ONTARIO, Calif., June 4, 2008 (PRIME NEWSWIRE) -- SOYO Inc. (OTCBB:SOYO) today announced that the first of its smaller sized SOYO brand LCD HDTV's, the 22 inch, is now available for purchase at American TV and Appliance stores and online at www.americantv.com.
Harvey Schneider, Director of Sales for SOYO said, "As the market penetration for LCD's continues to grow, people are looking for a second or third television for their homes. These smaller sized TV's are great for smaller areas like dorm rooms, dens and kitchens, which require a smaller footprint. While SOYO has been a player in the larger sized LCD TV market, we have not been in the smaller sized LCD TV market and given the recent growth in LCD sales, we feel that the smaller sized LCD TV niche will be beneficial to us."
The 22 inch LCD TV features a 2 ms response time, a 1,000:1 dynamic contrast ratio and a resolution of 1680x1050. It also features a brightness rating of 300 nits and stimulated surround sound and a full array of inputs to accommodate high definition video sources and video game consoles. The MSRP for the 22 inch LCD TV is $479.99 USD.
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.