ONTARIO, Calif., Feb. 5, 2008 (PRIME NEWSWIRE) -- SOYO Inc. (OTCBB:SOYO), an innovative provider of computer and consumer electronics, today announced that Mr. Edward O'Brien, SOYO's Director of Marketing, will present an overview of the Company and highlight recent company achievements and future company goals at the SCIA Southern California Small Cap Investment Conference Saturday, February 9, 2008, from 7 a.m. to 1 p.m. at the Atrium Hotel at the Orange County Airport in Irvine, California.
SCIA will be the first of many conferences of this nature that SOYO plans to attend over the course of the year in order to increase their profile with Wall Street. The SOYO presentation will include recent financial growth including: sales, revenue for the last four years, and projected earnings for 2007. It will also address the Company's business objectives for the future as well as the direction the Company plans to take for the coming years. A PDF of the presentation will be posted on the SOYO website.
Ming Chok, CEO of SOYO Group Inc., said, "In September of last year we began our shareholder education process, and even in a tough market the street awarded us with a higher valuation. As most of you know, I feel it is time for us to get off the OTCBB, and attending conferences such as these and getting people to recognize our company will be a significant part of reaching that goal. Expect more shows, more communications as well as a full awareness campaign. We are in for the long haul, and we believe our valuation will improve as our business continues its upward cycle."
Information regarding the conference including the conference schedule and registration information is available via the SCIA website, www.sciaonline.org.
About SCIA:
Southern California Investment Association is a comprehensive national alliance of almost 200 member firms consisting of NASD brokers/dealers, institutional, investment and merchant bankers, investment advisors, analysts, market makers, financial service managers, fund managers, venture capitalists, media and accredited investors from all over the U.S. This is a specialized and seasoned group that buys and invests in smaller issues of companies with proven management. Since year 2000 the organization has funded more than $100 million per year and supported and assisted hundreds of public companies. www.sciaonline.org
About SOYO Inc.
SOYO 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 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.soyo.com. For information on the Honeywell Consumer Electronics product lines, please visit www.honeywellce.com.
"Safe Harbor" Statement
This release contains certain statements that may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. The words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions, are intended to identify 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, successful performance of internal plans, 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 www.sec.gov.