conducts its business through subsidiaries and markets its
products both domestically and internationally under its own brands. It also
functions as an OEM (Original Equipment Manufacturer) supplier to several
customers. For additional information, please visit Audiovox on the Web at
http://www.audiovox.com.

Safe-Harbor Language
Except for historical information contained herein, statements made in this
release that would constitute forward-looking statements may involve certain
risks and uncertainties. All forward-looking statements made in this release are
based on currently available information and the Company assumes no
responsibility to update any such forward-looking statement. The following
factors, among others, may cause actual results to differ materially from the
results suggested in the forward-looking statements. The factors include, but
are not limited to, risks that may result from changes in the Company's business
operations; our ability to keep pace with technological advances; significant
competition in the mobile and consumer electronics businesses as well as the
wireless business; our relationships with key suppliers and customers; quality
and consumer acceptance of newly introduced products; market volatility;
non-availability of product; excess inventory; price and product competition;
new product introductions; the possibility that the review of our prior filings
by the SEC may result in changes to our financial statements; and the
possibility that stockholders or regulatory authorities may initiate proceedings
against Audiovox and/or our officers and directors as a result of any
restatements. Risk factors associated with our business, including some of the
facts set forth herein, are detailed in the Company's Form 10-K for the fiscal
year ended November 30, 2004.

Company Contact:                        Public and Investor Relations Contact:
C. Michael Stoehr, SVP/CFO              Glenn Wiener
Audiovox Corporation                    GW Communications
(631) 231-7750                          (212) 786-6011 or gwiener@GWCco.com






















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