Rosebery, NSW Australia–Founded in 1977, Sydney-based LeisureTech Electronics (LTE), celebrates its thirtieth anniversary this year with plans for expansion into new markets and technologies. The company is best known for its invention of A-BUS, the patented technology for multi-room audio.
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, he started a division called Leisure Imports to import high quality audio products, IR systems and cables. In 1991, Mr. Goldfinch teamed up with Len Andrews and the duo soon introduced 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. That very same year, Goldfinch and Andrews invented A-BUS; a revolutionary platform carrying power, stereo signal, status and IR down a single Cat-5 cable. LTE successfully applied for patents for its A-BUS technology and by 2007, the company had been granted patents for A-BUS in Australia, New Zealand, Europe, Canada, Mexico and the United States.
Today, LeisureTech has 55 employees worldwide located in Australia, the United States and their dedicated manufacturing facility, LeisureTech Thailand (LTH), near Bangkok. LTH supports A-BUS OEM clients as well as their numerous LeisureTech branded products, which are sold throughout Australasia.
Andrew Goldfinch, founder of LeisureTech and co-inventor of A-BUS technology, explained, It sounds like such a clich but we have been having so much fun these thirty years that I honestly dont know where the time has gone. As a forty-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.
