TruAudio has acquired Oasis Labs, a manufacturer of contractor grade speakers sold to the public.

TruAudio will discontinue the online offering of Oasis products and incorporate them in an economy line sold through their exclusive dealer network.

President Bryan Garner said, "Mojoav.com is the internet site where Oasis products are sold to the public. We acquired the web site and the Oasis product line and will incorporate it as our economy line for dealers. We will shut down the Mojo web site as of March 1, 2013. It's another way of showing our commitment to professional custom installers while augmenting our entry level series of speakers."

TruAudio will sell Oasis as its premier contractor grade series and will fill out the rest of the product line with complementing TruAudio products.

"When a dealer buys Oasis by TruAudio, they can be assured that their price point is the most competitive in the industry," said Garner.

Oasis by TruAudio products are comprised of in-ceiling, bookshelf, rock, and outdoor speakers and are available through authorized TruAudio dealers beginning March 1.