ONTARIO, Calif., Oct. 10, 2007 (PRIME NEWSWIRE) -- SOYO Inc. (OTCBB:SOYO), an innovative provider of computer and consumer electronics products, reported that they have added a new 24" LCD Monitor to their Prive line of products.
The new 24-inch wide screen Prive LCD Monitor will feature a native resolution of 1920 X 1200 for superior image quality and a fast 6 ms response time. The new monitor will be available for sale on October 10th and will have a Manufacture Suggested Retail Price (MSRP) of $399.99
The new Prive monitor also features 1000:1 Contrast Ratio, 300 Nits brightness, DVI and VGA connections. The new 24-inch wide screen format monitor delivers incredible colors, and a sensational viewing experience. Maximize your enjoyment view smooth, seamless video to flawlessly capture all the action in games and DVD movies.
Ming Chok, CEO for SOYO said, "Our Prive brand of products are gaining a lot of momentum heading into the fourth quarter, and we will continue to add products to the Prive product line. Our LCD monitors continue to ship to Canada, South America, Mexico as well as across the U.S., with volumes that are outpacing forecasts. I am very pleased with the diversification of sales that we accomplished so far this year."
SOYO announced the Prive Line of LCD TV's in April of 2007 and shipment began in May 2007. The Prive brand is an opening price point brand, and offers the consumer an affordable flat screen TV solution. SOYO has also recently introduced a product of similar size and spec to the Latin American market. Prive LCD TV's are built to alter the consumer's way of living, not their budget and are currently available in at a major retailer in Canada. For more detailed information about the Prive brand please visit www.privedisplays.com
About SOYO Inc.
SOYO Group Inc. is an innovative provider of consumer electronics such as LCD Monitors, LCD Televisions, Bluetooth, Portable Storage, LCD Furniture and broadband telecommunications products and services. Headquartered in Ontario, California, with additional sales offices in South America, SOYO Group sells its products through an extensive network of authorized distributors, resellers, system integrators, VARs, retailers, mail-order catalogs and e-tailers. Products are sold under the SOYO, Dragon, Onyx, Dymond, Honeywell, Le Vello, and Prive brand names. For more information, please visit http://www.soyogroup.com.
"Safe Harbor" Statement
The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the company. 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 Securities Act of 1933, as amended. 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. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the availability of components and successful production of the company's products, general acceptance of the company's products and technologies, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, general economic risks and uncertainties, and various other information detailed from time to time in the company's filings with the United States Securities and Exchange Commission. The company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Please refer to the company's filings at http://www.sec.gov.
Third-party statements contained herein and information contained on any third-party Web site are not endorsed by or adopted by the company, nor has their accuracy been verified by the company.