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SOYO Group Introduces Dymond Wide-Screen, HD-Ready LCD TVs
Company Continues Its Expansion into $53 Billion LCD Monitor and TV Market
ONTARIO, Calif., June 16 /PRNewswire-FirstCall/ -- SOYO(R) Group, Inc.,
(OTC:SOYO) (BULLETIN BOARD: SOYO) , a leading global provider of computer
peripheral devices, consumer electronics and broadband telecommunications
products, today announced the launch of its new Dymond wide-screen, HD (high
definition) ready LCD TVs. Available in 32- and 37-inch screen sizes, SOYO's
Dymond LCD televisions expand the company's line of LCD display offerings,
which also includes the Dymond series of 17- and 19-inch monitors.
The market for LCD monitors and TVs reached $53 billion in 2004, a 42% increase
from 2003, according to the research firm iSuppli. SOYO's expansion in this
market builds on the company's long and successful history as a developer of
motherboards and graphics-related peripherals, and leverages SOYO's strong
manufacturing, distribution and retail sales networks. SOYO's Dymond LCD TVs
offer a variety of input options to deliver multimedia entertainment, including
DVI, D-Sub, Component A/V, S-Video and Composite A/V, for connecting DVD or VHS
players, video game consoles and computers. Featuring 480i, 480p, 720p and
1080i capabilities, consumers can enjoy viewing HD and standard broadcast,
cable and satellite television programming, as well as progressive-scan DVDs.
The TVs can also be used as a computer screen, enabling consumers to use normal
computer applications with a superior display.
The 16:9 aspect ratio delivers wide-screen movie theater quality video, and the
viewing angles of 176 degrees horizontal and 176 degrees vertical enable
everyone to enjoy a clear picture from almost any angle. Additional features
include 1200:1 contrast ratio and 1366 x 768 resolution for sharp images and
vivid color, and 8ms response time for clear fast-action video. "Strategically,
SOYO's Dymond LCD TVs position us for success in the growing global market for
LCD TV sets and monitors as unit volumes continue to increase," said Mr. Ming
Chok, president and CEO of SOYO Group, Inc. "Our Dymond LCD TVs offer a
combination of performance and design at a competitive price that is very
appealing to consumers looking to upgrade from their old CRT (Cathode Ray Tube)
TVs to new multifunction models that offer a variety of entertainment options."
The 32-inch Dymond LCD TV weighs just 48 lbs., and the 37-inch model weights
just 59 lbs. Both models can be wall-mounted to add floor space and update the
decor of any room in the house.
The 37-inch model also features a built-in media reader compatible with Memory
Stick, SM, SD, CF, CFII and MMC formats, for viewing digital photos in high
resolution and stunning color.
MSRP for the Dymond 32-inch TV is $1599, and list price for the 37-inch is
$2499. Each includes a remote control, power cables and user manual, and will
ship to authorized SOYO dealers and distributors in July. For more information
on SOYO's entire line of Dymond LCD display products, please visit
http://www.soyogroup.com/.
About SOYO Group, Inc.
SOYO Group, Inc. (OTC:SOYO) (BULLETIN BOARD: SOYO) is a leading global
provider of computer peripheral devices, consumer electronics, and broadband
telecommunications products and services. Headquartered in Ontario, California,
with sales offices in Sao Paulo, Brazil, SOYO Group sells its products through
an extensive network of authorized distributors, resellers, system integrators,
VARs, retailers, mail-order catalogs and e-tailers, including Walmart.com,
eCost.com, Fry's, PC Mall and Tiger Direct, among others. For more information
about the company and its products, please call (909) 292-2500 or visit our Web
site at http://www.soyogroup.com/.
Safe Harbor Act Notice
This information contains forward-looking statements within the meaning of The
Private Securities Litigation Reform Act of 1995 (the "Act"). In particular,
when used in the preceding discussion, the words "plan," "confident that,"
"believe," "scheduled," "expect," or "intend to," and similar conditional
expressions are intended to identify forward-looking statements within the
meaning of the Act and are subject to the safe harbor created by the Act. Such
statements are subject to certain risks and uncertainties and actual results
could differ materially from those expressed in any of the forward-looking
statements. Such risks and uncertainties include, but are not limited to,
market conditions, the availability of components and successful production of
the Company's products, general acceptance of the Company's products and
technologies, competitive factors, timing, and other risks described in the
Company's SEC reports and filings. Third party statements contained herein and
information contained on any third party website are not endorsed by or adopted
by SOYO, nor has their accuracy been verified by SOYO.
CONTACTS:
Ms. Pat Harriman, Investor Relations:
Director of Marketing David Pasquale, EVP
SOYO Group, Inc. The Ruth Group
Tel: 909-292-2543 Tel: 646-536-7006
Technical Media Relations:
Len Fernandes
Sierra Tech Public Relations
Tel: 530-832-1613
DATASOURCE: SOYO(R) Group, Inc.
CONTACT: Ms. Pat Harriman, Director of Marketing of SOYO Group, Inc.,
+1-909-292-2543, ; or Investor Relations, David Pasquale,
EVP of The Ruth Group, +1-646-536-7006, ; or
Technical Media Relations, Len Fernandes of Sierra Tech Public Relations,
+1-530-832-1613,
Web site: http://www.soyogroup.com/