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SOYO Group Launches VoIP Division to Reflect Company's Broader
Strategic Direction
Telecom Industry Veteran to Lead New Division
ONTARIO, Calif., March 22 /Xinhua-PRNewswire/ -- SOYO(R) Group, Inc.,
(OTC:SOYO) (BULLETIN BOARD: SOYO) , a leading provider of computer
motherboards, computer peripheral devices, and consumer electronics, announces
that it has established a new VoIP (Voice over Internet Protocol) Division.
The new division is responsible for product design, development, and the sales
and marketing of the company's line of VoIP Z-Connect Telephones, Routers,
Single Mode Gateways, Dual Mode Gateways, CallShop Solution and Calling Card
services.
The company has named Mr. Shaun Kung Vice President of Sales for the new
division. Mr. Kung has more than 20 years of experience in the
telecommunications and IT arenas with such organizations as Sprint, Qwest,
Golden Tree Communications and Data General/EMC.
While at Qwest Communications Mr. Kung was a Program Director in charge of
Qwest Professional Services' largest Internet deployment in Arizona. The
Student First project involved bringing Internet services to every student in
every K-12 classroom in Arizona. In 2000, Mr. Kung was Qwest's Professional
Services' National Manager of the Year.
'I am very excited about this new venture,' Mr. Kung said. 'The consumer
and enterprise markets are ready to embrace VoIP technology, and the SOYO VoIP
Division offers a complete range of products and services to meet the needs of
those markets. Our products are designed to enable users to maximize the value
of their existing broadband connections or network infrastructure, without
having to add expensive equipment or reconfigure their systems.'
The new division will provide VoIP wholesale dealers, ITSP (Internet Telephony
Service Providers) resellers, system and network integrators, small to medium
businesses, and consumers with high quality, affordable solutions for this
rapidly expanding market.
'VoIP offers a cost-effective alternative for local, long distance and
international phone and fax services. VoIP is definitely changing the way
consumers, businesses, government entities, and education markets purchase
telecommunications products and services,' said Ming Chok, president and CEO
of SOYO Group, Inc. 'Through this new division, SOYO is committed to being a
major player in the VoIP market.'
For more information about the features, advantages and benefits of SOYO's
Z-Connect products and services, please visit http://phone.soyo.com/ .
About SOYO Group, Inc.
SOYO Group, Inc. (OTCBB: SOYO) is a leading global provider of computer,
consumer electronics, networking, and broadband telecommunications products and
services that meet the needs of all markets -- from the end-user to the
enterprise. 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. 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.
For more information, please contact:
Corporate Contact:
Ms. Pat Harriman, Director of Marketing,
SOYO Group, Inc.
Tel: +1-909-292-2543
Email:
Technical Media Relations:
Mr. Len Fernandes,
Sierra Tech Public Relations
Tel: +1-530-832-1613
Email:
Investor Relations:
Mr. John D. Roskelley, President,
First Global Media
Tel: +1-480-902-3110
Email:
Web Sites: http://www.soyogroup.com
http://phone.soyo.com
DATASOURCE: SOYO Group, Inc.
CONTACT: Ms. Pat Harriman, Director of Marketing of SOYO Group, Inc.,
+1-909-292-2543, or ; or Mr. Len Fernandes of Sierra Tech
Public Relations, +1-530-832-1613, or ; or Mr. John D.
Roskelley, President of First Global Media, +1-480-902-3110, or
, both for SOYO